Global Assets Advisory LLC Trims Holdings in Walmart Inc. $WMT

Global Assets Advisory LLC reduced its stake in Walmart Inc. (NYSE:WMT) by 42.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 23,609 shares of the retailer’s stock after selling 17,327 shares during the quarter. Walmart accounts for 0.9% of Global Assets Advisory LLC’s portfolio, making the stock its 22nd largest position. Global Assets Advisory LLC’s holdings in Walmart were worth $2,319,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in WMT. Operose Advisors LLC lifted its stake in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC raised its holdings in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares during the period. Bear Mountain Capital Inc. lifted its stake in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after acquiring an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC boosted its holdings in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

Walmart stock opened at $102.70 on Tuesday. 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 fifty day simple moving average of $100.88 and a 200-day simple moving average of $96.87. The stock has a market cap of $818.81 billion, a P/E ratio of 38.61, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. Walmart Inc. has a 12-month low of $78.98 and a 12-month high of $106.11.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction 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 sale, the executive vice president owned 932,313 shares in the company, valued at $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on WMT shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research note on Saturday, September 27th. Guggenheim reaffirmed a “buy” rating and set a $115.00 target price (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Bank of America raised their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Piper Sandler restated an “overweight” rating and issued a $111.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Finally, Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $112.38.

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.