Permanent Capital Management LP Invests $1.10 Million in Walmart Inc. $WMT

Permanent Capital Management LP acquired a new stake in Walmart Inc. (NASDAQ:WMT) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,700 shares of the retailer’s stock, valued at approximately $1,103,000.

Several other institutional investors and hedge funds have also recently modified their holdings of WMT. Brighton Jones LLC lifted its position in shares of Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares during the period. Peterson Wealth Management lifted its holdings in Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after buying an additional 1,715 shares in the last quarter. Betterment LLC boosted its position in Walmart by 8.8% in the 1st quarter. Betterment LLC now owns 6,985 shares of the retailer’s stock valued at $613,000 after buying an additional 567 shares during the period. Finally, Ameriflex Group Inc. grew its stake in shares of Walmart by 14.6% in the first quarter. Ameriflex Group Inc. now owns 6,942 shares of the retailer’s stock worth $609,000 after acquiring an additional 887 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ WMT opened at $112.53 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $117.45. The firm has a market capitalization of $896.88 billion, a PE ratio of 39.35, a price-to-earnings-growth ratio of 5.16 and a beta of 0.64. The stock’s 50-day simple moving average is $108.24 and its 200-day simple moving average is $102.74.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. The company had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm’s revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity

In related news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $111.23, for a total value of $244,706.00. Following the completion of the sale, the executive vice president directly owned 617,318 shares of the company’s stock, valued at $68,664,281.14. The trade was a 0.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,425 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $117.00, for a total transaction of $166,725.00. Following the completion of the transaction, the executive vice president owned 641,363 shares of the company’s stock, valued at $75,039,471. This represents a 0.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 127,828 shares of company stock worth $13,912,991 over the last three months. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on WMT. Wolfe Research started coverage on Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective on the stock. JPMorgan Chase & Co. increased their price target on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. BMO Capital Markets lifted their price objective on Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Cowen reissued a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Finally, UBS Group set a $130.00 target price on shares of Walmart in a report on Wednesday, December 3rd. Thirty-two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average target price of $120.69.

Walmart 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.