Aries Wealth Management Trims Holdings in Walmart Inc. $WMT

Aries Wealth Management decreased its holdings in Walmart Inc. (NYSE:WMT) by 3.3% during the second quarter, HoldingsChannel.com reports. The firm owned 53,621 shares of the retailer’s stock after selling 1,834 shares during the quarter. Walmart makes up about 1.4% of Aries Wealth Management’s holdings, making the stock its 17th biggest holding. Aries Wealth Management’s holdings in Walmart were worth $5,243,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Weatherly Asset Management L. P. increased its stake in Walmart by 7.0% in the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after purchasing an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its stake in shares of Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after buying an additional 9,831 shares during the period. Ally Financial Inc. purchased a new position in shares of Walmart during the first quarter valued at $2,107,000. Night Squared LP purchased a new position in shares of Walmart during the first quarter valued at $1,052,000. Finally, Monument Capital Management increased its stake in shares of Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock valued at $4,829,000 after buying an additional 26,685 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

WMT has been the topic of several research reports. Royal Bank Of Canada restated an “outperform” rating and set a $106.00 price target on shares of Walmart in a research note on Friday, August 22nd. The Goldman Sachs Group raised their price target on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Oppenheimer raised their price target on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the company an “outperform” rating in a research note on Friday, August 22nd. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $112.63.

Insider Transactions at Walmart

In related news, EVP Daniel J. Bartlett sold 1,610 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $103.71, for a total value of $166,973.10. Following the sale, the executive vice president owned 645,968 shares in the company, valued at $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the sale, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 149,488 shares of company stock valued at $14,917,151 over the last quarter. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $107.15 on Wednesday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $107.92. The firm has a market capitalization of $854.27 billion, a price-to-earnings ratio of 40.28, a PEG ratio of 4.81 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The stock’s 50-day simple moving average is $101.43 and its 200-day simple moving average is $97.53.

Walmart (NYSE:WMT) last issued its quarterly 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 business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the previous year, the firm posted $0.67 EPS. Walmart’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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.