Johnson Investment Counsel Inc. Sells 20,264 Shares of Walmart Inc. $WMT

Johnson Investment Counsel Inc. decreased its holdings in Walmart Inc. (NYSE:WMT) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 763,829 shares of the retailer’s stock after selling 20,264 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Walmart were worth $74,687,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WMT. Brighton Jones LLC lifted its holdings in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares during the period. Mainstream Capital Management LLC lifted its holdings in shares of Walmart by 13.6% during the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after acquiring an additional 1,474 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Walmart by 13.9% during the 1st quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock worth $7,940,000 after acquiring an additional 11,018 shares during the period. Finally, NorthCrest Asset Manangement LLC grew its holdings in shares of Walmart by 13.7% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 13,461 shares of the retailer’s stock worth $1,182,000 after purchasing an additional 1,622 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Trading Up 0.1%

WMT opened at $101.86 on Monday. 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 stock has a market capitalization of $812.10 billion, a PE ratio of 38.29, a PEG ratio of 4.80 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.37 and a 1-year high of $106.11. The firm has a 50-day moving average price of $101.22 and a two-hundred day moving average price of $97.34.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total transaction of $222,926.00. Following the transaction, the executive vice president 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 ninety days, insiders have sold 151,232 shares of company stock worth $15,083,877. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the topic of several analyst reports. Tigress Financial upped their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Oppenheimer upped their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. JPMorgan Chase & Co. lowered their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Finally, Truist Financial lowered their target price on shares of 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 issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $112.38.

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.