Te Ahumairangi Investment Management Ltd Decreases Stock Position in Walmart Inc. $WMT

by · The Cerbat Gem

Te Ahumairangi Investment Management Ltd decreased its stake in shares of Walmart Inc. (NYSE:WMT – Free Report) by 34.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,895 shares of the retailer’s stock after selling 22,450 shares during the quarter. Te Ahumairangi Investment Management Ltd’s holdings in Walmart were worth $4,096,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of WMT. Access Investment Management LLC purchased a new stake in shares of Walmart during the second quarter worth approximately $26,000. Operose Advisors LLC grew its holdings in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after acquiring an additional 243 shares in the last quarter. PFS Partners LLC increased its position in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC lifted its position in shares of Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity

In other Walmart news, EVP Daniel J. Bartlett sold 1,630 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $102.58, for a total transaction of $167,205.40. Following the transaction, the executive vice president directly owned 642,788 shares of the company’s stock, valued at approximately $65,937,193.04. This trade represents a 0.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the completion of the transaction, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 151,013 shares of company stock worth $15,616,747 over the last 90 days. 0.10% of the stock is owned by corporate insiders.

Walmart Trading Up 2.8%

NYSE:WMT opened at $106.97 on Wednesday. The stock’s 50 day moving average price is $103.60 and its 200 day moving average price is $100.03. The company has a market capitalization of $852.84 billion, a PE ratio of 40.21, a P/E/G ratio of 4.83 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57.

Walmart (NYSE:WMT – Get Free Report) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Oppenheimer increased their target price on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Telsey Advisory Group upped their price objective on Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Royal Bank Of Canada reissued an “outperform” rating and set a $116.00 target price on shares of Walmart in a research report on Friday, November 21st. BMO Capital Markets upped their price target on Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Finally, JPMorgan Chase & Co. increased their price target on shares of Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $118.55.

Get Our Latest Stock Analysis on Walmart

Walmart Profile

(Free Report)

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.

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