Cullen Investment Group LTD. Grows Position in Walmart Inc. $WMT

Cullen Investment Group LTD. raised its position in Walmart Inc. (NYSE:WMT) by 0.7% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 327,474 shares of the retailer’s stock after acquiring an additional 2,304 shares during the period. Walmart comprises 4.5% of Cullen Investment Group LTD.’s portfolio, making the stock its 4th biggest position. Cullen Investment Group LTD.’s holdings in Walmart were worth $32,020,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Night Squared LP bought a new stake in Walmart in the 1st quarter valued at approximately $1,052,000. Gerber Kawasaki Wealth & Investment Management lifted its stake in Walmart by 34.6% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after acquiring an additional 9,831 shares in the last quarter. Monument Capital Management lifted its stake in Walmart by 94.2% in the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock valued at $4,829,000 after acquiring an additional 26,685 shares in the last quarter. Ally Financial Inc. bought a new stake in Walmart in the 1st quarter valued at approximately $2,107,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Walmart by 11.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock worth $698,787,000 after purchasing an additional 838,689 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 0.8%

WMT stock opened at $103.48 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $825.03 billion, a PE ratio of 38.90, a PEG ratio of 4.93 and a beta of 0.65. Walmart Inc. has a 1-year low of $77.49 and a 1-year high of $105.30. The business’s 50 day simple moving average is $98.71 and its 200 day simple moving average is $95.41.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 earnings per share. 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, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Insider Transactions at Walmart

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. The Goldman Sachs Group upped their price objective on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Tigress Financial upped their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Finally, DA Davidson reiterated a “buy” rating and set a $117.00 price objective on shares of Walmart in a research note on Friday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $110.76.

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.