Banco Santander S.A. Sells 21,244 Shares of Walmart Inc. $WMT

Banco Santander S.A. reduced its stake in shares of Walmart Inc. (NYSE:WMT) by 3.1% in the second quarter, HoldingsChannel.com reports. The firm owned 655,769 shares of the retailer’s stock after selling 21,244 shares during the period. Walmart comprises about 0.6% of Banco Santander S.A.’s investment portfolio, making the stock its 26th largest holding. Banco Santander S.A.’s holdings in Walmart were worth $64,121,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WMT. Operose Advisors LLC boosted its stake in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC lifted its stake in Walmart by 267.8% in the second 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. Bear Mountain Capital Inc. lifted its stake in Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC lifted its position in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on WMT. Mizuho restated an “outperform” rating and set a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Piper Sandler reissued an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Bank of America upped their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Finally, Evercore ISI reiterated an “outperform” rating and set a $111.00 target price (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.07.

Walmart Stock Performance

Shares of WMT opened at $106.22 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57. The company has a 50-day simple moving average of $102.17 and a two-hundred day simple moving average of $98.79. The firm has a market capitalization of $846.91 billion, a PE ratio of 39.93, a price-to-earnings-growth ratio of 5.00 and a beta of 0.67.

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

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the completion of the transaction, the executive vice president owned 919,189 shares of the company’s stock, valued at approximately $90,586,075.95. This trade represents a 1.41% 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 link. Also, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 151,038 shares of company stock worth $15,525,280 over the last three months. Company insiders own 0.10% of the company’s stock.

About Walmart

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.