Ameritas Advisory Services LLC Sells 40,400 Shares of Walmart Inc. $WMT

Key Points

• Ameritas Advisory Services LLC reduced its stake in Walmart Inc. by 39.3%, selling 40,400 shares and bringing its total holdings to 62,346 shares, valued at approximately $6.1 million.
• Institutional investors hold 26.76% of Walmart's stock, with notable increases in holdings from firms such as Empirical Wealth Management and DHJJ Financial Advisors, which raised their positions by 18.3% and 41.9% respectively.
• Walmart reported earnings per share of $0.68, missing expectations of $0.74, despite a year-over-year revenue increase of 4.8% to $169.34 billion.

Ameritas Advisory Services LLC lessened its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 39.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 62,346 shares of the retailer's stock after selling 40,400 shares during the period. Ameritas Advisory Services LLC's holdings in Walmart were worth $6,096,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in WMT. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in Walmart by 18.3% in the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 226,945 shares of the retailer's stock worth $22,191,000 after acquiring an additional 35,143 shares during the period. DHJJ Financial Advisors Ltd. raised its position in Walmart by 41.9% in the second quarter. DHJJ Financial Advisors Ltd. now owns 3,359 shares of the retailer's stock worth $328,000 after acquiring an additional 992 shares during the period. Custos Family Office LLC raised its holdings in Walmart by 25.2% in the 2nd quarter. Custos Family Office LLC now owns 3,619 shares of the retailer's stock worth $354,000 after purchasing an additional 728 shares during the period. Yeomans Consulting Group Inc. bought a new position in Walmart in the 2nd quarter worth $208,000. Finally, 1900 Wealth Management LLC raised its holdings in Walmart by 2.2% in the 2nd quarter. 1900 Wealth Management LLC now owns 9,957 shares of the retailer's stock worth $974,000 after purchasing an additional 210 shares during the period. Institutional investors own 26.76% of the company's stock.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the sale, the chief executive officer owned 4,373,576 shares of the company's stock, valued at $451,396,778.96. The trade was a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president directly owned 621,718 shares in the company, valued at approximately $62,998,684.94. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on WMT. KeyCorp raised their price objective on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. JPMorgan Chase & Co. decreased their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Evercore ISI restated an "outperform" rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Piper Sandler restated an "overweight" rating and set a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Trading Up 0.4%

Walmart stock opened at $102.15 on Friday. The stock has a market cap of $814.46 billion, a P/E ratio of 38.40, a PEG ratio of 4.81 and a beta of 0.67. 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 Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. The firm's 50 day moving average price is $100.77 and its 200-day moving average price is $96.68.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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.

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