Hexagon Capital Partners LLC Cuts Holdings in Walmart Inc. $WMT

Hexagon Capital Partners LLC reduced its stake in Walmart Inc. (NASDAQ:WMT) by 2.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,153,623 shares of the retailer’s stock after selling 48,092 shares during the period. Walmart accounts for about 34.3% of Hexagon Capital Partners LLC’s investment portfolio, making the stock its biggest holding. Hexagon Capital Partners LLC’s holdings in Walmart were worth $243,919,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Entrust Financial LLC acquired a new position in Walmart during the 4th quarter valued at approximately $27,000. Merkkuri Wealth Advisors LLC bought a new position in Walmart during the 1st quarter worth $29,000. Bay Harbor Wealth Management LLC increased its position in Walmart by 57.4% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after buying an additional 105 shares during the period. Sankala Group LLC acquired a new stake in Walmart in the fourth quarter worth $33,000. Finally, Motiv8 Investments LLC bought a new stake in Walmart in the fourth quarter valued at $34,000. 26.76% of the stock is owned by institutional investors.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, beating consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart earnings report
• Positive Sentiment: Growth businesses remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These trends support the long-term investment case despite slower core-store growth. Walmart second-quarter highlights
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to help lower prices, potentially strengthening its value proposition as consumers become more budget-conscious. The rollout of tap-to-pay, including Apple Pay and Google Pay, may also improve checkout convenience. Walmart tap to pay rollout
• Neutral Sentiment: Several analysts retained bullish ratings—including buy, outperform, and overweight—but lowered price targets after the earnings release. New targets range from $120 to $140, indicating analysts still see meaningful upside but have moderated their expectations.
• Negative Sentiment: U.S. comparable sales grew 2.6%, below expectations near 3.5%, marking Walmart’s weakest domestic comparable-sales growth in more than six years. Analysts cited weakness in health and wellness and questioned the trajectory of the core U.S. business.
• Negative Sentiment: Third-quarter guidance fell short of consensus: Walmart projected adjusted EPS of $0.62–$0.64 versus $0.68 expected and revenue of $183.1–$184.5 billion versus $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points.
• Negative Sentiment: The stock’s elevated valuation increases sensitivity to any slowdown, while higher energy costs and consumer trade-offs are raising broader concerns about the health of U.S. retail spending.

Wall Street Analyst Weigh In

A number of research firms have issued reports on WMT. JPMorgan Chase & Co. reduced their target price on shares of Walmart from $137.00 to $125.00 and set an “overweight” rating for the company in a research note on Friday. BTIG Research cut their price target on Walmart from $145.00 to $140.00 and set a “buy” rating on the stock in a report on Friday. Guggenheim set a $130.00 price objective on Walmart and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings lowered Walmart from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, July 31st. Finally, Evercore set a $125.00 target price on Walmart in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $131.88.

Walmart Price Performance

Shares of Walmart stock opened at $103.70 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The company’s 50-day moving average price is $113.35 and its two-hundred day moving average price is $121.26. Walmart Inc. has a 52 week low of $95.42 and a 52 week high of $135.15. The stock has a market cap of $825.25 billion, a PE ratio of 37.44, a price-to-earnings-growth ratio of 3.94 and a beta of 0.61.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. During the same period in the prior year, the company earned $0.68 EPS. Walmart’s revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.85 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In related news, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $106.34, for a total transaction of $308,386.00. Following the completion of the sale, the executive vice president directly owned 569,153 shares of the company’s stock, valued at $60,523,730.02. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the transaction, the director owned 4,174,579 shares in the company, valued at approximately $495,230,306.77. This trade represents a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 57,064 shares of company stock valued at $6,697,788. Corporate insiders own 0.09% of the company’s stock.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.