Hourglass Capital LLC Has $7.44 Million Stock Holdings in Walmart Inc. $WMT

Hourglass Capital LLC lessened its stake in Walmart Inc. (NYSE:WMT) by 1.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 76,093 shares of the retailer’s stock after selling 1,350 shares during the quarter. Walmart accounts for about 1.8% of Hourglass Capital LLC’s holdings, making the stock its 15th biggest position. Hourglass Capital LLC’s holdings in Walmart were worth $7,440,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in WMT. Kingstone Capital Partners Texas LLC increased its stake in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the period. Nuveen LLC acquired a new stake in shares of Walmart in the 1st quarter valued at $2,532,331,000. Goldman Sachs Group Inc. boosted its holdings in Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP increased its position in Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after buying an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board raised its holdings in Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after buying an additional 4,214,661 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WMT. Royal Bank Of Canada reiterated an “outperform” rating and set a $106.00 price target on shares of Walmart in a research note on Friday, August 22nd. Wolfe Research started coverage on Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price for the company. Oppenheimer increased their price target on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Guggenheim restated a “buy” rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.63.

Insider Activity

In related news, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction 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 completion of the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. This represents a 1.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction 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 transaction, the executive vice president owned 919,189 shares of the company’s stock, valued at approximately $90,586,075.95. The trade was a 1.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 136,363 shares of company stock worth $13,668,438. Corporate insiders own 0.10% of the company’s stock.

Walmart Stock Down 2.5%

Walmart stock opened at $106.30 on Friday. The firm has a market cap of $847.51 billion, a price-to-earnings ratio of 39.96, a P/E/G ratio of 5.14 and a beta of 0.67. 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 fifty-two week low of $79.81 and a fifty-two week high of $109.58. The firm has a fifty day moving average price of $101.61 and a two-hundred day moving average price of $97.73.

Walmart (NYSE:WMT) last released its 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 company had revenue of $169.34 billion for the quarter, compared to analyst estimates 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 quarter in the previous year, the company earned $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. As a group, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

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.