Citizens & Northern Corp trimmed its stake in Walmart Inc. (NYSE:WMT – Free Report) by 29.0% in the second quarter, HoldingsChannel.com reports. The firm owned 3,313 shares of the retailer’s stock after selling 1,354 shares during the period. Citizens & Northern Corp’s holdings in Walmart were worth $324,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Weatherly Asset Management L. P. raised its position in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after acquiring an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its position in Walmart by 34.6% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after purchasing an additional 9,831 shares during the period. Ally Financial Inc. bought a new stake in Walmart during the 1st quarter valued at $2,107,000. Night Squared LP acquired a new position in Walmart during the first quarter worth $1,052,000. Finally, Monument Capital Management increased its position in shares of Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after acquiring an additional 26,685 shares in the last quarter. 26.76% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research analysts recently issued reports on the company. DA Davidson set a $117.00 target price on Walmart in a research report on Wednesday, October 15th. Evercore ISI reiterated an “outperform” rating and issued a $111.00 price objective (up previously from $110.00) on shares of Walmart in a research note on Tuesday. Wolfe Research started coverage on Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price on the stock. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the stock an “outperform” rating in a report on Friday, August 22nd. Finally, Tigress Financial boosted their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $112.67.
Walmart Stock Down 0.7%
Shares of NYSE:WMT opened at $106.30 on Wednesday. The firm has a fifty day moving average price of $101.80 and a two-hundred day moving average price of $98.22. The company has a market cap of $847.51 billion, a price-to-earnings ratio of 39.96, a PEG ratio of 5.04 and a beta of 0.67. 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 one year low of $79.81 and a one year high of $109.57.
Walmart (NYSE:WMT – Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the prior year, the business posted $0.67 EPS. Walmart’s quarterly revenue 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. Analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.
Insider Activity at Walmart
In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the sale, the executive vice president owned 892,940 shares of the company’s stock, valued at $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares in the company, valued at $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 147,038 shares of company stock worth $14,869,054 in the last three months. 0.10% of the stock is owned by insiders.
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.
Recommended Stories
- Five stocks we like better than Walmart
- How to Profit From Value Investing
- Beware The Death Cross: 3 Stocks Triggering This Spooky Signal
- 3 Tickers Leading a Meme Stock Revival
- 2 Ways to Trade Qualcomm Ahead of November’s Earnings
- What is the Dow Jones Industrial Average (DJIA)?
- Lululemon: 2 Signs the Bottom Is In, and 1 Sign It Isn’t
Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT – Free Report).
Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.
