Banque Transatlantique SA Raises Stock Position in Walmart Inc. $WMT

Banque Transatlantique SA increased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 31.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,268,425 shares of the retailer’s stock after buying an additional 301,319 shares during the period. Walmart accounts for about 3.4% of Banque Transatlantique SA’s investment portfolio, making the stock its 8th biggest holding. Banque Transatlantique SA’s holdings in Walmart were worth $124,596,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Brevan Howard Capital Management LP lifted its stake in shares of Walmart by 1,539.0% in the 2nd quarter. Brevan Howard Capital Management LP now owns 297,535 shares of the retailer’s stock valued at $29,093,000 after purchasing an additional 279,382 shares during the period. Adage Capital Partners GP L.L.C. increased its holdings in Walmart by 14.4% in the second quarter. Adage Capital Partners GP L.L.C. now owns 4,569,326 shares of the retailer’s stock valued at $446,789,000 after purchasing an additional 576,100 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Walmart by 3.6% in the second quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock valued at $3,126,775,000 after buying an additional 1,098,342 shares during the period. Connecticut Wealth Management LLC lifted its stake in Walmart by 3.0% in the second quarter. Connecticut Wealth Management LLC now owns 15,761 shares of the retailer’s stock valued at $1,541,000 after buying an additional 458 shares during the period. Finally, Vista Capital Partners Inc. bought a new position in Walmart during the second quarter worth about $310,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Truist Financial upped their price target on Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. BTIG Research restated a “buy” rating and set a $125.00 price objective (up previously from $120.00) on shares of Walmart in a report on Friday, November 21st. Piper Sandler reaffirmed an “overweight” rating and issued a $123.00 target price (up previously from $111.00) on shares of Walmart in a research note on Friday, November 21st. Cowen reissued a “buy” rating on shares of Walmart in a research report on Tuesday. Finally, Evercore ISI set a $117.00 price target on shares of Walmart and gave the company an “outperform” rating in a report on Tuesday. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.31.

Walmart Stock Performance

Shares of Walmart stock opened at $116.70 on Friday. The firm has a market cap of $930.12 billion, a price-to-earnings ratio of 40.80, a price-to-earnings-growth ratio of 5.34 and a beta of 0.64. The stock’s 50-day moving average is $106.31 and its 200-day moving average is $101.46. Walmart Inc. has a one year low of $79.81 and a one year high of $116.95. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same period last year, the company earned $0.58 earnings per share. Walmart’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $109.57, for a total value of $2,127,411.12. Following the completion of the transaction, the chief executive officer owned 4,334,747 shares of the company’s stock, valued at approximately $474,958,228.79. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the sale, the executive vice president directly owned 879,815 shares in the company, valued at $92,160,621.25. This trade represents a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 128,013 shares of company stock valued at $13,553,747 over the last ninety days. Insiders own 0.10% of the company’s stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.