Evermay Wealth Management LLC Sells 560 Shares of Walmart Inc. $WMT

Evermay Wealth Management LLC decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 8.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,775 shares of the retailer’s stock after selling 560 shares during the quarter. Evermay Wealth Management LLC’s holdings in Walmart were worth $565,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after acquiring an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its position in shares of Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after buying an additional 387,424 shares in the last quarter. Finally, Invesco Ltd. lifted its position in Walmart by 2.9% in the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after buying an additional 823,020 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the sale, the executive vice president owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the transaction, the executive vice president directly owned 623,918 shares in the company, valued at approximately $60,750,895.66. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 147,038 shares of company stock valued at $14,869,054 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

WMT stock opened at $107.80 on Monday. The stock has a market capitalization of $859.50 billion, a price-to-earnings ratio of 40.53, a PEG ratio of 5.08 and a beta of 0.67. The firm’s 50-day moving average price is $101.69 and its two-hundred day moving average price is $98.00. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. As a group, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on the stock. The Goldman Sachs Group increased their price target 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. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. Guggenheim reissued a “buy” rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Mizuho reaffirmed an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Finally, Oppenheimer lifted their price objective on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average price target of $112.63.

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.