Walmart Inc. $WMT Shares Sold by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC reduced its holdings in Walmart Inc. (NASDAQ:WMT) by 26.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,710 shares of the retailer’s stock after selling 6,282 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Walmart were worth $1,840,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bell & Brown Wealth Advisors LLC acquired a new stake in Walmart in the second quarter worth approximately $6,451,000. Advisortrust Partners LLC boosted its stake in Walmart by 20.2% during the 1st quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock valued at $8,344,000 after purchasing an additional 11,283 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Walmart during the 2nd quarter valued at $7,455,131,000. HORAN Wealth LLC increased its position in shares of Walmart by 55.7% during the 1st quarter. HORAN Wealth LLC now owns 81,544 shares of the retailer’s stock valued at $9,931,000 after purchasing an additional 29,184 shares during the period. Finally, Park National Corp OH raised its stake in shares of Walmart by 282.9% in the 3rd quarter. Park National Corp OH now owns 119,865 shares of the retailer’s stock worth $12,456,000 after buying an additional 88,562 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 1.9%

Walmart stock opened at $123.51 on Friday. The firm has a market cap of $979.90 billion, a price-to-earnings ratio of 44.59, a price-to-earnings-growth ratio of 4.46 and a beta of 0.58. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15. The firm’s 50 day moving average price is $110.23 and its two-hundred day moving average price is $118.40. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, research analysts predict that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Insider Activity at Walmart

In related news, EVP Latriece Watkins sold 5,000 shares of the stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $115.00, for a total value of $575,000.00. Following the completion of the transaction, the executive vice president owned 110,432 shares in the company, valued at $12,699,680. This trade represents a 4.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,990 shares of Walmart stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $104.41, for a total value of $416,595.90. Following the completion of the transaction, the executive vice president directly owned 618,359 shares in the company, valued at $64,562,863.19. This represents a 0.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 102,244 shares of company stock valued at $11,112,044 over the last ninety days. Company insiders own 0.09% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the subject of several research analyst reports. Mizuho cut their price objective on Walmart from $130.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, September 29th. TD Cowen assumed coverage on Walmart in a report on Friday. They set a “strong-buy” rating on the stock. Raymond James Financial reiterated an “outperform” rating and issued a $130.00 price target on shares of Walmart in a research report on Friday, August 21st. Guggenheim set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, August 21st. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $120.00 price target on shares of Walmart in a report on Friday, August 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $132.41.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Energy investment expands Walmart’s customer offerings: Walmart is making a strategic investment in Base Power and will offer the company’s home battery systems to Walmart customers and Sam’s Club members beginning in November. The systems are designed to reduce energy costs and provide backup power, creating a potential new customer benefit while expanding Walmart’s ecosystem beyond traditional retail. Walmart and Base Power announce strategic agreement
• Positive Sentiment: Major automation agreement with Symbotic: Walmart expanded its commercial relationship with warehouse-automation provider Symbotic in a deal valued at approximately $6 billion. Greater automation could improve fulfillment capacity, labor efficiency and inventory management, although the investment also carries execution and capital-spending risks. Symbotic stock jumps on Walmart automation deal
• Positive Sentiment: Strong fundamentals continue to support the stock: Walmart’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with revenue rising year over year. Analysts and market commentary continue to highlight earnings growth and price strength as reasons to remain constructive on WMT. Earnings growth and price strength make Walmart a stock to watch
• Neutral Sentiment: Healthcare expansion offers a longer-term growth avenue: Walmart has broadened its Better Care Services platform into a healthcare marketplace connecting customers with third-party providers. The initiative could increase customer engagement, but its financial contribution is not yet clear. Walmart launched a healthcare services marketplace
• Negative Sentiment: Competitive and regulatory concerns remain: DoorDash’s proposed $17 billion acquisition of Instacart is intended partly to strengthen competition with Walmart and Amazon in local commerce and grocery delivery. Separately, the FTC is seeking information from Walmart about the use of personal data in personalized pricing, creating potential compliance and reputational risks. FTC orders Walmart and others to share pricing data information
• Negative Sentiment: Valuation comparisons could limit upside: Walmart trades at a substantially higher earnings multiple than Target, while commentary suggests Walmart’s comparable-sales growth may be moderating. That premium leaves the stock more exposed if growth expectations weaken. Target trades at a fraction of Walmart’s valuation

About Walmart

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.