Palogic Value Management L.P. Takes Position in Walmart Inc. $WMT

Palogic Value Management L.P. purchased a new position in Walmart Inc. (NASDAQ:WMT) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 5,000 shares of the retailer’s stock, valued at approximately $566,000.

A number of other large investors also recently modified their holdings of the business. Entrust Financial LLC bought a new position in Walmart during the fourth quarter worth $27,000. Merkkuri Wealth Advisors LLC bought a new stake in Walmart in the 1st quarter valued at $29,000. Montgomery Financial Services LLC bought a new stake in Walmart in the 2nd quarter valued at $32,000. Sankala Group LLC acquired a new stake in Walmart in the 4th quarter worth $33,000. Finally, Motiv8 Investments LLC acquired a new stake in Walmart in the 4th quarter worth $34,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Down 0.2%

NASDAQ WMT opened at $105.83 on Thursday. Walmart Inc. has a 1-year low of $98.88 and a 1-year high of $135.15. The company has a market capitalization of $839.63 billion, a price-to-earnings ratio of 38.21, a PEG ratio of 4.05 and a beta of 0.59. The stock’s 50 day moving average is $110.45 and its two-hundred day moving average is $119.08. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The business had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.Walmart’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Equities analysts forecast that Walmart Inc. will post 2.87 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on WMT. Wolfe Research reaffirmed an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research report on Friday, August 21st. Robert W. Baird lowered their price target on Walmart from $140.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, August 21st. Tigress Financial reaffirmed a “buy” rating and issued a $155.00 price target on shares of Walmart in a report on Monday, August 31st. Telsey Advisory Group restated an “outperform” rating and set a $130.00 price objective (down from $140.00) on shares of Walmart in a research report on Friday, August 21st. Finally, BTIG Research cut their target price on Walmart from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $131.88.

Insider Transactions at Walmart

In related news, EVP Christopher Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $106.34, for a total transaction of $308,386.00. Following the completion of the sale, the executive vice president owned 569,153 shares in the company, valued at $60,523,730.02. This trade represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of Walmart stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the transaction, the executive vice president directly owned 201,672 shares of the company’s stock, valued at $21,246,145.20. This represents a 20.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 69,264 shares of company stock valued at $7,401,242. 0.09% of the stock is owned by insiders.

Walmart Company Profile

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.