5,005 Walmart Inc. $WMT Shares Sold by Everett Harris & Co. CA

Everett Harris & Co. CA lessened its stake in Walmart Inc. (NASDAQ:WMT) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 712,785 shares of the retailer’s stock after selling 5,005 shares during the period. Walmart makes up approximately 0.9% of Everett Harris & Co. CA’s holdings, making the stock its 22nd largest position. Everett Harris & Co. CA’s holdings in Walmart were worth $74,073,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in WMT. State Street Corp boosted its stake in shares of Walmart by 1.1% in the 2nd quarter. State Street Corp now owns 188,036,646 shares of the retailer’s stock worth $21,297,031,000 after buying an additional 2,107,781 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of Walmart in the second quarter worth $7,455,131,000. Bank of New York Mellon Corp increased its position in Walmart by 6.4% during the first quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock valued at $3,497,493,000 after acquiring an additional 1,681,353 shares during the last quarter. Legal & General Group Plc purchased a new stake in Walmart during the second quarter valued at $2,905,655,000. Finally, Amundi increased its position in Walmart by 44.4% during the second quarter. Amundi now owns 20,796,957 shares of the retailer’s stock valued at $2,355,463,000 after acquiring an additional 6,393,326 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on WMT. UBS Group lowered their target price on Walmart from $141.00 to $130.00 and set a “buy” rating on the stock in a report on Friday, August 21st. BNP Paribas Exane restated an “outperform” rating and set a $137.00 price target (down from $146.00) on shares of Walmart in a research note on Friday, August 21st. Weiss Ratings lowered shares of Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. Roth Capital reiterated a “buy” rating on shares of Walmart in a research note on Friday, August 21st. Finally, Wolfe Research reiterated an “outperform” rating and issued a $115.00 price objective on shares of Walmart in a research note on Friday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $132.41.

Insiders Place Their Bets

In other Walmart news, EVP Christopher Nicholas sold 2,900 shares of the company’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $120.60, for a total value of $349,740.00. Following the completion of the sale, the executive vice president owned 563,353 shares in the company, valued at $67,940,371.80. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 5,000 shares of the firm’s 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 transaction, the executive vice president directly owned 110,432 shares in the company, valued at $12,699,680. This trade represents a 4.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 102,244 shares of company stock valued at $11,112,044. 0.09% of the stock is currently owned by corporate insiders.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: ETF demand provided support: Walmart recorded approximately $36.2 million in net ETF buying, indicating institutional demand. This follows a prior report that ETFs were net sellers, suggesting flows have been mixed but recently improved. Walmart Sees $36.2 Million in Net ETF Buying
• Positive Sentiment: Healthcare expansion could create a new growth channel: Walmart broadened its Better Care Services platform into a healthcare marketplace that connects customers with third-party providers through its stores and digital channels. The strategy could increase customer engagement and diversify revenue over time. Walmart Launched a Healthcare Services Marketplace
• Positive Sentiment: Value messaging remains a competitive advantage: Walmart lowered the price of its holiday meal basket by $5, reinforcing its affordability strategy and potentially helping it attract budget-conscious shoppers during the important holiday season. Walmart Lowers Holiday Meal Basket by $5
• Neutral Sentiment: Investor debate centers on valuation: Walmart trades at a much higher earnings multiple than Target, Tesco and some other retail alternatives. Analysts note Walmart’s scale and digital ecosystem, but also point to slowing comparable-sales growth and a premium valuation.
• Negative Sentiment: FTC scrutiny creates regulatory risk: The Federal Trade Commission ordered Walmart to provide information about using consumer data to personalize prices and wages. The inquiry could lead to additional compliance costs, reputational pressure or future regulation. FTC Demands Data on Personalized Pricing
• Negative Sentiment: Competition in digital delivery is intensifying: DoorDash’s planned $17 billion acquisition of Instacart strengthens its ability to compete with Amazon and Walmart in online grocery and delivery, potentially increasing pressure on Walmart’s digital growth and margins. DoorDash Makes Instacart Acquisition

Walmart Trading Up 2.1%

Shares of WMT stock opened at $121.25 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23. The company has a market cap of $961.97 billion, a price-to-earnings ratio of 43.77, a PEG ratio of 4.29 and a beta of 0.58. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15. The firm has a fifty day moving average price of $109.84 and a 200-day moving average price of $118.37.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion for the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%. Walmart’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the firm earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, equities analysts predict that Walmart Inc. will post 2.88 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.