Polymer Capital Management HK LTD Takes $1.10 Million Position in Walmart Inc. $WMT

Polymer Capital Management HK LTD acquired a new stake in Walmart Inc. (NASDAQ:WMT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 9,879 shares of the retailer’s stock, valued at approximately $1,101,000.

A number of other institutional investors have also modified their holdings of WMT. Brighton Jones LLC grew its stake in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC grew 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 purchasing an additional 485 shares in the last quarter. Peterson Wealth Management grew its stake 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 purchasing an additional 1,715 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after purchasing an additional 116 shares in the last quarter. Finally, Schnieders Capital Management LLC. grew its stake in Walmart by 1.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after purchasing an additional 1,048 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on WMT shares. Bank of America started coverage on Walmart in a research note on Friday, February 27th. They set a “buy” rating and a $150.00 target price for the company. UBS Group set a $141.00 target price on Walmart and gave the stock a “buy” rating in a research note on Friday, May 22nd. Telsey Advisory Group boosted their target price on Walmart from $135.00 to $140.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. DA Davidson set a $150.00 target price on Walmart and gave the stock a “buy” rating in a research note on Friday, February 20th. Finally, KeyCorp reissued an “overweight” rating on shares of Walmart in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Insider Activity at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president directly owned 120,203 shares of the company’s stock, valued at $14,300,550.91. The trade was a 8.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the sale, the director directly owned 4,174,579 shares of the company’s stock, valued at $495,230,306.77. This trade represents a 0.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 128,986 shares of company stock worth $15,927,908 over the last three months. Company insiders own 0.09% of the company’s stock.

Walmart Stock Up 0.4%

Shares of NASDAQ WMT opened at $121.04 on Friday. The company has a market capitalization of $963.25 billion, a price-to-earnings ratio of 42.47, a price-to-earnings-growth ratio of 4.50 and a beta of 0.59. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The business has a 50-day moving average of $125.28 and a two-hundred day moving average of $121.66. Walmart Inc. has a 1 year low of $93.62 and a 1 year high of $135.15.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. The company had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.Walmart’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

About Walmart

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.