Atria Wealth Solutions Inc. Cuts Position in Walmart Inc. $WMT

Atria Wealth Solutions Inc. lessened its holdings in Walmart Inc. (NYSE:WMT) by 43.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 152,906 shares of the retailer’s stock after selling 117,238 shares during the period. Atria Wealth Solutions Inc.’s holdings in Walmart were worth $14,960,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insiders Place Their Bets

In related news, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. This represents a 1.65% decrease in their ownership of the stock. 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 company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president owned 1,052,455 shares in the company, valued at $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 149,488 shares of company stock valued at $14,917,151. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on WMT. Evercore ISI reiterated an “outperform” rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Truist Financial cut their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Wolfe Research began coverage on Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Bank of America boosted their price objective 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 reiterated a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

Walmart Trading Up 0.2%

Shares of Walmart stock opened at $102.04 on Tuesday. Walmart Inc. has a 1-year low of $79.76 and a 1-year high of $106.11. The stock has a market cap of $813.51 billion, a P/E ratio of 38.36, a P/E/G ratio of 4.80 and a beta of 0.67. The stock’s 50 day simple moving average is $101.27 and its 200-day simple moving average is $97.46. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

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