NORTHSTAR ASSET MANAGEMENT Co Lowers Stock Position in Walmart Inc. $WMT

NORTHSTAR ASSET MANAGEMENT Co cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,929 shares of the retailer’s stock after selling 880 shares during the period. Walmart accounts for about 1.0% of NORTHSTAR ASSET MANAGEMENT Co’s holdings, making the stock its 22nd biggest position. NORTHSTAR ASSET MANAGEMENT Co’s holdings in Walmart were worth $4,393,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bedel Financial Consulting Inc. grew its stake in shares of Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock valued at $2,275,000 after buying an additional 102 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock valued at $961,000 after buying an additional 103 shares in the last quarter. Scott & Selber Inc. grew its stake in shares of Walmart by 3.7% in the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock valued at $256,000 after buying an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC grew its stake in shares of Walmart by 1.4% in the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock valued at $684,000 after buying an additional 105 shares in the last quarter. Finally, RoundAngle Advisors LLC grew its stake in shares of Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after buying an additional 105 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Down 0.6%

Shares of Walmart stock opened at $106.22 on Friday. The business’s fifty day moving average price is $102.17 and its two-hundred day moving average price is $98.61. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company has a market capitalization of $846.91 billion, a P/E ratio of 39.93, a PEG ratio of 5.03 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57.

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WMT. UBS Group restated a “buy” rating and set a $122.00 price objective (up previously from $110.00) on shares of Walmart in a research note on Thursday. Wolfe Research started coverage on Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Truist Financial decreased their target price on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $113.07.

Insider Transactions at Walmart

In other news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on 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 approximately $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 have sold a total of 151,038 shares of company stock valued at $15,525,280 in the last quarter. Company insiders own 0.10% of the company’s stock.

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.