Goelzer Investment Management Inc. Has $8.11 Million Holdings in Walmart Inc. $WMT

Goelzer Investment Management Inc. cut its stake in shares of Walmart Inc. (NYSE:WMT) by 0.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 82,973 shares of the retailer’s stock after selling 712 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Walmart were worth $8,113,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares during the period. Goldman Sachs Group Inc. increased its holdings in Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the period. Ameriprise Financial Inc. increased its holdings in Walmart by 1.3% in the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after purchasing an additional 387,424 shares during the period. Invesco Ltd. increased its holdings in Walmart by 2.9% in the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock valued at $2,562,427,000 after purchasing an additional 823,020 shares during the period. Finally, Nuveen LLC acquired a new stake in Walmart in the first quarter valued at $2,532,331,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Price Performance

Walmart stock opened at $103.40 on Wednesday. Walmart Inc. has a 52 week low of $77.49 and a 52 week high of $105.30. The company’s 50 day moving average price is $98.93 and its two-hundred day moving average price is $95.48. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The stock has a market cap of $824.39 billion, a P/E ratio of 38.87, a P/E/G ratio of 4.98 and a beta of 0.65.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS 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 for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the prior year, the business earned $0.67 EPS. 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, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the sale, the executive vice president owned 623,918 shares in the company, valued at $60,750,895.66. This trade represents a 0.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock worth $14,822,719 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on WMT. Evercore ISI restated an “outperform” rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Truist Financial cut their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an “outperform” rating in a research report on Friday, August 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $106.00 price target on shares of Walmart in a research report on Friday, August 22nd. Finally, Mizuho reaffirmed an “outperform” rating and set a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $110.76.

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.