Demars Financial Group LLC Sells 304,290 Shares of Walmart Inc. $WMT

Demars Financial Group LLC trimmed its position in Walmart Inc. (NYSE:WMT) by 98.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 3,871 shares of the retailer’s stock after selling 304,290 shares during the quarter. Demars Financial Group LLC’s holdings in Walmart were worth $379,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Canvas Wealth Advisors LLC increased its holdings in shares of Walmart by 18.6% in the second quarter. Canvas Wealth Advisors LLC now owns 21,001 shares of the retailer’s stock worth $2,050,000 after purchasing an additional 3,292 shares during the last quarter. Princeton Global Asset Management LLC increased its holdings in shares of Walmart by 38.2% in the second quarter. Princeton Global Asset Management LLC now owns 1,259 shares of the retailer’s stock worth $123,000 after purchasing an additional 348 shares during the last quarter. Schnieders Capital Management LLC grew its position in Walmart by 1.2% in the second quarter. Schnieders Capital Management LLC now owns 91,341 shares of the retailer’s stock worth $8,931,000 after acquiring an additional 1,048 shares in the last quarter. Crewe Advisors LLC grew its position in Walmart by 1.5% in the second quarter. Crewe Advisors LLC now owns 7,980 shares of the retailer’s stock worth $780,000 after acquiring an additional 115 shares in the last quarter. Finally, Lyell Wealth Management LP grew its position in Walmart by 14.1% in the second quarter. Lyell Wealth Management LP now owns 118,633 shares of the retailer’s stock worth $11,600,000 after acquiring an additional 14,620 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Up 1.3%

Shares of NYSE:WMT opened at $107.80 on Monday. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The business has a 50 day simple moving average of $101.69 and a two-hundred day simple moving average of $98.00. The firm has a market capitalization of $859.50 billion, a PE ratio of 40.53, a price-to-earnings-growth ratio of 5.08 and a beta of 0.67. 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 announced 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 net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter last year, the firm earned $0.67 EPS. The firm’s quarterly 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. On average, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the business’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 transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the sale, the executive vice president directly owned 906,064 shares of the company’s stock, valued at $93,995,079.36. This represents a 1.43% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 147,038 shares of company stock valued at $14,869,054. 0.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

WMT has been the subject of several recent research reports. BTIG Research initiated coverage on Walmart in a research report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price target for the company. Wolfe Research initiated coverage on Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. Guggenheim reiterated a “buy” rating and issued a $115.00 price target (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Finally, Evercore ISI reiterated an “outperform” rating and issued a $110.00 price target (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $112.63.

Walmart Company 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.