Envestnet Portfolio Solutions Inc. Cuts Holdings in Walmart Inc. $WMT

Envestnet Portfolio Solutions Inc. reduced its holdings in shares of Walmart Inc. (NYSE:WMT) by 9.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 179,907 shares of the retailer’s stock after selling 18,979 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Walmart were worth $17,591,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after purchasing an additional 485 shares in the last quarter. Mainstream Capital Management LLC increased its holdings in Walmart by 13.6% in the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock valued at $1,084,000 after buying an additional 1,474 shares during the last quarter. GAMMA Investing LLC increased its holdings in Walmart by 13.9% in the first quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock valued at $7,940,000 after buying an additional 11,018 shares during the last quarter. Finally, D Orazio & Associates Inc. raised its stake in Walmart by 2.4% during the first quarter. D Orazio & Associates Inc. now owns 18,268 shares of the retailer’s stock valued at $1,604,000 after buying an additional 429 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.2%

Shares of Walmart stock opened at $102.04 on Tuesday. The business has a fifty day simple moving average of $101.27 and a 200-day simple moving average of $97.46. The firm has a market cap of $813.51 billion, a price-to-earnings ratio of 38.36, a price-to-earnings-growth ratio of 4.80 and a beta of 0.67. Walmart Inc. has a fifty-two week low of $79.76 and a fifty-two week high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last issued its quarterly earnings results 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 return on equity of 21.45% and a net margin of 3.08%.The business 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. On average, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. JPMorgan Chase & Co. lowered their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Truist Financial reduced their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. 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. Finally, Piper Sandler restated an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

Insider Activity

In other news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the completion of the sale, the executive vice president directly owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 645,968 shares in the company, valued at $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 149,488 shares of company stock valued at $14,917,151 in the last ninety days. 0.10% of the stock is owned by company insiders.

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.