Walmart Inc. $WMT Shares Sold by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC lessened its stake in shares of Walmart Inc. (NYSE:WMT) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,424 shares of the retailer’s stock after selling 130 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Walmart were worth $824,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in WMT. Operose Advisors LLC boosted its holdings in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC boosted its holdings in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Bear Mountain Capital Inc. boosted its holdings in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC boosted its holdings in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated 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 sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. 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 Walmart stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president directly owned 621,718 shares in the company, valued at approximately $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 151,232 shares of company stock valued at $15,083,877. Company insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on WMT shares. Wolfe Research started coverage on Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price on the stock. Oppenheimer increased their target price on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Guggenheim reaffirmed 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, Mizuho reaffirmed an “outperform” rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Thirty investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

Walmart Trading Up 0.4%

NYSE:WMT opened at $102.15 on Friday. The business’s 50-day moving average is $100.77 and its two-hundred day moving average is $96.68. 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 $78.98 and a 12 month high of $106.11. The firm has a market capitalization of $814.46 billion, a PE ratio of 38.40, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS 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 company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period last year, the business 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. Research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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.