Walmart Inc. $WMT Shares Sold by Advisors Asset Management Inc.

Advisors Asset Management Inc. lessened its holdings in Walmart Inc. (NYSE:WMT) by 4.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 828,474 shares of the retailer’s stock after selling 39,153 shares during the period. Walmart makes up 1.5% of Advisors Asset Management Inc.’s investment portfolio, making the stock its 6th largest position. Advisors Asset Management Inc.’s holdings in Walmart were worth $81,008,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. boosted its stake in Walmart by 1.4% during the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after buying an additional 5,856,468 shares during the period. Kingstone Capital Partners Texas LLC lifted its holdings in shares of Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after acquiring an additional 104,488,610 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Walmart by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after purchasing an additional 263,718 shares during the period. Goldman Sachs Group Inc. increased its holdings in Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Walmart by 1.3% in the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after purchasing an additional 387,424 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on WMT. Morgan Stanley restated an “overweight” rating and set a $125.00 price target (up from $115.00) on shares of Walmart in a research report on Friday. BTIG Research reissued a “buy” rating and set a $125.00 target price (up previously from $120.00) on shares of Walmart in a research note on Friday. Royal Bank Of Canada restated an “outperform” rating and set a $116.00 target price on shares of Walmart in a report on Friday. Cowen reiterated a “buy” rating on shares of Walmart in a research note on Monday, November 10th. Finally, Tigress Financial increased their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and a consensus target price of $118.55.

Walmart Stock Down 1.4%

Shares of NYSE WMT opened at $103.85 on Tuesday. The business has a 50-day moving average of $103.53 and a two-hundred day moving average of $99.96. The company has a market capitalization of $827.98 billion, a price-to-earnings ratio of 39.04, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. 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 (NYSE:WMT) last issued its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.02. The business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the company earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $101.18, for a total value of $222,596.00. Following the completion of the transaction, the executive vice president owned 619,518 shares in the company, valued at approximately $62,682,831.24. This represents a 0.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the sale, the chief executive officer owned 4,354,162 shares in the company, valued at $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 151,013 shares of company stock worth $15,616,747. 0.10% of the stock is owned by insiders.

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.