Walmart Inc. $WMT Stock Position Lowered by PAX Financial Group LLC

PAX Financial Group LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 21.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,519 shares of the retailer’s stock after selling 1,760 shares during the period. PAX Financial Group LLC’s holdings in Walmart were worth $637,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of WMT. Cannon Advisors Inc. acquired a new position in Walmart during the second quarter valued at $341,000. Western Wealth Management LLC grew its stake in Walmart by 7.8% during the 2nd quarter. Western Wealth Management LLC now owns 67,652 shares of the retailer’s stock valued at $6,615,000 after acquiring an additional 4,878 shares in the last quarter. Bell Investment Advisors Inc increased its holdings in shares of Walmart by 11.1% in the 2nd quarter. Bell Investment Advisors Inc now owns 1,579 shares of the retailer’s stock valued at $154,000 after purchasing an additional 158 shares during the period. Financial Gravity Companies Inc. purchased a new stake in shares of Walmart in the second quarter worth approximately $3,384,000. Finally, Summitry LLC boosted its holdings in shares of Walmart by 13.8% during the second quarter. Summitry LLC now owns 6,467 shares of the retailer’s stock worth $632,000 after purchasing an additional 782 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

NYSE:WMT opened at $102.43 on Monday. The firm has a market capitalization of $816.68 billion, a PE ratio of 38.51, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. 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 firm’s fifty day simple moving average is $103.40 and its 200 day simple moving average is $99.74.

Walmart (NYSE:WMT) last released its quarterly earnings results 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 firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter last 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. On average, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on WMT. Truist Financial dropped their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Tigress Financial increased their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. BTIG Research began coverage on Walmart in a research note on Tuesday, October 14th. They issued a “buy” rating and a $120.00 target price on the stock. Finally, UBS Group reaffirmed a “buy” rating on shares of Walmart in a research report on Friday. Thirty-two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $113.50.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s 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 completion of the transaction, the chief executive officer owned 4,354,162 shares of the company’s stock, valued at approximately $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the sale, the executive vice president directly owned 1,044,455 shares in the company, valued at approximately $112,540,026.25. This trade represents a 0.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 149,383 shares of company stock valued at $15,365,487 in the last 90 days. 0.10% of the stock is currently owned by corporate 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.