Carret Asset Management LLC Sells 1,825 Shares of Walmart Inc. $WMT

Carret Asset Management LLC reduced its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.5% during the second quarter, HoldingsChannel.com reports. The fund owned 116,607 shares of the retailer’s stock after selling 1,825 shares during the quarter. Walmart makes up approximately 1.2% of Carret Asset Management LLC’s investment portfolio, making the stock its 15th largest position. Carret Asset Management LLC’s holdings in Walmart were worth $11,402,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of WMT. Operose Advisors LLC raised its stake in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the period. PFS Partners LLC raised its stake in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares during the period. Ridgewood Investments LLC raised its stake in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the period. Bear Mountain Capital Inc. raised its stake in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after buying an additional 167 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $98.55, for a total value of $1,293,468.75. Following the transaction, the executive vice president owned 919,189 shares of the company’s stock, valued at approximately $90,586,075.95. The trade was a 1.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 151,038 shares of company stock valued at $15,525,280 in the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of NYSE WMT opened at $102.38 on Thursday. The stock has a market cap of $816.27 billion, a PE ratio of 38.49, a price-to-earnings-growth ratio of 4.86 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. 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 has a fifty day moving average of $102.28 and a 200-day moving average of $99.05.

Walmart (NYSE:WMT) last announced its quarterly earnings results 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 company had revenue of $169.34 billion during 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%. Walmart’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last 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. Equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. UBS Group restated a “buy” rating and issued a $122.00 target price (up from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. The Goldman Sachs Group boosted their target price on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. DA Davidson set a $117.00 target price on Walmart in a research note on Wednesday, October 15th. Finally, BTIG Research initiated coverage on Walmart in a research note on Tuesday, October 14th. They issued a “buy” rating and a $120.00 target price on the stock. Thirty-one 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $113.40.

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.