Walmart Inc. $WMT Shares Sold by Kendall Capital Management

Kendall Capital Management decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 4.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 3,940 shares of the retailer’s stock after selling 175 shares during the quarter. Kendall Capital Management’s holdings in Walmart were worth $385,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Augustine Asset Management Inc. lifted its position in Walmart by 5.2% in the second quarter. Augustine Asset Management Inc. now owns 15,155 shares of the retailer’s stock valued at $1,482,000 after buying an additional 744 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of Walmart during the second quarter worth about $212,000. NovaPoint Capital LLC lifted its position in shares of Walmart by 0.9% during the second quarter. NovaPoint Capital LLC now owns 77,643 shares of the retailer’s stock worth $7,592,000 after purchasing an additional 664 shares in the last quarter. Cove Private Wealth LLC lifted its position in shares of Walmart by 99.1% during the second quarter. Cove Private Wealth LLC now owns 22,240 shares of the retailer’s stock worth $2,175,000 after purchasing an additional 11,069 shares in the last quarter. Finally, Patton Fund Management Inc. acquired a new stake in shares of Walmart during the second quarter worth about $250,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

NYSE:WMT opened at $103.14 on Friday. The firm has a market cap of $822.32 billion, a price-to-earnings ratio of 38.77, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The firm’s fifty day moving average price is $100.16 and its 200 day moving average price is $96.11. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the prior year, the firm earned $0.67 earnings per share. Walmart’s quarterly revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total value of $1,248,712.50. Following the completion of the sale, the executive vice president owned 932,313 shares of the company’s stock, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the sale, the executive vice president directly owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 151,232 shares of company stock worth $15,077,519. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on WMT shares. The Goldman Sachs Group lifted their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. Finally, Bank of America raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $112.38.

Walmart 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.