Cumberland Partners Ltd Sells 22,233 Shares of Walmart Inc. $WMT

Cumberland Partners Ltd lowered its holdings in Walmart Inc. (NASDAQ:WMT) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 599,541 shares of the retailer’s stock after selling 22,233 shares during the quarter. Walmart comprises about 4.1% of Cumberland Partners Ltd’s investment portfolio, making the stock its 3rd largest position. Cumberland Partners Ltd’s holdings in Walmart were worth $66,795,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Collier Financial acquired a new position in Walmart in the third quarter worth $25,000. Entrust Financial LLC bought a new stake in shares of Walmart during the fourth quarter worth $27,000. Your Advocates Ltd. LLP bought a new stake in shares of Walmart during the third quarter worth $28,000. Redmont Wealth Advisors LLC bought a new stake in shares of Walmart during the third quarter worth $30,000. Finally, Beacon Financial Strategies CORP bought a new stake in shares of Walmart during the fourth quarter worth $30,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 20,000 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $127.79, for a total value of $2,555,800.00. Following the completion of the sale, the executive vice president owned 486,764 shares in the company, valued at approximately $62,203,571.56. This represents a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,250 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $133.77, for a total value of $167,212.50. Following the completion of the transaction, the executive vice president directly owned 635,593 shares of the company’s stock, valued at approximately $85,023,275.61. The trade was a 0.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 126,008 shares of company stock valued at $15,896,715 in the last ninety days. 0.10% of the stock is currently owned by insiders.

Walmart Trading Down 0.9%

NASDAQ WMT opened at $120.27 on Friday. The stock has a 50-day simple moving average of $126.77 and a 200 day simple moving average of $120.03. The company has a market capitalization of $958.67 billion, a PE ratio of 42.20, a P/E/G ratio of 4.49 and a beta of 0.65. The company has a current ratio of 0.77, a quick ratio of 0.24 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12 month low of $93.43 and a 12 month high of $135.15.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. The business had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts forecast that Walmart Inc. will post 2.89 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft set a $120.00 target price on Walmart in a research report on Friday, February 20th. Oppenheimer restated an “outperform” rating and set a $140.00 target price (up from $125.00) on shares of Walmart in a research report on Monday, February 9th. Argus upgraded Walmart to a “strong-buy” rating in a research report on Wednesday, February 18th. Guggenheim boosted their target price on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Walmart in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $138.71.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart posted solid first-quarter results, with revenue of $177.8 billion and EPS of $0.66, while e-commerce sales rose 26% and advertising revenue jumped 37%, highlighting continued strength in digital and membership-driven businesses.
• Positive Sentiment: Several analysts remained constructive after earnings: Bank of America reiterated a Buy rating and said Walmart is well positioned to gain share in a price-sensitive environment, while BTIG and BNP Paribas Exane also kept positive ratings despite modestly trimming price targets.
• Neutral Sentiment: Walmart disclosed pre-arranged insider sales by CEO John Furner and EVP Christopher James Nicholas, but both transactions were made under 10b5-1 plans, which typically limits how much investors read into them.
• Neutral Sentiment: News reports also noted leadership changes, including the departure of Sam’s Club COO Tom Ward and U.S. stores EVP Cedric Clark, adding some uncertainty but not appearing to change the company’s near-term operating outlook.
• Negative Sentiment: Shares weakened after Walmart issued second-quarter EPS guidance below consensus and reaffirmed full-year targets that also came in below Wall Street expectations, prompting concerns that margin pressure could continue.
• Negative Sentiment: Management said elevated fuel prices are pressuring both consumers and Walmart’s own costs, reinforcing worries that spending could soften and profitability could stay under pressure in the coming quarters.

Walmart Company Profile

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.