Legacy Wealth Management LLC MS Sells 4,322 Shares of Walmart Inc. $WMT

Legacy Wealth Management LLC MS decreased its stake in Walmart Inc. (NASDAQ:WMT) by 6.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,556 shares of the retailer’s stock after selling 4,322 shares during the period. Walmart accounts for about 2.1% of Legacy Wealth Management LLC MS’s holdings, making the stock its 8th biggest holding. Legacy Wealth Management LLC MS’s holdings in Walmart were worth $7,020,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC boosted its holdings in shares of Walmart by 263.9% during the 3rd quarter. Tucker Asset Management LLC now owns 7,408 shares of the retailer’s stock worth $770,000 after buying an additional 5,372 shares in the last quarter. VCI Wealth Management LLC grew its position in shares of Walmart by 2.1% during the 3rd quarter. VCI Wealth Management LLC now owns 32,458 shares of the retailer’s stock worth $3,373,000 after buying an additional 656 shares during the period. Garde Capital Inc. increased its stake in shares of Walmart by 2.7% in the 3rd quarter. Garde Capital Inc. now owns 6,494 shares of the retailer’s stock valued at $675,000 after acquiring an additional 170 shares in the last quarter. Torren Management LLC increased its stake in shares of Walmart by 305.8% in the 3rd quarter. Torren Management LLC now owns 633 shares of the retailer’s stock valued at $66,000 after acquiring an additional 477 shares in the last quarter. Finally, Next Level Wealth Planning LLC acquired a new position in shares of Walmart during the 3rd quarter valued at $165,000. Institutional investors own 26.76% of the company’s stock.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Potential earnings beat: Walmart’s strong history of exceeding analyst estimates, improving sales trends and favorable earnings-per-share expectations could support the stock ahead of its next quarterly report. Why Walmart Is Poised to Beat Earnings Estimates Again
• Positive Sentiment: E-commerce and AI growth: Walmart’s online sales are reportedly gaining market share faster than Amazon’s, while its expanded Sparky AI shopping assistant could increase holiday conversion rates, order frequency and average spending. Stat That Makes Walmart Hard to Ignore Can Walmart’s Expanded Sparky AI Boost Holiday Shopping and Sales?
• Positive Sentiment: Defensive retail positioning: Walmart and Costco are gaining grocery market share as consumers seek lower prices, a trend that may benefit Walmart if household budgets remain pressured. Grocery Wars Update
• Positive Sentiment: Strategic expansion: Walmart’s home-backup energy partnership with Base Power and planned investments in Texas robotics could broaden its ecosystem and improve operating efficiency over time. Walmart Probes Flipkart Claims
• Neutral Sentiment: Analyst attention: TD Cowen has initiated research coverage, while broader investor interest remains elevated. The ultimate effect will depend on the firm’s rating, price target and estimates. Walmart Research Coverage Started at TD Cowen
• Negative Sentiment: Valuation risk: With Walmart trading at roughly 42–43 times earnings, skeptics argue that its defensive reputation and growth outlook are already substantially reflected in the share price, leaving less room for disappointment. Walmart’s Defensive Reputation and Valuation
• Negative Sentiment: Reputation and compliance concerns: Walmart is investigating alleged vendor kickbacks at Flipkart, while separate coverage highlights scrutiny of employee prescription-drug benefits and a Federal Trade Commission-related customer payment. These issues could create legal, regulatory or reputational costs, although their financial impact is not yet clear. Walmart Probes Flipkart Claims Walmart Retirement Drug Benefit Report

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on WMT. Mizuho cut their price objective on shares of Walmart from $130.00 to $125.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 29th. Cantor Fitzgerald upgraded shares of Walmart to a “buy” rating in a report on Friday, August 21st. Citigroup dropped their price target on Walmart from $147.00 to $132.00 and set a “buy” rating on the stock in a report on Friday, August 21st. The Goldman Sachs Group restated a “buy” rating and set a $130.00 price target on shares of Walmart in a research report on Friday, August 21st. Finally, Gordon Haskett downgraded shares of Walmart from a “buy” rating to an “accumulate” rating in a report on Thursday, August 20th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $132.41.

Insider Buying and Selling

In related news, EVP Latriece Watkins sold 5,000 shares of Walmart stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $115.00, for a total value of $575,000.00. Following the completion of the sale, the executive vice president owned 110,432 shares of the company’s stock, valued at approximately $12,699,680. This trade represents a 4.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total value of $5,335,345.40. Following the completion of the sale, the executive vice president owned 201,672 shares in the company, valued at $21,246,145.20. This represents a 20.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 98,534 shares of company stock worth $10,692,443 in the last quarter. 0.09% of the stock is currently owned by company insiders.

Walmart Price Performance

Shares of NASDAQ WMT opened at $127.69 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The stock has a fifty day simple moving average of $110.71 and a two-hundred day simple moving average of $118.44. Walmart Inc. has a 1-year low of $98.88 and a 1-year high of $135.15. The firm has a market cap of $1.01 trillion, a price-to-earnings ratio of 46.10, a price-to-earnings-growth ratio of 4.29 and a beta of 0.58.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The firm had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. During the same period in the previous year, the company posted $0.68 earnings per share. The business’s revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Analysts anticipate that Walmart Inc. will post 2.87 earnings per share for the current year.

Walmart Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.