Walmart Inc. $WMT Shares Sold by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners trimmed its stake in Walmart Inc. (NASDAQ:WMT) by 78.5% in the second quarter, Holdings Channel.com reports. The firm owned 2,355 shares of the retailer’s stock after selling 8,615 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in Walmart were worth $230,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Atlas Legacy Advisors LLC raised its position in shares of Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the period. Meridian Wealth Partners LLC raised its holdings in shares of Walmart by 2.1% in the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock worth $470,000 after purchasing an additional 99 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Walmart by 1.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock valued at $961,000 after purchasing an additional 103 shares in the last quarter. RoundAngle Advisors LLC grew its holdings in shares of Walmart by 0.4% during the 2nd quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after purchasing an additional 105 shares during the period. Finally, PCG Wealth Advisors LLC increased its position in Walmart by 3.6% during the 2nd quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock worth $296,000 after purchasing an additional 105 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 2.1%

Shares of NASDAQ:WMT opened at $115.52 on Friday. The firm has a market cap of $920.71 billion, a PE ratio of 40.39, a price-to-earnings-growth ratio of 5.23 and a beta of 0.64. The company has a fifty day simple moving average of $106.02 and a 200 day simple moving average of $101.32. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $116.27.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the sale, the executive vice president owned 879,815 shares of the company’s stock, valued at approximately $92,160,621.25. The trade was a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $109.57, for a total value of $2,127,411.12. Following the transaction, the chief executive officer owned 4,334,747 shares of the company’s stock, valued at approximately $474,958,228.79. This represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 128,013 shares of company stock worth $13,553,747. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on WMT. Guggenheim reiterated a “buy” rating and set a $120.00 price objective (up from $115.00) on shares of Walmart in a research note on Friday, November 21st. Bank of America raised their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. DA Davidson set a $130.00 target price on Walmart and gave the company a “buy” rating in a research note on Friday, November 21st. Cowen reissued a “buy” rating on shares of Walmart in a research report on Tuesday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $123.00 price objective on shares of Walmart in a research report on Tuesday. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $119.31.

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.