Carroll Investors Inc Sells 16,125 Shares of Walmart Inc. $WMT

Carroll Investors Inc lessened its holdings in Walmart Inc. (NYSE:WMT) by 85.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 2,654 shares of the retailer’s stock after selling 16,125 shares during the quarter. Walmart comprises 0.1% of Carroll Investors Inc’s investment portfolio, making the stock its 25th biggest position. Carroll Investors Inc’s holdings in Walmart were worth $258,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WMT. Capital Advisors Wealth Management LLC increased its stake in Walmart by 3.9% in the 2nd quarter. Capital Advisors Wealth Management LLC now owns 8,100 shares of the retailer’s stock worth $792,000 after acquiring an additional 306 shares during the last quarter. Amundi boosted its position in shares of Walmart by 23.5% during the 2nd quarter. Amundi now owns 19,493,644 shares of the retailer’s stock valued at $1,902,775,000 after acquiring an additional 3,710,506 shares during the last quarter. SCS Capital Management LLC grew its holdings in shares of Walmart by 293.5% during the second quarter. SCS Capital Management LLC now owns 210,366 shares of the retailer’s stock worth $20,570,000 after purchasing an additional 156,899 shares in the last quarter. Portland Global Advisors LLC purchased a new position in shares of Walmart during the second quarter worth about $204,000. Finally, Royal Fund Management LLC increased its position in shares of Walmart by 22.1% in the second quarter. Royal Fund Management LLC now owns 88,588 shares of the retailer’s stock worth $8,665,000 after purchasing an additional 16,018 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on WMT. UBS Group set a $130.00 target price on shares of Walmart in a research report on Wednesday. Oppenheimer raised their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Bank of America upped their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. DA Davidson set a $130.00 target price on Walmart and gave the company a “buy” rating in a research note on Friday, November 21st. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $123.00 price target (up previously from $111.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $119.00.

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The sale 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 Walmart stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the transaction, the executive vice president directly owned 892,940 shares in the company, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 158,013 shares of company stock worth $16,657,847 over the last quarter. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

WMT stock opened at $114.85 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The firm has a market cap of $915.68 billion, a P/E ratio of 40.16, a P/E/G ratio of 5.29 and a beta of 0.64. The firm’s fifty day moving average is $104.82 and its 200 day moving average is $100.71. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $114.89.

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

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.