Keybank National Association OH Sells 12,183 Shares of Walmart Inc. $WMT

Keybank National Association OH lowered its position in Walmart Inc. (NYSE:WMT) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 910,624 shares of the retailer’s stock after selling 12,183 shares during the quarter. Keybank National Association OH’s holdings in Walmart were worth $89,041,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WMT. Operose Advisors LLC grew its position in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after buying an additional 243 shares in the last quarter. PFS Partners LLC lifted its stake in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares during the period. Bear Mountain Capital Inc. lifted its stake in Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after acquiring an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its holdings in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC increased its position in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Price Performance

NYSE WMT opened at $102.38 on Thursday. The firm’s fifty day simple moving average is $102.28 and its two-hundred day simple moving average is $99.05. The firm has a market capitalization of $816.27 billion, a P/E ratio of 38.49, a P/E/G ratio of 4.86 and a beta of 0.67. 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 issued 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). 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 in the prior year, the company posted $0.67 EPS. The business’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. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on WMT. The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Piper Sandler restated an “overweight” rating and set a $111.00 target price on shares of Walmart in a report on Wednesday, September 24th. Guggenheim reiterated a “buy” rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the transaction, the chief executive officer owned 4,354,162 shares in the company, valued at $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 151,038 shares of company stock valued at $15,525,280. 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.