Walmart Inc. $WMT Shares Sold by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC lowered its position in shares of Walmart Inc. (NYSE:WMT) by 5.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 440,330 shares of the retailer’s stock after selling 27,493 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Walmart were worth $43,055,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Neuberger Berman Group LLC lifted its position in Walmart by 0.8% during the second quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock valued at $497,771,000 after buying an additional 42,645 shares in the last quarter. Aviva PLC raised its stake in shares of Walmart by 16.4% in the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock valued at $374,861,000 after acquiring an additional 539,504 shares during the period. Weatherly Asset Management L. P. lifted its holdings in shares of Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after acquiring an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its position in Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after purchasing an additional 9,831 shares during the period. Finally, Ally Financial Inc. acquired a new stake in Walmart in the 1st quarter valued at $2,107,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Up 1.0%

WMT stock opened at $111.59 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm has a 50 day simple moving average of $104.15 and a 200-day simple moving average of $100.42. The company has a market capitalization of $889.71 billion, a P/E ratio of 41.95, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $111.76.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on WMT. KeyCorp restated an “overweight” rating and set a $120.00 price objective (up previously from $110.00) on shares of Walmart in a research note on Friday, November 21st. DA Davidson set a $130.00 price target on Walmart and gave the stock a “buy” rating in a research report on Friday, November 21st. Telsey Advisory Group upped their price target on Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Tigress Financial lifted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Finally, Cowen reissued a “buy” rating on shares of Walmart in a research report on Monday, November 10th. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $118.55.

Insider Buying and Selling at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the transaction, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at approximately $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. In the last ninety days, insiders have sold 136,397 shares of company stock valued at $14,285,729. Corporate insiders own 0.10% of the company’s stock.

About Walmart

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.