Highview Capital Management LLC DE Sells 10,353 Shares of Walmart Inc. $WMT

Highview Capital Management LLC DE lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 27.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 27,574 shares of the retailer’s stock after selling 10,353 shares during the quarter. Walmart accounts for about 1.0% of Highview Capital Management LLC DE’s portfolio, making the stock its 26th largest position. Highview Capital Management LLC DE’s holdings in Walmart were worth $2,696,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Access Investment Management LLC bought a new stake in shares of Walmart during the second quarter worth $26,000. Operose Advisors LLC increased its stake in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the period. 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 worth $31,000 after acquiring an additional 233 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its stake in Walmart by 432.4% in 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 during the period. Finally, Ridgewood Investments LLC grew its holdings in Walmart by 55.3% during the 2nd 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. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Performance

WMT opened at $101.47 on Wednesday. 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 firm has a 50 day moving average of $103.40 and a two-hundred day moving average of $99.80. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57. The firm has a market capitalization of $808.97 billion, a PE ratio of 38.14, a P/E/G ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 earnings per share. 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 year.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the sale, the chief executive officer directly owned 4,373,576 shares in the company, valued at $451,396,778.96. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the transaction, the executive vice president owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 145,383 shares of company stock worth $14,961,647. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday, October 15th. Wolfe Research started coverage on Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Royal Bank Of Canada set a $116.00 target price on shares of Walmart and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Wells Fargo & Company boosted their price objective on shares of Walmart from $108.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 12th. Finally, Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and a consensus target price of $113.97.

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.