Brown Miller Wealth Management LLC Sells 179 Shares of Walmart Inc. $WMT

Brown Miller Wealth Management LLC lowered its stake in Walmart Inc. (NYSE:WMT) by 2.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 6,964 shares of the retailer’s stock after selling 179 shares during the period. Brown Miller Wealth Management LLC’s holdings in Walmart were worth $681,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. OLD National Bancorp IN lifted its holdings in shares of Walmart by 0.6% during the 2nd quarter. OLD National Bancorp IN now owns 79,256 shares of the retailer’s stock valued at $7,750,000 after buying an additional 439 shares during the period. MBL Wealth LLC lifted its holdings in Walmart by 3.6% in the second quarter. MBL Wealth LLC now owns 14,082 shares of the retailer’s stock valued at $1,377,000 after acquiring an additional 484 shares during the period. Sutton Place Investors LLC lifted its holdings in Walmart by 3.3% in the second quarter. Sutton Place Investors LLC now owns 4,339 shares of the retailer’s stock valued at $424,000 after acquiring an additional 139 shares during the period. Wealthcare Capital Partners LLC boosted its position in Walmart by 20.6% in the second quarter. Wealthcare Capital Partners LLC now owns 8,599 shares of the retailer’s stock worth $841,000 after purchasing an additional 1,467 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its stake in shares of Walmart by 1.3% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 72,185 shares of the retailer’s stock valued at $7,058,000 after purchasing an additional 943 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Up 0.4%

Shares of WMT opened at $102.15 on Monday. The business’s 50 day moving average is $100.77 and its 200 day moving average is $96.76. 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 $78.98 and a 12-month high of $106.11. The company has a market capitalization of $814.46 billion, a PE ratio of 38.40, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business earned $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. Research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on WMT. Piper Sandler reissued an “overweight” rating and issued a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. The Goldman Sachs Group increased their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Tigress Financial upped their price objective on Walmart from $120.00 to $125.00 and gave the stock 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 report on Tuesday, August 5th. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average target price of $112.38.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction dated 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 directly owned 645,968 shares of the company’s stock, valued at approximately $66,993,341.28. The trade was a 0.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $103.74, for a total value of $1,361,587.50. Following the transaction, the executive vice president directly owned 906,064 shares of the company’s stock, valued at approximately $93,995,079.36. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock worth $15,083,877 in the last 90 days. 0.10% of the stock is owned by company 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.