Adams Diversified Equity Fund Inc. Sells 7,100 Shares of Walmart Inc. $WMT

Key Points

• Adams Diversified Equity Fund Inc. reduced its stake in Walmart Inc. by selling 7,100 shares, bringing its total ownership to 353,243 shares, which constitutes approximately 1.2% of its investment portfolio.
• Walmart's stock recently opened at $106.30, with a market cap of $847.51 billion and a P/E ratio of 39.96, reflecting recent earnings performance that missed analyst estimates.
• Several large institutional investors, including Vanguard and Goldman Sachs, increased their holdings in Walmart, indicating continued confidence in the retailer’s stock amid changing market conditions.

Adams Diversified Equity Fund Inc. trimmed its position in Walmart Inc. (NYSE:WMT - Free Report) by 2.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 353,243 shares of the retailer's stock after selling 7,100 shares during the period. Walmart accounts for approximately 1.2% of Adams Diversified Equity Fund Inc.'s investment portfolio, making the stock its 19th biggest position. Adams Diversified Equity Fund Inc.'s holdings in Walmart were worth $34,540,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares during the period. Kingstone Capital Partners Texas LLC increased its holdings in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. increased its holdings in Walmart by 30.1% in the first 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 period. Ameriprise Financial Inc. increased its holdings 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. Finally, Invesco Ltd. increased its holdings in Walmart by 2.9% in the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after purchasing an additional 823,020 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insider Activity at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the transaction, the executive vice president owned 623,918 shares of the company's stock, valued at $60,750,895.66. This represents a 0.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the transaction, the executive vice president directly owned 906,064 shares in the company, valued at approximately $93,995,079.36. This represents a 1.43% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 147,038 shares of company stock worth $14,869,054. 0.10% of the stock is currently owned by insiders.

Walmart Stock Performance

Shares of Walmart stock opened at $106.30 on Wednesday. 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 business has a 50-day moving average price of $101.80 and a two-hundred day moving average price of $98.22. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The company has a market cap of $847.51 billion, a P/E ratio of 39.96, a PEG ratio of 5.04 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on WMT shares. Telsey Advisory Group restated an "outperform" rating and issued a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Truist Financial decreased their price objective on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Tigress Financial increased their price objective on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. Finally, BTIG Research started coverage on Walmart in a report on Tuesday, October 14th. They set a "buy" rating and a $120.00 price target for the company. Thirty-one investment 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, the stock presently has an average rating of "Moderate Buy" and an average price target of $112.67.

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.

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