Walmart Inc. $WMT Stake Lessened by Cooper Financial Group

Cooper Financial Group cut its stake in Walmart Inc. (NYSE:WMT) by 19.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,747 shares of the retailer’s stock after selling 9,301 shares during the period. Cooper Financial Group’s holdings in Walmart were worth $3,789,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Powers Advisory Group LLC boosted its holdings in shares of Walmart by 0.3% in the second quarter. Powers Advisory Group LLC now owns 32,628 shares of the retailer’s stock valued at $3,190,000 after acquiring an additional 111 shares in the last quarter. Bourgeon Capital Management LLC boosted its holdings in shares of Walmart by 12.8% in the second quarter. Bourgeon Capital Management LLC now owns 2,833 shares of the retailer’s stock valued at $277,000 after acquiring an additional 321 shares in the last quarter. BCU Wealth Advisors LLC boosted its holdings in shares of Walmart by 19.5% in the second quarter. BCU Wealth Advisors LLC now owns 2,969 shares of the retailer’s stock valued at $290,000 after acquiring an additional 485 shares in the last quarter. First United Bank & Trust boosted its holdings in Walmart by 11.7% during the second quarter. First United Bank & Trust now owns 10,045 shares of the retailer’s stock worth $982,000 after buying an additional 1,053 shares in the last quarter. Finally, Elwood & Goetz Wealth Advisory Group LLC bought a new stake in Walmart during the second quarter worth approximately $408,000. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares in the company, valued at $451,396,778.96. This represents a 0.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the 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 completion of the sale, the executive vice president owned 1,048,455 shares of the company’s stock, 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. Over the last quarter, insiders have sold 149,032 shares of company stock worth $14,860,951. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research reports. JPMorgan Chase & Co. reduced their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. The Goldman Sachs Group raised their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. KeyCorp raised their target price on shares of Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Monday, June 9th. Mizuho restated an “outperform” rating and set a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Finally, Oppenheimer raised their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Twenty-nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $112.38.

Walmart Stock Down 1.1%

Shares of NYSE:WMT opened at $101.97 on Thursday. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. 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 market cap of $812.99 billion, a PE ratio of 38.33, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67. The firm has a 50 day simple moving average of $100.58 and a 200 day simple moving average of $96.40.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the previous year, the company earned $0.67 EPS. The firm’s quarterly 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. As a group, research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.