Banco de Sabadell S.A Acquires Shares of 14,123 Walmart Inc. $WMT

Banco de Sabadell S.A bought a new stake in shares of Walmart Inc. (NYSE:WMT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,123 shares of the retailer’s stock, valued at approximately $1,379,000.

Other hedge funds also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC increased its holdings 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. Norges Bank bought a new stake in shares of Walmart during the 2nd quarter worth approximately $5,367,770,000. Nuveen LLC acquired a new stake in shares of Walmart during the 1st quarter worth approximately $2,532,331,000. Laurel Wealth Advisors LLC increased its stake in Walmart by 9,648.7% in the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock valued at $1,123,138,000 after acquiring an additional 11,368,549 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Walmart by 1.4% in the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after acquiring an additional 5,856,468 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the transaction, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 158,013 shares of company stock worth $16,657,847. 0.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

WMT has been the subject of several recent analyst reports. Morgan Stanley restated an “overweight” rating and set a $125.00 target price (up from $115.00) on shares of Walmart in a research note on Friday, November 21st. Oppenheimer boosted their price target on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Piper Sandler restated an “overweight” rating and set a $123.00 price objective (up from $111.00) on shares of Walmart in a research report on Friday, November 21st. Truist Financial lifted their target price on Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Finally, UBS Group set a $130.00 target price on Walmart in a research note on Wednesday. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $119.00.

Walmart Price Performance

Walmart stock opened at $115.22 on Friday. The stock has a 50-day moving average price of $105.07 and a two-hundred day moving average price of $100.85. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $116.27. The company has a market capitalization of $918.32 billion, a PE ratio of 40.29, a P/E/G ratio of 5.32 and a beta of 0.64. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.02. The company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts expect that Walmart Inc. will post 2.55 EPS for the current 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.