Cushing Capital Partners LLC Decreases Stake in Walmart Inc. $WMT

by · The Cerbat Gem

Cushing Capital Partners LLC reduced its position in Walmart Inc. (NYSE:WMT – Free Report) by 1.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,664 shares of the retailer’s stock after selling 164 shares during the period. Walmart makes up about 1.1% of Cushing Capital Partners LLC’s holdings, making the stock its 27th biggest holding. Cushing Capital Partners LLC’s holdings in Walmart were worth $1,336,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Weatherly Asset Management L. P. boosted its position in Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after buying an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its stake in shares of 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 purchasing an additional 9,831 shares in the last quarter. Ally Financial Inc. acquired a new stake in shares of Walmart in the 1st quarter valued at about $2,107,000. Night Squared LP acquired a new stake in shares of Walmart in the 1st quarter valued at about $1,052,000. Finally, Monument Capital Management raised its stake in shares of 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 purchasing an additional 26,685 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Trading Up 1.7%

Shares of NYSE:WMT opened at $109.05 on Thursday. The stock has a market capitalization of $869.45 billion, a price-to-earnings ratio of 41.00, a PEG ratio of 5.05 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.56. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a 50 day moving average price of $101.55 and a 200 day moving average price of $97.61.

Walmart (NYSE:WMT – Get Free Report) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS 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 firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter last year, the company posted $0.67 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Tigress Financial increased their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Telsey Advisory Group reiterated an “outperform” rating and set a $118.00 price objective on shares of Walmart in a research note on Wednesday, September 24th. BTIG Research began coverage on shares of Walmart in a research note on Tuesday. They set a “buy” rating and a $120.00 price objective on the stock. Finally, Mizuho restated an “outperform” rating and issued a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $112.63.

Read Our Latest Analysis on Walmart

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the transaction, the executive vice president owned 919,189 shares in the company, valued at $90,586,075.95. This trade represents a 1.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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 completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 136,363 shares of company stock valued at $13,668,438. Insiders own 0.10% of the company’s stock.

Walmart Profile

(Free Report)

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.

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