Walmart Inc. $WMT Shares Sold by Bar Harbor Wealth Management

Bar Harbor Wealth Management lowered its stake in Walmart Inc. (NYSE:WMT) by 2.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 154,957 shares of the retailer’s stock after selling 3,634 shares during the period. Walmart makes up approximately 1.0% of Bar Harbor Wealth Management’s portfolio, making the stock its 29th biggest holding. Bar Harbor Wealth Management’s holdings in Walmart were worth $15,152,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Narwhal Capital Management increased its holdings in shares of Walmart by 6.9% in the second quarter. Narwhal Capital Management now owns 32,206 shares of the retailer’s stock valued at $3,149,000 after purchasing an additional 2,087 shares during the period. Dohj LLC acquired a new position in shares of Walmart in the second quarter valued at approximately $569,000. Morton Capital Management LLC CA purchased a new position in Walmart during the second quarter worth about $338,000. Hall Capital Management Co. Inc. raised its holdings in Walmart by 0.4% during the second quarter. Hall Capital Management Co. Inc. now owns 61,595 shares of the retailer’s stock worth $6,023,000 after purchasing an additional 234 shares in the last quarter. Finally, LifeSteps Financial Inc. raised its holdings in Walmart by 18.1% during the second quarter. LifeSteps Financial Inc. now owns 10,653 shares of the retailer’s stock worth $1,042,000 after purchasing an additional 1,632 shares in 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 the firm’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. This trade represents a 0.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president directly owned 932,313 shares of the company’s stock, valued at approximately $88,700,258.82. This trade represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 151,232 shares of company stock valued at $15,083,877. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the subject of several analyst reports. JPMorgan Chase & Co. cut their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Bank of America increased their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Wolfe Research initiated coverage on shares of Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target for the company. Guggenheim reissued a “buy” rating and set a $115.00 price target (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, Piper Sandler reissued an “overweight” rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.38.

Walmart Trading Down 0.3%

Shares of Walmart stock opened at $102.90 on Thursday. 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 50-day moving average of $101.08 and a two-hundred day moving average of $96.96. Walmart Inc. has a 12-month low of $79.37 and a 12-month high of $106.11. The stock has a market cap of $820.41 billion, a PE ratio of 38.68, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its quarterly earnings data 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 return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion for 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% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

About Walmart

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.