Lmcg Investments LLC Sells 4,014 Shares of Walmart Inc. $WMT

Lmcg Investments LLC lessened its position in Walmart Inc. (NYSE:WMT) by 3.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 108,337 shares of the retailer’s stock after selling 4,014 shares during the period. Lmcg Investments LLC’s holdings in Walmart were worth $10,593,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after purchasing an additional 485 shares during the last quarter. Mainstream Capital Management LLC boosted its position in Walmart by 13.6% in the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after purchasing an additional 1,474 shares during the last quarter. GAMMA Investing LLC boosted its position in Walmart by 13.9% in the first quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock worth $7,940,000 after purchasing an additional 11,018 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC boosted its position in Walmart by 13.7% in the first quarter. NorthCrest Asset Manangement LLC now owns 13,461 shares of the retailer’s stock worth $1,182,000 after purchasing an additional 1,622 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred 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 sale, the executive vice president owned 621,718 shares in the company, valued at approximately $62,998,684.94. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 151,232 shares of company stock worth $15,083,877. Insiders own 0.10% of the company’s stock.

Walmart Trading Up 0.1%

Shares of WMT stock opened at $101.86 on Friday. The stock has a market capitalization of $812.10 billion, a PE ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.37 and a 1-year high of $106.11. The business has a 50-day moving average of $101.22 and a 200 day moving average of $97.26. 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 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). The company had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.67 earnings per share. 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, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on WMT shares. Tigress Financial upped their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. JPMorgan Chase & Co. decreased their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Wolfe Research initiated coverage on Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price on the stock. Evercore ISI restated an “outperform” rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Finally, The Goldman Sachs Group increased their price objective on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average target price of $112.38.

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.