Three Bridge Wealth Advisors LLC Reduces Stock Position in Walmart Inc. $WMT

Three Bridge Wealth Advisors LLC trimmed its holdings in shares of Walmart Inc. (NYSE:WMT) by 41.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 4,761 shares of the retailer’s stock after selling 3,321 shares during the quarter. Three Bridge Wealth Advisors LLC’s holdings in Walmart were worth $466,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC increased its position in shares of Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Nuveen LLC purchased a new position in Walmart during the first quarter worth $2,532,331,000. Goldman Sachs Group Inc. increased its position in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after acquiring an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP increased its position in Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after acquiring an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board raised its stake in shares of Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after acquiring an additional 4,214,661 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.6%

NYSE:WMT opened at $102.70 on Tuesday. The firm has a 50-day simple moving average of $100.88 and a 200-day simple moving average of $96.87. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11. The firm has a market cap of $818.81 billion, a P/E ratio of 38.61, a P/E/G ratio of 4.81 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last released its quarterly earnings data 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). The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior 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 anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on WMT. Piper Sandler reaffirmed an “overweight” rating and set a $111.00 price target on shares of Walmart in a research note on Wednesday, September 24th. The Goldman Sachs Group boosted their target price on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. KeyCorp upped their target price on Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, June 9th. Bank of America raised their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Saturday, September 27th. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Walmart has an average rating of “Moderate Buy” and an average price target of $112.38.

Insider Buying and Selling

In other news, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction on 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 completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the sale, the executive vice president directly owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. The trade was a 0.38% 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 valued at $15,083,877. 0.10% of the stock is owned by 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.