FineMark National Bank & Trust Sells 6,477 Shares of Walmart Inc. $WMT

FineMark National Bank & Trust decreased its holdings in Walmart Inc. (NYSE:WMT) by 3.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 162,703 shares of the retailer’s stock after selling 6,477 shares during the period. FineMark National Bank & Trust’s holdings in Walmart were worth $15,909,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of WMT. Kingstone Capital Partners Texas LLC raised its position in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares in the last quarter. Nuveen LLC bought a new position in Walmart during the 1st quarter worth $2,532,331,000. Goldman Sachs Group Inc. increased its stake in Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after acquiring an additional 7,706,201 shares during the period. Vanguard Group Inc. raised its holdings in Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after acquiring an additional 5,856,468 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after acquiring an additional 5,664,484 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 company’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the transaction, the executive vice president owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 145,383 shares of company stock worth $14,961,647. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of NYSE:WMT opened at $101.47 on Wednesday. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57. 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 company has a market cap of $808.97 billion, a price-to-earnings ratio of 38.14, a PEG ratio of 4.83 and a beta of 0.67. The firm has a 50 day simple moving average of $103.40 and a 200 day simple moving average of $99.80.

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

Wall Street Analyst Weigh In

WMT has been the topic of a number of recent analyst reports. Cowen restated a “buy” rating on shares of Walmart in a research report on Monday, November 10th. UBS Group reissued a “buy” rating on shares of Walmart in a report on Friday. DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday, October 15th. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Finally, Bank of America boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.97.

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.