Tevis Investment Management Lowers Stock Position in Walmart Inc. $WMT

Tevis Investment Management lowered its position in Walmart Inc. (NYSE:WMT) by 22.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,939 shares of the retailer’s stock after selling 3,439 shares during the period. Tevis Investment Management’s holdings in Walmart were worth $1,167,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Operose Advisors LLC grew its position in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the period. PFS Partners LLC boosted its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the period. Bear Mountain Capital Inc. boosted its position in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after purchasing an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its position in Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares during the period. Finally, Ridgewood Investments LLC boosted its position in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Down 1.6%

Shares of Walmart stock opened at $104.49 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company’s fifty day simple moving average is $102.24 and its two-hundred day simple moving average is $98.89. The company has a market cap of $833.08 billion, a P/E ratio of 39.28, a PEG ratio of 5.00 and a beta of 0.67. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57.

Walmart (NYSE:WMT) last issued 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). 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 firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research reports. Guggenheim reiterated a “buy” rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Oppenheimer lifted their target price on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Wolfe Research started coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price for the company. Telsey Advisory Group reiterated an “outperform” rating and set a $118.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Finally, BTIG Research initiated coverage on shares of Walmart in a report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price objective for the company. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $113.07.

Insider Activity

In other news, EVP Daniel J. Bartlett sold 1,550 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total transaction of $166,563.00. Following the sale, the executive vice president owned 644,418 shares in the company, valued at approximately $69,249,158.28. The trade was a 0.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated 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 directly owned 4,354,162 shares in the company, valued at $466,679,083.16. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 151,038 shares of company stock worth $15,525,280. 0.10% of the stock is currently owned by corporate insiders.

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.