Spectrum Asset Management Inc. NB CA Sells 1,443 Shares of Walmart Inc. $WMT

Spectrum Asset Management Inc. NB CA reduced its stake in shares of Walmart Inc. (NYSE:WMT) by 2.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,032 shares of the retailer’s stock after selling 1,443 shares during the quarter. Walmart comprises about 2.1% of Spectrum Asset Management Inc. NB CA’s portfolio, making the stock its 17th biggest position. Spectrum Asset Management Inc. NB CA’s holdings in Walmart were worth $4,892,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of the business. Proffitt & Goodson Inc. lifted its holdings in Walmart by 2.0% in the second quarter. Proffitt & Goodson Inc. now owns 10,524 shares of the retailer’s stock valued at $1,029,000 after buying an additional 210 shares during the period. REAP Financial Group LLC lifted its position in Walmart by 70.8% in the 2nd quarter. REAP Financial Group LLC now owns 2,796 shares of the retailer’s stock valued at $273,000 after acquiring an additional 1,159 shares in the last quarter. Sax Wealth Advisors LLC lifted its position in Walmart by 7.2% in the 2nd quarter. Sax Wealth Advisors LLC now owns 10,416 shares of the retailer’s stock valued at $1,019,000 after acquiring an additional 702 shares in the last quarter. Venturi Wealth Management LLC increased its stake in Walmart by 0.3% in the 2nd quarter. Venturi Wealth Management LLC now owns 228,984 shares of the retailer’s stock valued at $22,390,000 after buying an additional 701 shares during the last quarter. Finally, Wheelhouse Advisory Group LLC increased its stake in Walmart by 4.4% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 5,156 shares of the retailer’s stock valued at $504,000 after buying an additional 216 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of WMT stock opened at $102.90 on Thursday. The company has a market capitalization of $820.41 billion, a price-to-earnings ratio of 38.68, a PEG ratio of 4.86 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. The company has a 50-day simple moving average of $101.08 and a 200 day simple moving average of $96.96. Walmart Inc. has a 52 week low of $79.37 and a 52 week high of $106.11.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. The Goldman Sachs Group lifted 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. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Finally, Bank of America boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $112.38.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $451,396,778.96. The trade was a 0.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the sale, the executive vice president directly owned 645,968 shares of the company’s stock, valued at $66,993,341.28. This represents a 0.25% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 151,232 shares of company stock worth $15,083,877. Company insiders own 0.10% of the company’s stock.

Walmart Profile

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.