Walmart Inc. $WMT Shares Sold by Independent Family Office LLC

Independent Family Office LLC cut its position in Walmart Inc. (NYSE:WMT) by 19.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,520 shares of the retailer’s stock after selling 600 shares during the period. Independent Family Office LLC’s holdings in Walmart were worth $246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. West Family Investments Inc. grew its stake in shares of Walmart by 18.4% during the second quarter. West Family Investments Inc. now owns 32,899 shares of the retailer’s stock worth $3,217,000 after purchasing an additional 5,111 shares in the last quarter. Williamson Legacy Group LLC lifted its holdings in Walmart by 12.7% during the 2nd quarter. Williamson Legacy Group LLC now owns 18,311 shares of the retailer’s stock worth $1,790,000 after buying an additional 2,069 shares during the last quarter. Wealthquest Corp lifted its holdings in Walmart by 5.8% during the 2nd quarter. Wealthquest Corp now owns 10,255 shares of the retailer’s stock worth $1,003,000 after buying an additional 562 shares during the last quarter. Rinkey Investments acquired a new position in shares of Walmart during the 2nd quarter worth about $388,000. Finally, Neuberger Berman Group LLC increased its holdings in shares of Walmart by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock valued at $497,771,000 after acquiring an additional 42,645 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on WMT shares. Sanford C. Bernstein restated an “outperform” rating and set a $122.00 target price (up previously from $118.00) on shares of Walmart in a research note on Friday, November 21st. BMO Capital Markets boosted their price objective on shares of Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Royal Bank Of Canada restated an “outperform” rating and issued a $116.00 target price on shares of Walmart in a report on Friday, November 21st. KeyCorp reaffirmed an “overweight” rating and issued a $120.00 target price (up from $110.00) on shares of Walmart in a research report on Friday, November 21st. Finally, Mizuho reissued an “outperform” rating and issued a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $118.55.

Walmart Stock Up 1.3%

WMT stock opened at $110.51 on Friday. The company has a market cap of $881.08 billion, a price-to-earnings ratio of 41.55, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company has a fifty day moving average price of $103.97 and a 200 day moving average price of $100.25. 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 12 month low of $79.81 and a 12 month high of $110.70.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same period in the previous year, the business posted $0.58 earnings per share. Walmart’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total transaction of $406,520.00. Following the completion of the sale, the executive vice president owned 1,040,455 shares in the company, valued at $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,630 shares of Walmart stock in a transaction on Monday, November 17th. The shares were sold at an average price of $102.58, for a total transaction of $167,205.40. Following the completion of the transaction, the executive vice president owned 642,788 shares in the company, valued at approximately $65,937,193.04. This trade represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 138,597 shares of company stock worth $14,499,943 over the last quarter. 0.10% of the stock is owned by insiders.

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.