Denali Advisors LLC Reduces Stock Position in Walmart Inc. $WMT

Denali Advisors LLC reduced its holdings in Walmart Inc. (NYSE:WMT) by 0.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 104,710 shares of the retailer’s stock after selling 733 shares during the period. Walmart comprises approximately 1.1% of Denali Advisors LLC’s portfolio, making the stock its 12th biggest holding. Denali Advisors LLC’s holdings in Walmart were worth $10,239,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Cookson Peirce & Co. Inc. boosted its stake in shares of Walmart by 6.5% during the 2nd quarter. Cookson Peirce & Co. Inc. now owns 4,481 shares of the retailer’s stock worth $438,000 after purchasing an additional 273 shares during the period. Brookstone Capital Management lifted its holdings in Walmart by 6.3% during the 2nd quarter. Brookstone Capital Management now owns 264,912 shares of the retailer’s stock valued at $25,903,000 after buying an additional 15,718 shares in the last quarter. Phillips Financial Management LLC lifted its holdings in Walmart by 1.6% during the 2nd quarter. Phillips Financial Management LLC now owns 7,478 shares of the retailer’s stock valued at $731,000 after buying an additional 118 shares in the last quarter. Jacobsen Capital Management lifted its holdings in Walmart by 13.7% during the 2nd quarter. Jacobsen Capital Management now owns 9,615 shares of the retailer’s stock valued at $940,000 after buying an additional 1,159 shares in the last quarter. Finally, Retirement Planning Group LLC lifted its holdings in Walmart by 4.6% during the 2nd quarter. Retirement Planning Group LLC now owns 33,535 shares of the retailer’s stock valued at $3,279,000 after buying an additional 1,472 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Trading Down 0.7%

NYSE WMT opened at $106.30 on Wednesday. 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 firm has a market cap of $847.51 billion, a PE ratio of 39.96, a price-to-earnings-growth ratio of 5.04 and a beta of 0.67. The company has a 50 day moving average price of $101.80 and a 200 day moving average price of $98.22. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last 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, sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Evercore ISI reiterated an “outperform” rating and set a $111.00 price objective (up previously from $110.00) on shares of Walmart in a report on Tuesday. Bank of America lifted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Piper Sandler reiterated an “overweight” rating and set a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Telsey Advisory Group reiterated an “outperform” rating and set a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Finally, Tigress Financial boosted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.67.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the transaction, the chief executive officer directly owned 4,373,576 shares in the company, valued at $451,396,778.96. The trade was a 0.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total transaction of $222,926.00. Following the completion of the transaction, the executive vice president owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 147,038 shares of company stock worth $14,869,054. Company insiders own 0.10% of the company’s stock.

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.