Murphy Pohlad Asset Management LLC Sells 310 Shares of Walmart Inc. $WMT

Murphy Pohlad Asset Management LLC reduced its stake in Walmart Inc. (NYSE:WMT) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,687 shares of the retailer’s stock after selling 310 shares during the period. Murphy Pohlad Asset Management LLC’s holdings in Walmart were worth $1,534,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. AMG National Trust Bank grew its holdings in Walmart by 2.4% in the second quarter. AMG National Trust Bank now owns 68,889 shares of the retailer’s stock worth $6,736,000 after purchasing an additional 1,631 shares during the period. Savoir Faire Capital Management L.P. grew its holdings in Walmart by 144.3% in the second quarter. Savoir Faire Capital Management L.P. now owns 40,228 shares of the retailer’s stock worth $3,933,000 after purchasing an additional 23,759 shares during the period. Creekmur Asset Management LLC grew its holdings in Walmart by 69.3% in the second quarter. Creekmur Asset Management LLC now owns 58,316 shares of the retailer’s stock worth $5,702,000 after purchasing an additional 23,879 shares during the period. Earned Wealth Advisors LLC grew its holdings in Walmart by 10.3% in the second quarter. Earned Wealth Advisors LLC now owns 12,654 shares of the retailer’s stock worth $1,237,000 after purchasing an additional 1,180 shares during the period. Finally, Pinnacle Associates Ltd. grew its holdings in Walmart by 35.3% in the second quarter. Pinnacle Associates Ltd. now owns 490,939 shares of the retailer’s stock worth $48,004,000 after purchasing an additional 128,121 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total value of $2,081,006.88. Following the sale, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This trade represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction that occurred 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 owned 621,718 shares in the company, valued at $62,998,684.94. This represents a 0.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 148,838 shares of company stock valued at $15,309,020 in the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Walmart Trading Down 0.1%

NYSE:WMT opened at $102.33 on Friday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company’s 50 day moving average price is $102.37 and its 200-day moving average price is $99.07. The stock has a market cap of $815.82 billion, a price-to-earnings ratio of 38.47, a PEG ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last issued 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the prior year, the business posted $0.67 EPS. The company’s revenue for the quarter 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 research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Tigress Financial upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Truist Financial cut their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. The Goldman Sachs Group increased their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Evercore ISI reiterated an “outperform” rating and set a $111.00 price target (up previously from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Finally, Bank of America increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

Walmart 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.