Keynote Financial Services LLC Lowers Stock Holdings in Walmart Inc. $WMT

Keynote Financial Services LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 12.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,977 shares of the retailer’s stock after selling 720 shares during the quarter. Keynote Financial Services LLC’s holdings in Walmart were worth $487,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Atlas Legacy Advisors LLC boosted its stake in Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the last quarter. Bedel Financial Consulting Inc. lifted its holdings in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after acquiring an additional 102 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after acquiring an additional 103 shares during the last quarter. RoundAngle Advisors LLC grew its holdings in Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after purchasing an additional 105 shares during the period. Finally, Lauterbach Financial Advisors LLC increased its position in Walmart by 1.8% during the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock worth $517,000 after purchasing an additional 106 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

Shares of NYSE WMT opened at $102.40 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The company has a market capitalization of $816.42 billion, a price-to-earnings ratio of 38.50, a PEG ratio of 4.83 and a beta of 0.67. The business has a 50-day moving average of $103.13 and a 200-day moving average of $99.54.

Walmart (NYSE:WMT) last released its quarterly 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 company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same period last year, the firm posted $0.67 earnings per share. The business’s revenue was up 4.8% on a year-over-year basis. 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 anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $101.18, for a total value of $222,596.00. Following the transaction, the executive vice president owned 619,518 shares in the company, valued at $62,682,831.24. The trade was a 0.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,550 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total value of $166,563.00. Following the sale, the executive vice president owned 644,418 shares of the company’s stock, valued at $69,249,158.28. This represents a 0.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 151,038 shares of company stock worth $15,531,616 over the last three months. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of research analyst reports. Tigress Financial lifted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Truist Financial cut their target price on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Royal Bank Of Canada set a $116.00 price target on Walmart and gave the company an “outperform” rating in a research report on Wednesday, October 29th. JPMorgan Chase & Co. upped their price target on Walmart from $127.00 to $128.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the stock an “outperform” rating in a report on Friday, August 22nd. Thirty-two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $113.43.

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.