Corient Private Wealth LLC Sells 10,160 Shares of Walmart Inc. $WMT

Corient Private Wealth LLC reduced its stake in Walmart Inc. (NASDAQ:WMT) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,057,598 shares of the retailer’s stock after selling 10,160 shares during the period. Corient Private Wealth LLC’s holdings in Walmart were worth $201,192,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Atlas Legacy Advisors LLC grew its holdings in shares of Walmart by 1.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares in the last quarter. Meridian Wealth Partners LLC lifted its position in Walmart by 2.1% during the second quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock worth $470,000 after purchasing an additional 99 shares during the period. Revolve Wealth Partners LLC grew its stake in Walmart by 1.1% during the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after buying an additional 103 shares in the last quarter. RoundAngle Advisors LLC increased its holdings in Walmart by 0.4% in the 2nd quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after buying an additional 105 shares during the period. Finally, PCG Wealth Advisors LLC increased its holdings in Walmart by 3.6% in the 2nd quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock valued at $296,000 after buying an additional 105 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $104.75, for a total value of $1,374,843.75. Following the completion of the sale, the executive vice president directly owned 879,815 shares in the company, valued at $92,160,621.25. This represents a 1.47% 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 Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total value of $406,520.00. Following the transaction, the executive vice president directly owned 1,040,455 shares in the company, valued at $105,741,441.65. The trade was a 0.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 126,403 shares of company stock valued at $13,386,774 over the last quarter. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

WMT has been the topic of several analyst reports. The Goldman Sachs Group increased their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. JPMorgan Chase & Co. upped their target price on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Wells Fargo & Company set a $120.00 price target on Walmart and gave the company an “overweight” rating in a research note on Friday, November 21st. UBS Group set a $130.00 price target on Walmart in a report on Wednesday, December 3rd. Finally, BTIG Research reaffirmed a “buy” rating and issued a $125.00 price objective (up from $120.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.31.

Walmart Stock Performance

Walmart stock opened at $116.79 on Tuesday. The business has a 50 day moving average of $106.59 and a 200-day moving average of $101.66. The company has a market capitalization of $930.84 billion, a P/E ratio of 40.84, a P/E/G ratio of 5.40 and a beta of 0.64. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $117.45. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same period in the previous year, the firm posted $0.58 EPS. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. 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 year.

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.