Heritage Investors Management Corp Sells 9,919 Shares of Walmart Inc. $WMT

Heritage Investors Management Corp cut its holdings in Walmart Inc. (NYSE:WMT) by 1.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 515,396 shares of the retailer’s stock after selling 9,919 shares during the period. Walmart accounts for 1.6% of Heritage Investors Management Corp’s investment portfolio, making the stock its 15th biggest position. Heritage Investors Management Corp’s holdings in Walmart were worth $50,395,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Operose Advisors LLC boosted its holdings in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC boosted its holdings in 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 purchasing an additional 233 shares during the period. Bear Mountain Capital Inc. boosted its holdings in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after purchasing an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares during the period. Finally, Ridgewood Investments LLC lifted its holdings in shares of Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Down 0.8%

WMT opened at $102.38 on Thursday. The company has a market cap of $816.27 billion, a P/E ratio of 38.49, a P/E/G ratio of 4.86 and a beta of 0.67. The business’s 50-day moving average price is $102.28 and its 200-day moving average price is $99.05. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57.

Walmart (NYSE:WMT) last posted its earnings results 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). The business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Evercore ISI restated an “outperform” rating and set a $111.00 price target (up previously from $110.00) on shares of Walmart in a research report on Tuesday, October 21st. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the company an “outperform” rating in a research report on Friday, August 22nd. JPMorgan Chase & Co. lowered their price target on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Bank of America raised their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Finally, Oppenheimer upped their price target on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $113.40.

Insider Buying and Selling

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the sale, the executive vice president directly owned 1,044,455 shares of the company’s stock, valued at $112,540,026.25. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total value of $2,081,006.88. Following the completion of the sale, the chief executive officer directly owned 4,354,162 shares in the company, valued at $466,679,083.16. The trade was a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 151,038 shares of company stock valued at $15,525,280 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

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.