TT Capital Management LLC Acquires Shares of 8,853 Walmart Inc. $WMT

TT Capital Management LLC bought a new stake in Walmart Inc. (NASDAQ:WMT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 8,853 shares of the retailer’s stock, valued at approximately $846,000.

A number of other institutional investors have also modified their holdings of the stock. Access Investment Management LLC purchased a new position in Walmart in the 2nd quarter valued at $26,000. PFS Partners LLC lifted its stake in shares of Walmart by 267.8% in the 2nd 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. Ridgewood Investments LLC lifted its stake in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares during the period. Livelsberger Financial Advisory purchased a new stake in shares of Walmart in the second quarter valued at about $44,000. Finally, Harbor Asset Planning Inc. acquired a new position in shares of Walmart during the second quarter worth about $46,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $111.23, for a total transaction of $244,706.00. Following the completion of the sale, the executive vice president directly owned 617,318 shares in the company, 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 filing with the SEC, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the transaction, the executive vice president directly owned 1,040,455 shares in the company, valued at $105,741,441.65. The trade was a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 126,403 shares of company stock worth $13,386,774 over the last three months. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $116.70 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The business’s fifty day moving average price is $106.31 and its two-hundred day moving average price is $101.52. The stock has a market cap of $930.12 billion, a PE ratio of 40.80, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64. Walmart Inc. has a one year low of $79.81 and a one year high of $116.95.

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

Analyst Upgrades and Downgrades

WMT has been the topic of a number of analyst reports. Evercore ISI set a $117.00 price objective on Walmart and gave the company an “outperform” rating in a report on Tuesday, December 9th. Wolfe Research began coverage on shares of Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective on the stock. Wells Fargo & Company set a $120.00 target price on shares of Walmart and gave the company an “overweight” rating in a report on Friday, November 21st. BTIG Research reissued a “buy” rating and set a $125.00 price target (up previously from $120.00) on shares of Walmart in a research note on Friday, November 21st. Finally, Cowen reaffirmed a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $119.31.

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.