Trail Ridge Investment Advisors LLC Decreases Holdings in Walmart Inc. $WMT

Trail Ridge Investment Advisors LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 13.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,331 shares of the retailer’s stock after selling 496 shares during the quarter. Trail Ridge Investment Advisors LLC’s holdings in Walmart were worth $326,000 at the end of the most recent reporting period.

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

Walmart Price Performance

WMT opened at $101.25 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The stock has a market capitalization of $807.23 billion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The stock’s 50 day moving average price is $102.46 and its 200-day moving average price is $99.15.

Walmart (NYSE:WMT) last released its quarterly 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 net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the firm earned $0.67 earnings per share. The company’s revenue for the quarter 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 research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred 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 sale, the chief executive officer directly owned 4,354,162 shares in the company, valued at $466,679,083.16. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the sale, the executive vice president owned 1,044,455 shares in the company, valued at $112,540,026.25. This represents a 0.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 148,838 shares of company stock valued at $15,309,020 over the last ninety days. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on WMT. JPMorgan Chase & Co. decreased their price target on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. The Goldman Sachs Group lifted their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Royal Bank Of Canada set a $116.00 price objective on Walmart and gave the stock an “outperform” rating in a research report on Wednesday. Finally, UBS Group reissued a “buy” rating and set a $122.00 target price (up from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $113.40.

Walmart Company 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.