Permanent Capital Management LP Purchases New Shares in Walmart Inc. $WMT

Permanent Capital Management LP purchased a new position in shares of Walmart Inc. (NASDAQ:WMT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,700 shares of the retailer’s stock, valued at approximately $1,103,000.

A number of other institutional investors also recently bought and sold shares of WMT. CWM LLC lifted its holdings in shares of Walmart by 24.2% during the 3rd quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock worth $121,168,000 after acquiring an additional 229,220 shares during the period. Neuberger Berman Group LLC increased its position in Walmart by 0.8% during the second quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock worth $497,771,000 after purchasing an additional 42,645 shares during the last quarter. Aviva PLC increased its position in Walmart by 16.4% during the second quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after purchasing an additional 539,504 shares during the last quarter. Weatherly Asset Management L. P. raised its stake in Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after purchasing an additional 3,696 shares during the period. Finally, Willis Johnson & Associates Inc. boosted its holdings in shares of Walmart by 76.6% in the 2nd quarter. Willis Johnson & Associates Inc. now owns 42,626 shares of the retailer’s stock valued at $4,168,000 after purchasing an additional 18,485 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $111.23, for a total transaction of $244,706.00. Following the transaction, the executive vice president directly owned 617,318 shares in the company, valued at $68,664,281.14. This trade represents a 0.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Friday, December 19th. The stock was sold at an average price of $115.21, for a total transaction of $460,840.00. Following the completion of the transaction, the executive vice president directly owned 1,031,455 shares of the company’s stock, valued at approximately $118,833,930.55. This represents a 0.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 127,828 shares of company stock valued at $13,912,991 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Walmart Stock Performance

Shares of NASDAQ:WMT opened at $112.53 on Tuesday. The business’s 50-day simple moving average is $108.24 and its 200 day simple moving average is $102.74. The company has a market cap of $896.88 billion, a P/E ratio of 39.35, a PEG ratio of 5.16 and a beta of 0.64. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. Walmart Inc. has a one year low of $79.81 and a one year high of $117.45.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on WMT. Evercore ISI set a $120.00 price objective on Walmart and gave the stock an “outperform” rating in a report on Tuesday, December 16th. JPMorgan Chase & Co. upped their price target on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Wells Fargo & Company restated an “overweight” rating and issued a $130.00 price objective (up from $120.00) on shares of Walmart in a report on Friday, December 19th. Sanford C. Bernstein reiterated an “outperform” rating and set a $122.00 target price (up previously from $118.00) on shares of Walmart in a report on Friday, November 21st. Finally, Guggenheim reissued a “buy” rating and set a $120.00 target price (up previously from $115.00) on shares of Walmart in a research report on Friday, November 21st. Thirty-two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $120.69.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.