Safe Harbor Fiduciary LLC Cuts Position in Walmart Inc. $WMT

Safe Harbor Fiduciary LLC decreased its position in shares of Walmart Inc. (NYSE:WMT) by 14.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,124 shares of the retailer’s stock after selling 1,214 shares during the period. Safe Harbor Fiduciary LLC’s holdings in Walmart were worth $697,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Atlas Legacy Advisors LLC lifted its position in Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Walmart by 1.1% during 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 in the last quarter. RoundAngle Advisors LLC lifted its holdings in shares of Walmart by 0.4% in the 2nd 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. PCG Wealth Advisors LLC grew its holdings in shares of Walmart by 3.6% during the 2nd quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock valued at $296,000 after purchasing an additional 105 shares during the last quarter. Finally, Cvfg LLC raised its position in Walmart by 1.6% in the 2nd quarter. Cvfg LLC now owns 6,684 shares of the retailer’s stock worth $654,000 after purchasing an additional 107 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP David Chojnowski sold 7,000 shares of Walmart stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the transaction, the senior vice president directly owned 136,289 shares of the company’s stock, valued at approximately $14,535,221.85. This trade represents a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 138,597 shares of company stock valued at $14,499,943 in the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on WMT shares. JPMorgan Chase & Co. raised their price objective on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. KeyCorp reissued an “overweight” rating and set a $120.00 price objective (up previously from $110.00) on shares of Walmart in a research note on Friday, November 21st. Wolfe Research began coverage on shares of Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price on the stock. Cowen reiterated a “buy” rating on shares of Walmart in a report on Monday, November 10th. Finally, Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $118.55.

Walmart Price Performance

Shares of NYSE WMT opened at $109.21 on Thursday. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.59. The stock has a market capitalization of $870.70 billion, a P/E ratio of 41.06, a P/E/G ratio of 4.83 and a beta of 0.67. The company’s 50-day moving average is $103.70 and its 200 day moving average is $100.09. 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 posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the previous year, the firm posted $0.58 EPS. The business’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.