Austin Asset Management Co Inc Sells 430 Shares of Walmart Inc. $WMT

Austin Asset Management Co Inc lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 4.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,536 shares of the retailer’s stock after selling 430 shares during the quarter. Austin Asset Management Co Inc’s holdings in Walmart were worth $835,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bedel Financial Consulting Inc. boosted its holdings in Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock valued at $2,275,000 after acquiring an additional 102 shares during the period. Scott & Selber Inc. boosted its holdings in Walmart by 3.7% during the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock valued at $256,000 after acquiring an additional 105 shares during the period. Capital Advisors Wealth Management LLC boosted its holdings in Walmart by 1.4% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock valued at $684,000 after acquiring an additional 105 shares during the period. Lauterbach Financial Advisors LLC boosted its holdings in Walmart by 1.8% during the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock valued at $517,000 after acquiring an additional 106 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC boosted its holdings in Walmart by 1.4% during the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock valued at $685,000 after acquiring an additional 106 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Down 1.1%

WMT opened at $101.72 on Friday. The firm has a market cap of $811.00 billion, a price-to-earnings ratio of 38.24, a PEG ratio of 4.85 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12 month low of $79.37 and a 12 month high of $106.11. The stock has a fifty day moving average price of $101.15 and a 200-day moving average price of $97.06.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share. 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 research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on WMT. Telsey Advisory Group restated an “outperform” rating and set a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Wolfe Research started coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price for the company. The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Mizuho reiterated an “outperform” rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Finally, Bank of America upped their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is currently owned by insiders.

Walmart Company 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.