Walmart Inc. $WMT Shares Sold by Birinyi Associates Inc.

Birinyi Associates Inc. cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,300 shares of the retailer’s stock after selling 600 shares during the period. Walmart makes up about 0.8% of Birinyi Associates Inc.’s portfolio, making the stock its 24th largest holding. Birinyi Associates Inc.’s holdings in Walmart were worth $2,865,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of WMT. Bedel Financial Consulting Inc. raised its position in shares of 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 buying an additional 102 shares during the period. Scott & Selber Inc. increased its holdings in Walmart by 3.7% in 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 increased its holdings in Walmart by 1.4% in 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 increased its holdings in Walmart by 1.8% in the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock valued at $517,000 after purchasing an additional 106 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its holdings in Walmart by 1.4% in the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock valued at $685,000 after purchasing an additional 106 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the transaction, the chief executive officer owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total transaction of $403,840.00. Following the transaction, the executive vice president owned 1,052,455 shares of the company’s stock, 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. In the last three months, insiders have sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WMT has been the subject of several research reports. Evercore ISI reiterated an “outperform” rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Truist Financial dropped their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Bank of America lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Finally, Oppenheimer lifted their target price on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Thirty 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, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

Walmart Stock Performance

Shares of WMT stock opened at $102.90 on Thursday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average price of $101.08 and a 200 day moving average price of $96.96. The company has a market cap of $820.41 billion, a P/E ratio of 38.68, a PEG ratio of 4.86 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.37 and a 12 month high of $106.11.

Walmart (NYSE:WMT) last issued 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). The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter 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. Sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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.