Walmart Inc. $WMT Shares Sold by Bristlecone Advisors LLC

Bristlecone Advisors LLC reduced its stake in shares of Walmart Inc. (NYSE:WMT) by 37.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,074 shares of the retailer’s stock after selling 3,036 shares during the quarter. Bristlecone Advisors LLC’s holdings in Walmart were worth $496,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Weatherly Asset Management L. P. lifted its position in shares of Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after acquiring an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its holdings in shares of Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after purchasing an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new stake in shares of Walmart in the first quarter valued at about $2,107,000. Night Squared LP purchased a new stake in shares of Walmart in the first quarter valued at about $1,052,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Walmart by 11.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock valued at $698,787,000 after purchasing an additional 838,689 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Walmart

In related news, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction 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 approximately $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the transaction, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. This trade represents a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 151,038 shares of company stock worth $15,525,280. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Performance

Shares of WMT opened at $102.38 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market capitalization of $816.27 billion, a price-to-earnings ratio of 38.49, a PEG ratio of 4.86 and a beta of 0.67. The company’s 50 day simple moving average is $102.28 and its 200 day simple moving average is $99.05. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analysts’ expectations 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 period in the previous year, the company posted $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. On average, sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on WMT shares. DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday, October 15th. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Guggenheim reaffirmed a “buy” rating and issued a $115.00 price target (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Bank of America upped 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 17th. Finally, Mizuho reissued an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus price target of $113.40.

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.