Quilter Plc Trims Stock Holdings in Walmart Inc. $WMT

Quilter Plc lowered its position in shares of Walmart Inc. (NYSE:WMT) by 3.6% during the second quarter, Holdings Channel reports. The fund owned 24,083 shares of the retailer’s stock after selling 890 shares during the quarter. Quilter Plc’s holdings in Walmart were worth $2,355,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of WMT. Access Investment Management LLC acquired a new position in Walmart in the second quarter valued at $26,000. Operose Advisors LLC grew its position in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after acquiring an additional 243 shares in the last quarter. PFS Partners LLC raised its stake in shares of Walmart by 267.8% during the second 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. Ridgewood Investments LLC lifted its position in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Walmart by 432.4% in the first 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. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WMT has been the topic of a number of recent analyst reports. Tigress Financial boosted 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. Wolfe Research started coverage on shares of Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. JPMorgan Chase & Co. increased their price objective on shares of Walmart from $127.00 to $128.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Bank of America boosted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Finally, Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Thirty investment 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, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.46.

Walmart Trading Down 0.8%

Walmart stock opened at $100.55 on Thursday. The firm has a 50-day moving average price of $103.40 and a two-hundred day moving average price of $99.80. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The firm has a market capitalization of $801.67 billion, a price-to-earnings ratio of 37.80, a PEG ratio of 4.83 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This represents a 0.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly owned 4,354,162 shares of the company’s stock, valued at approximately $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 133,888 shares of company stock worth $13,835,383. Company 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.