Nwam LLC Cuts Stock Holdings in Walmart Inc. $WMT

Nwam LLC trimmed its holdings in Walmart Inc. (NYSE:WMT) by 7.3% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 20,835 shares of the retailer’s stock after selling 1,647 shares during the quarter. Nwam LLC’s holdings in Walmart were worth $2,033,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Blackston Financial Advisory Group LLC raised its position in shares of Walmart by 6.8% during the 2nd quarter. Blackston Financial Advisory Group LLC now owns 16,139 shares of the retailer’s stock valued at $1,578,000 after purchasing an additional 1,023 shares during the period. 49 Wealth Management LLC increased its position in shares of Walmart by 20.0% during the 2nd quarter. 49 Wealth Management LLC now owns 20,392 shares of the retailer’s stock valued at $1,994,000 after purchasing an additional 3,404 shares during the last quarter. Midland Wealth Advisors LLC raised its stake in shares of Walmart by 7.6% in the second quarter. Midland Wealth Advisors LLC now owns 34,536 shares of the retailer’s stock valued at $3,377,000 after acquiring an additional 2,444 shares during the period. Ibex Wealth Advisors purchased a new stake in Walmart in the 2nd quarter worth about $4,977,000. Finally, Vise Technologies Inc. bought a new stake in shares of Walmart during the 2nd quarter worth approximately $22,562,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Trading Up 1.0%

Shares of NYSE:WMT opened at $103.43 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. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The stock has a market cap of $824.63 billion, a price-to-earnings ratio of 38.88, a PEG ratio of 4.83 and a beta of 0.67. The business has a 50-day moving average price of $103.25 and a 200-day moving average price of $99.60.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the company posted $0.67 EPS. Walmart’s quarterly revenue was up 4.8% compared to the same quarter last year. 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 year.

Analyst Ratings Changes

A number of analysts recently issued reports on WMT shares. Truist Financial lowered their price target on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. DA Davidson set a $117.00 price target on Walmart in a research note on Wednesday, October 15th. Finally, Oppenheimer increased their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Thirty-two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $113.43.

Insider Transactions at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $107.75, for a total transaction of $431,000.00. Following the sale, the executive vice president directly owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This trade represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 value of $222,596.00. Following the completion of the transaction, the executive vice president directly owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. This trade represents a 0.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 151,038 shares of company stock valued at $15,531,616. 0.10% of the stock is owned by corporate insiders.

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.