Keeler Thomas Management LLC Decreases Holdings in Walmart Inc. $WMT

Keeler Thomas Management LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 86.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,439 shares of the retailer’s stock after selling 16,031 shares during the quarter. Keeler Thomas Management LLC’s holdings in Walmart were worth $238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in WMT. Brighton Jones LLC increased its position in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of 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 purchasing an additional 485 shares during the last quarter. Mainstream Capital Management LLC increased its position in shares of Walmart by 13.6% during the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock valued at $1,084,000 after purchasing an additional 1,474 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Walmart by 13.9% during the 1st quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock valued at $7,940,000 after purchasing an additional 11,018 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its position in shares of Walmart by 10.6% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 7,582 shares of the retailer’s stock valued at $666,000 after purchasing an additional 725 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total value of $2,081,006.88. Following the sale, the chief executive officer directly owned 4,354,162 shares of the company’s stock, valued at approximately $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,550 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was 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 of the company’s stock, valued at $69,249,158.28. The trade was a 0.24% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 151,038 shares of company stock valued at $15,525,280. Company insiders own 0.10% of the company’s stock.

Walmart Trading Down 0.6%

Shares of Walmart stock opened at $106.22 on Friday. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57. The company has a market cap of $846.91 billion, a price-to-earnings ratio of 39.93, a PEG ratio of 5.03 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company’s 50-day moving average price is $102.17 and its 200-day moving average price is $98.61.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 period in the previous year, the company posted $0.67 earnings per share. The company’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 expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on WMT shares. Bank of America lifted their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Evercore ISI reissued an “outperform” rating and issued a $111.00 price objective (up previously from $110.00) on shares of Walmart in a report on Tuesday. Mizuho reissued an “outperform” rating and issued a $115.00 price objective on shares of Walmart in a report on Wednesday, August 13th. Wolfe Research started coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective for the company. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $113.07.

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.