Pingora Partners LLC Decreases Holdings in Walmart Inc. $WMT

Pingora Partners LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 55.6% in the first quarter, Holdings Channel.com reports. The firm owned 300 shares of the retailer’s stock after selling 375 shares during the period. Pingora Partners LLC’s holdings in Walmart were worth $26,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Nuveen LLC bought a new position in shares of Walmart in the first quarter valued at approximately $2,532,331,000. GAMMA Investing LLC boosted its position in shares of Walmart by 9,896.9% in the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer’s stock valued at $697,029,000 after acquiring an additional 7,860,306 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after acquiring an additional 7,706,201 shares during the period. Wellington Management Group LLP boosted its position in shares of Walmart by 527.1% in the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after acquiring an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board boosted its position in shares of Walmart by 28,684.8% in 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 acquiring an additional 4,214,661 shares during the period. Institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Tigress Financial raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday. KeyCorp raised their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Monday, June 9th. Guggenheim reaffirmed a “buy” rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $110.76.

Insider Activity

In related news, EVP John D. Rainey sold 2,200 shares of Walmart 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 transaction, the executive vice president directly owned 626,118 shares of the company’s stock, valued at $61,547,399.40. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Friday, June 20th. The stock was sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the completion of the transaction, the executive vice president directly owned 945,434 shares in the company, valued at approximately $90,619,848.90. The trade was a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 121,382 shares of company stock valued at $11,718,441 in the last three months. Corporate insiders own 0.10% of the company’s stock.

Walmart Trading Down 0.5%

WMT stock opened at $100.45 on Friday. The company has a market capitalization of $800.85 billion, a PE ratio of 37.76, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. Walmart Inc. has a one year low of $76.30 and a one year high of $105.30. The company’s 50 day moving average price is $98.29 and its two-hundred day moving average price is $95.24. 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 issued 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the previous year, the firm earned $0.67 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. 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 predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart 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.