SCS Capital Management LLC Has $20.57 Million Position in Walmart Inc. $WMT

SCS Capital Management LLC lifted its stake in Walmart Inc. (NYSE:WMT) by 293.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 210,366 shares of the retailer’s stock after acquiring an additional 156,899 shares during the quarter. SCS Capital Management LLC’s holdings in Walmart were worth $20,570,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Neuberger Berman Group LLC increased its position in Walmart by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock worth $497,771,000 after purchasing an additional 42,645 shares during the period. Aviva PLC boosted its stake in shares of Walmart by 16.4% in the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock valued at $374,861,000 after purchasing an additional 539,504 shares during the last quarter. Weatherly Asset Management L. P. grew its position in shares of Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after buying an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management grew its position in shares of Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after buying an additional 9,831 shares during the period. Finally, Ally Financial Inc. bought a new stake in shares of Walmart during the first quarter worth approximately $2,107,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $111.23, for a total transaction of $244,706.00. Following the completion of the transaction, the executive vice president owned 617,318 shares in the company, valued at approximately $68,664,281.14. This represents a 0.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $104.75, for a total value of $1,374,843.75. Following the transaction, the executive vice president directly owned 879,815 shares of the company’s stock, valued at $92,160,621.25. This represents a 1.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 158,013 shares of company stock valued at $16,657,847 over the last quarter. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WMT. The Goldman Sachs Group raised their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Telsey Advisory Group raised their price target on Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Guggenheim reiterated a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of Walmart in a report on Friday, November 21st. Wolfe Research initiated coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price on the stock. Finally, Oppenheimer upped their price target on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $119.00.

Walmart Trading Up 0.4%

NYSE WMT opened at $114.85 on Friday. Walmart Inc. has a one year low of $79.81 and a one year high of $114.89. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The firm has a market cap of $915.68 billion, a P/E ratio of 40.16, a P/E/G ratio of 5.29 and a beta of 0.64. The stock’s 50-day moving average is $104.82 and its 200-day moving average is $100.71.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion during 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%.Walmart’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Company 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.