FRG Family Wealth Advisors LLC Sells 660 Shares of Walmart Inc. $WMT

FRG Family Wealth Advisors LLC lowered its stake in shares of Walmart Inc. (NYSE:WMT) by 0.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 137,634 shares of the retailer’s stock after selling 660 shares during the quarter. Walmart makes up 2.3% of FRG Family Wealth Advisors LLC’s holdings, making the stock its 13th biggest position. FRG Family Wealth Advisors LLC’s holdings in Walmart were worth $13,458,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC increased its position in shares of Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Nuveen LLC purchased a new position in Walmart during the 1st quarter valued at $2,532,331,000. Goldman Sachs Group Inc. boosted its holdings in Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after acquiring an additional 7,706,201 shares during the period. Wellington Management Group LLP boosted its holdings in Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after acquiring an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board boosted its holdings in Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after acquiring an additional 4,214,661 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $102.38 on Thursday. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57. The stock has a market capitalization of $816.27 billion, a price-to-earnings ratio of 38.49, a P/E/G ratio of 4.86 and a beta of 0.67. The stock has a fifty day simple moving average of $102.28 and a two-hundred day simple moving average of $99.05. 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 (NYSE:WMT) last issued its 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the prior year, the company posted $0.67 earnings per share. Walmart’s quarterly revenue 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, analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the completion of the sale, the chief executive officer directly owned 4,354,162 shares in the company, valued at $466,679,083.16. This represents a 0.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 151,038 shares of company stock worth $15,525,280. 0.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

WMT has been the subject of a number of recent analyst reports. Bank of America boosted their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Truist Financial dropped their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Guggenheim restated a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, BTIG Research initiated coverage on Walmart in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price objective for the company. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.