Palogic Value Management L.P. Takes $566,000 Position in Walmart Inc. $WMT

Palogic Value Management L.P. acquired a new position in Walmart Inc. (NASDAQ:WMT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,000 shares of the retailer’s stock, valued at approximately $566,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bell & Brown Wealth Advisors LLC acquired a new stake in shares of Walmart during the second quarter valued at approximately $6,451,000. Advisortrust Partners LLC grew its position in Walmart by 20.2% during the 1st quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock worth $8,344,000 after purchasing an additional 11,283 shares in the last quarter. Union Bancaire Privee UBP SA lifted its holdings in shares of Walmart by 253.3% in the first quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock valued at $47,728,000 after purchasing an additional 275,337 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Walmart by 2.9% in the first quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock valued at $300,333,000 after purchasing an additional 68,632 shares in the last quarter. Finally, Vise Technologies Inc. raised its position in Walmart by 42.1% during the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock valued at $30,676,000 after buying an additional 81,635 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Down 0.2%

WMT stock opened at $105.83 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15. The company has a fifty day simple moving average of $110.45 and a 200 day simple moving average of $119.08. The firm has a market cap of $839.63 billion, a PE ratio of 38.21, a PEG ratio of 4.05 and a beta of 0.59.

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

Analysts Set New Price Targets

WMT has been the topic of several research analyst reports. Tigress Financial reaffirmed a “buy” rating and set a $155.00 target price on shares of Walmart in a research note on Monday, August 31st. Wells Fargo & Company dropped their price objective on shares of Walmart from $140.00 to $120.00 and set an “overweight” rating on the stock in a research note on Friday, August 21st. Robert W. Baird cut their target price on shares of Walmart from $140.00 to $120.00 and set an “outperform” rating for the company in a research report on Friday, August 21st. Roth Capital restated a “buy” rating on shares of Walmart in a research note on Friday, August 21st. Finally, Freedom Capital raised Walmart from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $131.88.

Insider Transactions at Walmart

In other news, EVP Christopher Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $106.34, for a total transaction of $308,386.00. Following the transaction, the executive vice president owned 569,153 shares of the company’s stock, valued at approximately $60,523,730.02. This represents a 0.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Bartlett sold 3,950 shares of the firm’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 value of $415,303.00. Following the completion of the transaction, the executive vice president directly owned 622,349 shares in the company, valued at $65,433,773.86. The trade was a 0.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 69,264 shares of company stock worth $7,401,242. 0.09% of the stock is owned by corporate insiders.

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.