MJT & Associates Financial Advisory Group Inc. Sells 450 Shares of Walmart Inc. $WMT

MJT & Associates Financial Advisory Group Inc. cut its position in Walmart Inc. (NYSE:WMT) by 6.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 6,838 shares of the retailer’s stock after selling 450 shares during the period. Walmart comprises about 0.8% of MJT & Associates Financial Advisory Group Inc.’s portfolio, making the stock its 13th biggest holding. MJT & Associates Financial Advisory Group Inc.’s holdings in Walmart were worth $669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Consolidated Portfolio Review Corp lifted its holdings in shares of Walmart by 6.2% during the second quarter. Consolidated Portfolio Review Corp now owns 46,442 shares of the retailer’s stock worth $4,541,000 after buying an additional 2,698 shares in the last quarter. Midwest Financial Group LLC increased its position in Walmart by 23.2% during the second quarter. Midwest Financial Group LLC now owns 3,205 shares of the retailer’s stock worth $313,000 after acquiring an additional 604 shares during the period. Victrix Investment Advisors raised its stake in Walmart by 1.6% in the 2nd quarter. Victrix Investment Advisors now owns 42,261 shares of the retailer’s stock worth $4,132,000 after purchasing an additional 651 shares in the last quarter. Sicart Associates LLC bought a new stake in Walmart in the 2nd quarter valued at about $545,000. Finally, Powers Advisory Group LLC increased its holdings in shares of Walmart by 0.3% during the second quarter. Powers Advisory Group LLC now owns 32,628 shares of the retailer’s stock worth $3,190,000 after purchasing an additional 111 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Price Performance

WMT stock opened at $101.97 on Thursday. The company has a 50 day simple moving average of $100.58 and a 200 day simple moving average of $96.40. The stock has a market cap of $812.99 billion, a price-to-earnings ratio of 38.33, a P/E/G ratio of 4.86 and a beta of 0.67. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. 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 (NYSE:WMT) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This represents a 1.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares in the company, valued at $66,993,341.28. The trade was a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 149,032 shares of company stock worth $14,860,951 over the last three months. 0.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WMT. Mizuho reissued an “outperform” rating and set a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. KeyCorp upped their price objective on shares of Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. Tigress Financial raised their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Guggenheim restated a “buy” rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, The Goldman Sachs Group increased their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Twenty-nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.38.

Walmart 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.