Ashton Thomas Private Wealth LLC Cuts Position in Walmart Inc. $WMT

Ashton Thomas Private Wealth LLC cut its stake in Walmart Inc. (NYSE:WMT) by 7.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,770 shares of the retailer’s stock after selling 5,686 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Walmart were worth $7,409,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in WMT. Weatherly Asset Management L. P. grew its stake in Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after buying an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management grew its stake in Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after buying an additional 9,831 shares during the last quarter. Ally Financial Inc. purchased a new position in Walmart during the 1st quarter worth $2,107,000. Night Squared LP purchased a new position in Walmart during the 1st quarter worth $1,052,000. Finally, Monument Capital Management grew its stake in Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after buying an additional 26,685 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total value of $2,081,006.88. Following the sale, the chief executive officer owned 4,354,162 shares in the company, valued at $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 available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s 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 completion of the sale, the executive vice president owned 1,044,455 shares in the company, valued at $112,540,026.25. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 151,038 shares of company stock valued at $15,525,280. 0.10% of the stock is owned by insiders.

Walmart Stock Down 0.6%

Walmart stock opened at $106.22 on Monday. 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 business’s 50-day simple moving average is $102.17 and its two-hundred day simple moving average is $98.79. The company has a market cap of $846.91 billion, a PE ratio of 39.93, a PEG ratio of 5.00 and a beta of 0.67. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS 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 during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the previous year, the company earned $0.67 EPS. The firm’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. Equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on WMT. Evercore ISI restated an “outperform” rating and set a $111.00 target price (up from $110.00) on shares of Walmart in a research note on Tuesday, October 21st. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research note on Friday. Truist Financial lowered their price target on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Tigress Financial boosted their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Finally, Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $113.07.

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.