Walmart Inc. $WMT Shares Sold by Etesian Wealth Advisors Inc.

Etesian Wealth Advisors Inc. reduced its position in Walmart Inc. (NYSE:WMT) by 10.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 28,585 shares of the retailer’s stock after selling 3,317 shares during the quarter. Walmart makes up approximately 1.0% of Etesian Wealth Advisors Inc.’s investment portfolio, making the stock its 25th biggest position. Etesian Wealth Advisors Inc.’s holdings in Walmart were worth $2,795,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In other news, EVP Daniel J. Bartlett sold 1,610 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the sale, the executive vice president directly owned 645,968 shares in the company, valued at approximately $66,993,341.28. The trade was a 0.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 151,232 shares of company stock worth $15,083,877. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Bank of America raised their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Wolfe Research initiated coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday. Finally, Truist Financial dropped their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Thirty analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $112.38.

Walmart Price Performance

Shares of NYSE WMT opened at $101.86 on Friday. Walmart Inc. has a twelve month low of $79.37 and a twelve month high of $106.11. 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 has a market capitalization of $812.10 billion, a price-to-earnings ratio of 38.29, a price-to-earnings-growth ratio of 4.80 and a beta of 0.67. The business has a 50 day simple moving average of $101.22 and a 200-day simple moving average of $97.18.

Walmart (NYSE:WMT) last issued its quarterly 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter last year, the firm posted $0.67 earnings per share. Walmart’s 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. As a group, equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.