FourThought Financial Partners LLC Sells 662 Shares of Walmart Inc. $WMT

FourThought Financial Partners LLC lowered its stake in shares of Walmart Inc. (NYSE:WMT) by 1.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,007 shares of the retailer’s stock after selling 662 shares during the period. FourThought Financial Partners LLC’s holdings in Walmart were worth $5,574,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Access Investment Management LLC bought a new stake in shares of Walmart in the second quarter valued at $26,000. Operose Advisors LLC grew its stake 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 acquiring an additional 243 shares during the period. PFS Partners LLC increased its holdings in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares during the last quarter. Ridgewood Investments LLC raised its stake in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd raised its stake in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after acquiring an additional 294 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Down 1.4%

WMT opened at $103.85 on Tuesday. The firm has a market capitalization of $827.98 billion, a P/E ratio of 39.04, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57. The company has a fifty day moving average price of $103.53 and a 200-day moving average price of $99.96. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the subject of several recent research reports. Truist Financial lifted their target price on shares of Walmart from $109.00 to $119.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. UBS Group reiterated a “buy” rating on shares of Walmart in a research note on Friday, November 14th. Wells Fargo & Company set a $120.00 target price on Walmart and gave the stock an “overweight” rating in a research report on Friday. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $125.00 price target (up from $115.00) on shares of Walmart in a research report on Friday. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $118.55.

Insider Transactions at Walmart

In related news, EVP Daniel J. Bartlett sold 1,630 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $102.58, for a total value of $167,205.40. Following the sale, the executive vice president directly owned 642,788 shares of the company’s stock, valued at $65,937,193.04. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on 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 sale, the chief executive officer owned 4,354,162 shares of the company’s stock, valued at approximately $466,679,083.16. The trade was a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 151,013 shares of company stock worth $15,616,747. 0.10% of the stock is owned by insiders.

Walmart 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.