Arbor Trust Wealth Advisors LLC Sells 1,617 Shares of Walmart Inc. $WMT

Arbor Trust Wealth Advisors LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 31.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,527 shares of the retailer’s stock after selling 1,617 shares during the quarter. Arbor Trust Wealth Advisors LLC’s holdings in Walmart were worth $345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Access Investment Management LLC purchased a new stake in Walmart in the second quarter worth about $26,000. Operose Advisors LLC grew its stake in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after acquiring an additional 243 shares during the period. PFS Partners LLC increased its holdings in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares in the last quarter. Ridgewood Investments LLC increased its holdings in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares in the last quarter. Finally, Bear Mountain Capital Inc. raised its stake in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after acquiring an additional 167 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WMT has been the subject of a number of recent analyst reports. Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. The Goldman Sachs Group lifted their target price on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Oppenheimer increased their price target on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Finally, BTIG Research started coverage on Walmart in a research report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price objective on the stock. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $113.40.

Insider Buying and Selling at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the sale, the chief executive officer owned 4,373,576 shares in the company, valued at $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 151,038 shares of company stock worth $15,531,616 over the last three months. 0.10% of the stock is owned by company insiders.

Walmart Stock Performance

NYSE WMT opened at $102.60 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The business has a 50 day simple moving average of $103.02 and a two-hundred day simple moving average of $99.46. The stock has a market capitalization of $818.01 billion, a PE ratio of 38.57, a P/E/G ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the company posted $0.67 earnings per share. The firm’s revenue 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, research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.