Farmers Trust Co. Cuts Stake in Walmart Inc. $WMT

Farmers Trust Co. reduced its holdings in shares of Walmart Inc. (NYSE:WMT) by 25.9% during the second quarter, HoldingsChannel reports. The firm owned 49,665 shares of the retailer’s stock after selling 17,372 shares during the period. Farmers Trust Co.’s holdings in Walmart were worth $4,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after acquiring an additional 485 shares during the period. SWAN Capital LLC lifted its holdings in Walmart by 137.8% in the fourth quarter. SWAN Capital LLC now owns 1,384 shares of the retailer’s stock valued at $125,000 after acquiring an additional 802 shares during the period. Lakeshore Capital Group Inc. bought a new position in Walmart in the fourth quarter valued at about $1,323,000. Finally, Capital A Wealth Management LLC bought a new position in Walmart in the fourth quarter valued at about $185,000. 26.76% of the stock is owned by institutional investors.

Walmart Stock Up 0.4%

Shares of NYSE WMT opened at $102.79 on Tuesday. The stock has a market cap of $819.53 billion, a P/E ratio of 38.64, a PEG ratio of 4.82 and a beta of 0.65. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12-month low of $78.98 and a 12-month high of $106.11. The business’s fifty day simple moving average is $99.54 and its 200-day simple moving average is $95.72.

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

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the sale, 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. Insiders sold 151,232 shares of company stock valued at $14,960,635 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

WMT has been the subject of a number of analyst reports. Bank of America upped their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Truist Financial cut their price target on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. KeyCorp raised their price target on Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, June 9th. Telsey Advisory Group lifted their target price on Walmart from $115.00 to $118.00 and gave the company an “outperform” rating in a research report on Friday, August 22nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 price target on shares of Walmart in a research report on Friday, August 22nd. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $112.62.

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.