Gables Capital Management Inc. Trims Holdings in Walmart Inc. $WMT

Gables Capital Management Inc. cut its stake in Walmart Inc. (NYSE:WMT) by 2.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,592 shares of the retailer’s stock after selling 1,017 shares during the quarter. Walmart comprises about 1.7% of Gables Capital Management Inc.’s holdings, making the stock its 13th largest position. Gables Capital Management Inc.’s holdings in Walmart were worth $3,676,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the stock. Bedel Financial Consulting Inc. grew its position in shares of Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock valued at $2,275,000 after purchasing an additional 102 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock valued at $961,000 after purchasing an additional 103 shares in the last quarter. Scott & Selber Inc. grew its position in shares of Walmart by 3.7% in the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock valued at $256,000 after purchasing an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC grew its position in shares of Walmart by 1.4% in the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock valued at $684,000 after purchasing an additional 105 shares in the last quarter. Finally, RoundAngle Advisors LLC grew its position in shares of Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after purchasing an additional 105 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $103.74, for a total value of $1,361,587.50. Following the completion of the transaction, the executive vice president owned 906,064 shares of the company’s stock, valued at $93,995,079.36. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 147,038 shares of company stock worth $14,869,054. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

WMT opened at $106.30 on Wednesday. The stock has a 50-day moving average price of $101.80 and a 200-day moving average price of $98.22. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $847.51 billion, a P/E ratio of 39.96, a PEG ratio of 5.04 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. Walmart’s revenue for the quarter was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Piper Sandler reiterated an “overweight” rating and issued a $111.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Guggenheim restated a “buy” rating and set a $115.00 target price (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Oppenheimer boosted their target price on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.67.

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.