Walmart Inc. $WMT Holdings Cut by RNC Capital Management LLC

RNC Capital Management LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 14.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,002 shares of the retailer’s stock after selling 854 shares during the period. RNC Capital Management LLC’s holdings in Walmart were worth $489,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in WMT. Kingstone Capital Partners Texas LLC raised its holdings in shares of Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Nuveen LLC bought a new stake in shares of Walmart during the first quarter valued at approximately $2,532,331,000. Goldman Sachs Group Inc. raised its holdings in shares of Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after buying an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after buying an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board raised its holdings in shares of Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after buying an additional 4,214,661 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction 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. The trade was a 1.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total transaction of $214,214.00. Following the transaction, the executive vice president 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. In the last 90 days, insiders sold 131,622 shares of company stock worth $13,444,273. 0.10% of the stock is owned by corporate insiders.

Walmart Trading Up 0.8%

Walmart stock opened at $107.05 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a market cap of $853.47 billion, a price-to-earnings ratio of 40.24, a price-to-earnings-growth ratio of 5.00 and a beta of 0.67. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The firm’s 50 day moving average price is $101.92 and its two-hundred day moving average price is $98.28.

Walmart (NYSE:WMT) last posted its quarterly 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). The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $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. On average, research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on WMT. Evercore ISI reaffirmed an “outperform” rating and set a $111.00 price target (up previously from $110.00) on shares of Walmart in a report on Tuesday. Oppenheimer boosted their target price on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Mizuho reissued an “outperform” rating and set a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Finally, Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $112.67.

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.