Riverbridge Partners LLC Cuts Stake in Walmart Inc. $WMT

Riverbridge Partners LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 0.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 34,204 shares of the retailer’s stock after selling 282 shares during the quarter. Riverbridge Partners LLC’s holdings in Walmart were worth $3,344,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Bedel Financial Consulting Inc. grew its position in Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock valued at $2,275,000 after purchasing an additional 102 shares during the last quarter. Scott & Selber Inc. grew its position in Walmart by 3.7% during the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock valued at $256,000 after purchasing an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC grew its position in Walmart by 1.4% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock valued at $684,000 after purchasing an additional 105 shares during the last quarter. Lauterbach Financial Advisors LLC lifted its stake in Walmart by 1.8% during the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock valued at $517,000 after acquiring an additional 106 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC grew its stake in shares of Walmart by 1.4% in the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock worth $685,000 after acquiring an additional 106 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Price Performance

Shares of NYSE:WMT opened at $102.71 on Thursday. The firm’s 50 day moving average price is $99.84 and its 200-day moving average price is $95.81. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $818.88 billion, a PE ratio of 38.61, a price-to-earnings-growth ratio of 4.83 and a beta of 0.65.

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

Insider Activity at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the sale, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on 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 position. The disclosure for this sale can be found here. Insiders have sold 131,816 shares of company stock worth $13,073,594 in the last 90 days. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on WMT shares. KeyCorp increased their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Monday, June 9th. Tigress Financial increased their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Wolfe Research started coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective on the stock. The Goldman Sachs Group increased their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Finally, Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $112.38.

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.