Galvin Gaustad & Stein LLC Reduces Stake in Walmart Inc. $WMT

Galvin Gaustad & Stein LLC reduced its position in Walmart Inc. (NYSE:WMT) by 3.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,238 shares of the retailer’s stock after selling 285 shares during the period. Galvin Gaustad & Stein LLC’s holdings in Walmart were worth $708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Operose Advisors LLC boosted its stake in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC raised its holdings in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the period. Bear Mountain Capital Inc. raised its holdings in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after purchasing an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its holdings in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares during the period. Finally, Ridgewood Investments LLC raised its holdings in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on WMT. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an “outperform” rating in a report on Friday, August 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a report on Wednesday. The Goldman Sachs Group raised their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Finally, Bank of America raised their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Thirty research 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 target price of $112.38.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. 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 can be accessed through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president directly owned 621,718 shares in the company, valued at $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is owned by insiders.

Walmart Price Performance

NYSE:WMT opened at $101.86 on Friday. Walmart Inc. has a 52 week low of $79.37 and a 52 week 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 business’s 50-day simple moving average is $101.22 and its two-hundred day simple moving average is $97.18. The stock has a market cap of $812.10 billion, a PE ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $174.02 billion. During the same period last year, the firm posted $0.67 earnings per share. The company’s revenue for the quarter 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, analysts forecast that Walmart Inc. will post 2.55 EPS 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.