Absher Wealth Management LLC Sells 32,137 Shares of Walmart Inc. $WMT

Key Points

• Absher Wealth Management reduced its Walmart position by 12% in the first quarter, selling 32,137 shares and leaving it with 235,312 shares valued at about $29.2 million.
• Walmart reported solid quarterly results, with EPS of $0.66 matching estimates and revenue of $177.75 billion beating expectations, while sales rose 7.4% year over year.
• Wall Street remains broadly positive on the stock, with a Moderate Buy consensus and an average price target of $138.85; recent commentary highlights Walmart’s defensive appeal and growth from Walmart+ and digital initiatives.

Absher Wealth Management LLC lessened its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 12.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 235,312 shares of the retailer's stock after selling 32,137 shares during the period. Walmart accounts for 3.4% of Absher Wealth Management LLC's portfolio, making the stock its 14th largest holding. Absher Wealth Management LLC's holdings in Walmart were worth $29,245,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Union Bancaire Privee UBP SA increased its stake in shares of Walmart by 253.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer's stock valued at $47,728,000 after acquiring an additional 275,337 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Walmart by 2.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer's stock worth $300,333,000 after acquiring an additional 68,632 shares during the last quarter. Vise Technologies Inc. boosted its stake in Walmart by 42.1% during the 4th quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer's stock worth $30,676,000 after acquiring an additional 81,635 shares during the last quarter. Life Cycle Investment Partners Ltd bought a new position in Walmart during the 4th quarter worth approximately $40,855,000. Finally, Winning Points Advisors LLC acquired a new position in Walmart during the fourth quarter valued at approximately $1,761,000. Institutional investors own 26.76% of the company's stock.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analysts and market commentary are emphasizing Walmart’s defensive profile versus peers, arguing that WMT offers strong recession-resistant exposure and an edge in AI integration and automation. Walmart Vs. Costco: Buy Walmart Over Costco for Defensive Coverage and AI Integration Superiority
• Positive Sentiment: Recent coverage says Walmart+ is helping drive recurring revenue, record membership additions, and stronger digital engagement, supported by faster delivery and broader omnichannel growth. Can Walmart+ Membership Keep WMT's Growth Momentum Alive?
• Positive Sentiment: Multiple articles frame WMT as a stock investors are watching closely, with one note highlighting that the shares have recently moved higher and asking whether they remain attractive to buy. Walmart NASDAQ: WMT Shares Up 1.5% - Time to Buy?
• Neutral Sentiment: Options-market activity suggests traders are positioning for a larger move in Walmart, but the headline does not specify direction, so the near-term impact is uncertain. Are Options Traders Betting on a Big Move in Walmart Stock?
• Neutral Sentiment: Other articles mainly compare Walmart with peers or note that it is trending among investors, which adds visibility but does not point to a clear catalyst on its own. JSAIY or WMT: Which Is the Better Value Stock Right Now?

Walmart Trading Up 0.8%

Shares of NASDAQ:WMT opened at $114.78 on Tuesday. The firm has a market cap of $913.43 billion, a price-to-earnings ratio of 40.27, a PEG ratio of 4.25 and a beta of 0.60. Walmart Inc. has a 12 month low of $94.38 and a 12 month high of $135.15. The company's fifty day simple moving average is $120.14 and its 200 day simple moving average is $122.06. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT - Get Free Report) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts' consensus estimates of $0.66. The firm had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, research analysts forecast that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. TD Cowen reaffirmed a "buy" rating and issued a $150.00 target price (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. Tigress Financial reissued a "buy" rating and issued a $155.00 price target (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Guggenheim boosted their price target on shares of Walmart from $120.00 to $137.00 and gave the company a "buy" rating in a report on Monday, April 13th. BTIG Research restated a "buy" rating and issued a $145.00 price objective on shares of Walmart in a research report on Wednesday, June 3rd. Finally, BNP Paribas Exane dropped their price objective on Walmart from $147.00 to $146.00 and set an "outperform" rating on the stock in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Walmart presently has a consensus rating of "Moderate Buy" and an average price target of $138.85.

Insider Buying and Selling

In related news, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the sale, the executive vice president owned 125,067 shares of the company's stock, valued at approximately $14,985,527.94. This trade represents a 8.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the business's stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. The trade was a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 104,505 shares of company stock valued at $12,858,514. Corporate insiders own 0.09% of the company's stock.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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