ANB Bank Sells 592 Shares of Walmart Inc. $WMT

ANB Bank trimmed its stake in Walmart Inc. (NYSE:WMT) by 2.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,299 shares of the retailer’s stock after selling 592 shares during the period. ANB Bank’s holdings in Walmart were worth $2,083,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Atlas Legacy Advisors LLC lifted its stake in shares of Walmart by 1.1% in the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the last quarter. Bedel Financial Consulting Inc. grew its stake in Walmart by 0.4% in the 1st 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 during the last quarter. Revolve Wealth Partners LLC raised its holdings in Walmart by 1.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after acquiring an additional 103 shares during the period. RoundAngle Advisors LLC lifted its position in Walmart by 0.4% during the 2nd quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after acquiring an additional 105 shares during the last quarter. Finally, PCG Wealth Advisors LLC boosted its holdings in Walmart by 3.6% during the second quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock valued at $296,000 after acquiring an additional 105 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In related news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated 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 owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the sale, the executive vice president directly owned 892,940 shares in the company, valued at $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 149,383 shares of company stock valued at $15,365,487 over the last quarter. 0.10% of the stock is currently owned by insiders.

Walmart Price Performance

Shares of NYSE:WMT opened at $102.43 on Friday. The firm has a market capitalization of $816.68 billion, a PE ratio of 38.51, a PEG ratio of 4.83 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The business’s 50 day moving average is $103.40 and its 200-day moving average is $99.72.

Walmart (NYSE:WMT) last issued 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 during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. The business’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. Sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on WMT. Oppenheimer lifted their price objective on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. Royal Bank Of Canada set a $116.00 target price on Walmart and gave the company an “outperform” rating in a report on Wednesday, October 29th. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Bank of America increased their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $118.00 price objective on shares of Walmart in a research note on Friday. Thirty-two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $113.50.

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.