Signet Investment Advisory Group Inc. Sells 11,978 Shares of Walmart Inc. $WMT

Signet Investment Advisory Group Inc. reduced its holdings in Walmart Inc. (NYSE:WMT) by 15.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 67,610 shares of the retailer’s stock after selling 11,978 shares during the quarter. Walmart comprises 3.4% of Signet Investment Advisory Group Inc.’s portfolio, making the stock its 6th biggest holding. Signet Investment Advisory Group Inc.’s holdings in Walmart were worth $6,611,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Operose Advisors LLC grew its position in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC grew its position in Walmart by 267.8% during the second 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. grew its position in Walmart by 98.2% during the first 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 grew its position in Walmart by 432.4% during the first 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 grew its position in Walmart by 55.3% during the second 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. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Down 1.6%

Shares of WMT opened at $104.49 on Tuesday. The stock has a market cap of $833.08 billion, a price-to-earnings ratio of 39.28, a P/E/G ratio of 5.00 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 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. The company has a 50-day moving average price of $102.24 and a two-hundred day moving average price of $98.89.

Walmart (NYSE:WMT) last announced its quarterly earnings results 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 return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the business earned $0.67 EPS. The firm’s revenue for the quarter 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. Equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. BTIG Research assumed coverage on Walmart in a research report on Tuesday, October 14th. They set a “buy” rating and a $120.00 target price on the stock. Oppenheimer lifted their target price on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Piper Sandler reissued an “overweight” rating and set a $111.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Finally, Evercore ISI reissued an “outperform” rating and set a $111.00 target price (up from $110.00) on shares of Walmart in a research report on Tuesday, October 21st. Thirty-one investment 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 stock presently has a consensus rating of “Moderate Buy” and an average price target of $113.07.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the sale, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares in the company, valued at $96,241,073.20. The trade was a 1.45% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 151,038 shares of company stock worth $15,525,280. 0.10% of the stock is currently owned by insiders.

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.