Douglas Lane & Associates LLC Sells 1,993 Shares of Walmart Inc. $WMT

Douglas Lane & Associates LLC lowered its holdings in Walmart Inc. (NYSE:WMT) by 8.2% in the second quarter, Holdings Channel reports. The firm owned 22,414 shares of the retailer’s stock after selling 1,993 shares during the quarter. Douglas Lane & Associates LLC’s holdings in Walmart were worth $2,192,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Whelan Financial grew its position in Walmart by 2.3% in the fourth quarter. Whelan Financial now owns 4,339 shares of the retailer’s stock valued at $392,000 after purchasing an additional 97 shares in the last quarter. Bedel Financial Consulting Inc. grew its position in Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock valued at $2,275,000 after purchasing an additional 102 shares in the last quarter. Scott & Selber Inc. grew its position in Walmart by 3.7% in the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock valued at $256,000 after purchasing an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC grew its position in shares of Walmart by 1.4% in 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. Finally, Lauterbach Financial Advisors LLC grew its position in shares of Walmart by 1.8% in 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. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

NYSE WMT opened at $103.48 on Monday. The firm has a 50-day moving average of $98.71 and a 200-day moving average of $95.39. 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 market cap of $825.03 billion, a PE ratio of 38.90, a P/E/G ratio of 4.97 and a beta of 0.65. Walmart Inc. has a 52-week low of $77.49 and a 52-week high of $105.30.

Walmart (NYSE:WMT) last issued 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the firm earned $0.67 EPS. Walmart’s revenue for the quarter 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. On average, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the transaction, the executive vice president directly owned 623,918 shares of the company’s stock, valued at $60,750,895.66. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 119,622 shares of company stock worth $11,551,646. 0.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WMT shares. Telsey Advisory Group lifted their price objective on shares of Walmart from $115.00 to $118.00 and gave the company an “outperform” rating in a research report on Friday, August 22nd. Guggenheim reissued a “buy” rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Truist Financial decreased their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Finally, The Goldman Sachs Group lifted their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Walmart has an average rating of “Buy” and a consensus target price of $110.76.

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.