Walmart Inc. $WMT Shares Sold by Griffin Asset Management Inc.

Griffin Asset Management Inc. lowered its stake in Walmart Inc. (NYSE:WMT) by 1.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 151,360 shares of the retailer’s stock after selling 2,193 shares during the quarter. Walmart comprises about 1.7% of Griffin Asset Management Inc.’s holdings, making the stock its 12th largest position. Griffin Asset Management Inc.’s holdings in Walmart were worth $14,800,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Operose Advisors LLC grew its holdings in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC grew its stake in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares in the last quarter. Ridgewood Investments LLC grew its stake in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares in the last quarter. Bear Mountain Capital Inc. grew its stake in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after acquiring an additional 167 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Walmart by 432.4% during the first 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 in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Up 0.2%

NYSE:WMT opened at $102.04 on Tuesday. Walmart Inc. has a 12-month low of $79.76 and a 12-month high of $106.11. The firm has a market capitalization of $813.51 billion, a P/E ratio of 38.36, a P/E/G ratio of 4.80 and a beta of 0.67. 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 business has a 50 day simple moving average of $101.27 and a 200 day simple moving average of $97.46.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the firm earned $0.67 EPS. The company’s revenue for the quarter 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 research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. The trade was a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. The trade was a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 149,488 shares of company stock valued at $14,917,151. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on WMT shares. Mizuho restated an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Guggenheim reissued a “buy” rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. JPMorgan Chase & Co. decreased their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Finally, Tigress Financial raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

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.