Y Intercept Hong Kong Ltd Decreases Stake in Walmart Inc. $WMT

Y Intercept Hong Kong Ltd decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 98.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,122 shares of the retailer’s stock after selling 113,095 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Walmart were worth $207,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Kingstone Capital Partners Texas LLC raised 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 acquiring an additional 104,488,610 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Walmart in the first quarter valued at approximately $2,532,331,000. Goldman Sachs Group Inc. lifted its position in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after buying an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP lifted its position in Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after buying an additional 5,664,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board boosted its stake in Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock worth $371,295,000 after buying an additional 4,214,661 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WMT has been the topic of several analyst reports. The Goldman Sachs Group lifted their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. UBS Group restated a “buy” rating and set a $122.00 price objective (up from $110.00) on shares of Walmart in a research report on Thursday, October 23rd. Piper Sandler reaffirmed an “overweight” rating and set a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Bank of America increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Finally, Truist Financial reduced their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $113.40.

Walmart Price Performance

Walmart stock opened at $102.60 on Friday. The company’s 50 day simple moving average is $103.02 and its 200-day simple moving average is $99.46. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The company has a market capitalization of $818.01 billion, a price-to-earnings ratio of 38.57, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

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

Insider Transactions at Walmart

In related news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the sale, the executive vice president directly owned 919,189 shares in the company, valued at approximately $90,586,075.95. The trade was a 1.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 151,038 shares of company stock valued at $15,531,616. Insiders own 0.10% of the company’s stock.

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.