Walmart Inc. $WMT Shares Sold by Richard W. Paul & Associates LLC

Richard W. Paul & Associates LLC reduced its holdings in shares of Walmart Inc. (NYSE:WMT) by 17.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,299 shares of the retailer’s stock after selling 1,720 shares during the period. Richard W. Paul & Associates LLC’s holdings in Walmart were worth $811,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of WMT. Atlas Legacy Advisors LLC raised its position in shares of Walmart by 1.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares during the last quarter. Bedel Financial Consulting Inc. increased its position in Walmart by 0.4% during the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after buying an additional 102 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after acquiring an additional 103 shares during the last quarter. RoundAngle Advisors LLC raised its holdings in shares of Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after acquiring an additional 105 shares during the last quarter. Finally, PCG Wealth Advisors LLC lifted its position in shares of Walmart by 3.6% in the second quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock valued at $296,000 after acquiring an additional 105 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on WMT shares. Oppenheimer lifted their price objective on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a research note on Friday. Piper Sandler reiterated an “overweight” rating and set a $123.00 price target (up from $111.00) on shares of Walmart in a report on Friday. UBS Group reissued a “buy” rating on shares of Walmart in a research report on Friday, November 14th. Finally, Truist Financial upped their price objective on shares of Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $118.55.

Walmart Trading Down 1.7%

NYSE WMT opened at $105.29 on Friday. The company has a market cap of $839.46 billion, a P/E ratio of 39.58, a P/E/G ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company has a 50-day moving average of $103.52 and a 200-day moving average of $99.89.

Walmart (NYSE:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same period last year, the company earned $0.58 earnings per share. The company’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the sale, the executive vice president directly owned 892,940 shares of the company’s stock, valued at $96,241,073.20. The trade was a 1.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the transaction, the executive vice president directly owned 621,718 shares in the company, valued at $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 137,888 shares of company stock worth $14,241,903 over the last 90 days. Company insiders own 0.10% of the company’s stock.

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.