Gamco Investors INC. ET AL Lowers Holdings in Walmart Inc. $WMT

Gamco Investors INC. ET AL decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 3.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 67,240 shares of the retailer’s stock after selling 2,221 shares during the period. Gamco Investors INC. ET AL’s holdings in Walmart were worth $5,903,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Full Sail Capital LLC lifted its holdings in shares of Walmart by 6.6% during the 4th quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer’s stock valued at $786,000 after purchasing an additional 541 shares during the last quarter. Monument Capital Management raised its holdings in shares of Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after purchasing an additional 26,685 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Walmart by 11.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock worth $698,787,000 after buying an additional 838,689 shares during the last quarter. Milestone Asset Management LLC grew its stake in shares of Walmart by 156.7% during the 1st quarter. Milestone Asset Management LLC now owns 54,659 shares of the retailer’s stock worth $4,799,000 after purchasing an additional 33,370 shares during the period. Finally, Alpha Cubed Investments LLC increased its holdings in Walmart by 58.3% in the first quarter. Alpha Cubed Investments LLC now owns 47,583 shares of the retailer’s stock valued at $4,177,000 after buying an additional 17,522 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on WMT. Citigroup restated a “buy” rating on shares of Walmart in a research report on Tuesday, May 6th. Guggenheim restated a “buy” rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. The Goldman Sachs Group lifted their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Wall Street Zen raised Walmart from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. Finally, Truist Financial dropped their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $110.59.

Walmart Stock Up 0.0%

Walmart stock opened at $96.10 on Thursday. The company has a market capitalization of $766.89 billion, a P/E ratio of 36.13, a PEG ratio of 4.62 and a beta of 0.66. Walmart Inc. has a fifty-two week low of $75.67 and a fifty-two week high of $105.30. The stock has a 50-day simple moving average of $98.09 and a 200-day simple moving average of $95.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last announced its earnings results 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 business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter last year, the business posted $0.67 earnings per share. The business’s 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. Equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th will be issued a $0.235 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a dividend yield of 90.0%. Walmart’s payout ratio is presently 35.34%.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president directly owned 932,313 shares in the company, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $98.30, for a total value of $216,260.00. Following the sale, the executive vice president owned 626,118 shares in the company, valued at approximately $61,547,399.40. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 101,966 shares of company stock valued at $9,858,673. 0.10% of the stock is owned by corporate insiders.

Walmart Company 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.