5,438 Shares in Walmart Inc. $WMT Purchased by Core Capital Management & Research inc.

Core Capital Management & Research inc. bought a new stake in shares of Walmart Inc. (NASDAQ:WMT) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,438 shares of the retailer’s stock, valued at approximately $579,000.

A number of other hedge funds have also recently made changes to their positions in WMT. Entrust Financial LLC purchased a new position in Walmart during the fourth quarter valued at $27,000. Merkkuri Wealth Advisors LLC bought a new position in shares of Walmart during the first quarter valued at $29,000. Montgomery Financial Services LLC purchased a new position in shares of Walmart in the 2nd quarter worth about $32,000. Sankala Group LLC bought a new position in Walmart in the 4th quarter worth about $33,000. Finally, Motiv8 Investments LLC bought a new position in Walmart in the 4th quarter worth about $34,000. 26.76% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the completion of the sale, the executive vice president directly owned 201,672 shares in the company, valued at approximately $21,246,145.20. The trade was a 20.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Daniel J. Bartlett sold 3,950 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $105.14, for a total transaction of $415,303.00. Following the sale, the executive vice president directly owned 622,349 shares of the company’s stock, valued at approximately $65,433,773.86. This represents a 0.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 69,264 shares of company stock valued at $7,401,242 in the last quarter. 0.09% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on WMT shares. Guggenheim set a $130.00 price objective on shares of Walmart and gave the company a “buy” rating in a research note on Friday, August 21st. Telsey Advisory Group reiterated an “outperform” rating and set a $130.00 price target (down from $140.00) on shares of Walmart in a report on Friday, August 21st. Sanford C. Bernstein restated an “outperform” rating on shares of Walmart in a report on Friday, August 21st. BTIG Research lowered their price objective on Walmart from $145.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday, August 21st. Finally, DA Davidson set a $132.00 target price on Walmart and gave the company a “buy” rating in a research note on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.88.

Walmart Stock Performance

Shares of WMT opened at $105.83 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a one year low of $98.88 and a one year high of $135.15. The firm has a market capitalization of $839.63 billion, a P/E ratio of 38.21, a PEG ratio of 4.05 and a beta of 0.59. The business has a fifty day moving average of $110.45 and a 200 day moving average of $119.08.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.Walmart’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.87 EPS for the current year.

About Walmart

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.