Lecap Asset Management Ltd. Buys Shares of 2,566 Walmart Inc. $WMT

Lecap Asset Management Ltd. bought a new stake in shares of Walmart Inc. (NYSE:WMT) in the second quarter, Holdings Channel reports. The fund bought 2,566 shares of the retailer’s stock, valued at approximately $251,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Operose Advisors LLC increased its stake in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC increased its position in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares in the last quarter. Ridgewood Investments LLC increased its position in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares in the last quarter. Bear Mountain Capital Inc. increased its position in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after acquiring an additional 167 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its position in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after acquiring an additional 294 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of several analyst reports. Mizuho reissued an “outperform” rating and set a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. Guggenheim reissued a “buy” rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research report on Saturday, September 27th. KeyCorp lifted their target price on shares of Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and an average target price of $112.38.

Walmart Stock Performance

WMT opened at $102.15 on Friday. The firm has a market cap of $814.46 billion, a P/E ratio of 38.40, a PEG ratio of 4.79 and a beta of 0.67. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The company has a 50 day simple moving average of $100.77 and a two-hundred day simple moving average of $96.61. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

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). The company had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business 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. Equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president owned 621,718 shares in the company, valued at $62,998,684.94. The trade was a 0.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the sale, the executive vice president owned 645,968 shares in the company, valued at approximately $66,993,341.28. The trade was a 0.25% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is owned by corporate insiders.

About Walmart

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.