Washington Trust Bank Has $1.03 Million Stake in Walmart Inc. $WMT

Washington Trust Bank lessened its position in Walmart Inc. (NYSE:WMT) by 16.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,526 shares of the retailer’s stock after selling 2,039 shares during the quarter. Washington Trust Bank’s holdings in Walmart were worth $1,029,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Walmart by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after buying an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC raised its holdings in 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 worth $10,496,702,000 after acquiring an additional 104,488,610 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in 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 purchasing an additional 7,706,201 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Walmart by 1.3% in the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after purchasing an additional 387,424 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Walmart by 2.9% during the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after purchasing an additional 823,020 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Price Performance

Shares of NYSE WMT opened at $101.47 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 stock has a market cap of $809.01 billion, a price-to-earnings ratio of 38.15, a PEG ratio of 4.83 and a beta of 0.67. The firm’s 50-day simple moving average is $102.80 and its 200 day simple moving average is $99.34. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57.

Walmart (NYSE:WMT) last announced its earnings results 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 firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the prior year, the company earned $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. As a group, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the transaction, the executive vice president owned 1,044,455 shares in the company, valued at $112,540,026.25. This represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.18, for a total transaction of $222,596.00. Following the completion of the transaction, the executive vice president owned 619,518 shares in the company, valued at approximately $62,682,831.24. The trade was a 0.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 151,038 shares of company stock valued at $15,531,616 in the last ninety days. 0.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on WMT shares. UBS Group reissued a “buy” rating and issued a $122.00 target price (up from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. DA Davidson set a $117.00 target price on shares of Walmart in a report on Wednesday, October 15th. Guggenheim reiterated a “buy” rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. The Goldman Sachs Group raised their target price on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Finally, Evercore ISI restated an “outperform” rating and issued a $111.00 target price (up previously from $110.00) on shares of Walmart in a research report on Tuesday, October 21st. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Walmart has an average rating of “Moderate Buy” and an average price target of $113.40.

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.