Capital Investment Counsel Inc Cuts Stake in Walmart Inc. $WMT

Capital Investment Counsel Inc cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 0.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 316,801 shares of the retailer’s stock after selling 2,150 shares during the period. Walmart accounts for approximately 4.1% of Capital Investment Counsel Inc’s portfolio, making the stock its 4th biggest holding. Capital Investment Counsel Inc’s holdings in Walmart were worth $30,977,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC increased its stake in Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of Walmart by 134.5% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 363,831 shares of the retailer’s stock worth $31,941,000 after buying an additional 1,418,368 shares in the last quarter. Prevail Innovative Wealth Advisors LLC lifted its stake in shares of Walmart by 12.9% in the 1st quarter. Prevail Innovative Wealth Advisors LLC now owns 3,847 shares of the retailer’s stock worth $338,000 after acquiring an additional 440 shares during the period. Finally, Bryn Mawr Capital Management LLC bought a new position in shares of Walmart in the first quarter valued at approximately $523,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $107.75, for a total transaction of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares in the company, valued at approximately $112,540,026.25. This trade represents a 0.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,550 shares of Walmart stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total value of $166,563.00. Following the transaction, the executive vice president directly owned 644,418 shares in the company, valued at approximately $69,249,158.28. This trade represents a 0.24% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 151,038 shares of company stock worth $15,531,616. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Up 0.0%

WMT stock opened at $103.47 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market capitalization of $824.92 billion, a P/E ratio of 38.90, a P/E/G ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The company’s 50 day simple moving average is $103.33 and its 200-day simple moving average is $99.63.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter 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 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent analyst reports. Telsey Advisory Group reissued an “outperform” rating and set a $118.00 target price on shares of Walmart in a report on Wednesday, September 24th. Truist Financial dropped their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Oppenheimer lifted their target price on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Finally, JPMorgan Chase & Co. upped their price target on shares of Walmart from $127.00 to $128.00 and gave the company an “overweight” rating in a report on Monday. Thirty-two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $113.50.

Walmart 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.