Annex Advisory Services LLC Has $1.39 Million Stake in Walmart Inc. $WMT

Key Points

• Annex Advisory Services LLC reduced its stake in Walmart Inc. by 16.1%, holding approximately $1.39 million worth of shares after selling 2,733 shares in the second quarter.
• Several institutional investors have increased their positions, with Brighton Jones LLC boosting its stake by 28.8%, now owning 98,150 shares valued at $8.87 million.
• Walmart's recent earnings report showed an EPS of $0.68, which was lower than the expected $0.74, while revenue for the quarter reached $169.34 billion.

Annex Advisory Services LLC trimmed its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 16.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,205 shares of the retailer's stock after selling 2,733 shares during the quarter. Annex Advisory Services LLC's holdings in Walmart were worth $1,389,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Brighton Jones LLC boosted its position in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC boosted its position in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after purchasing an additional 485 shares during the period. Two Sigma Advisers LP boosted its position in Walmart by 34.9% during the fourth quarter. Two Sigma Advisers LP now owns 66,900 shares of the retailer's stock worth $6,044,000 after purchasing an additional 17,300 shares during the period. North Star Asset Management Inc. boosted its position in shares of Walmart by 3.8% in the fourth quarter. North Star Asset Management Inc. now owns 10,645 shares of the retailer's stock valued at $962,000 after acquiring an additional 390 shares during the period. Finally, Vermillion Wealth Management Inc. bought a new stake in shares of Walmart in the fourth quarter valued at about $786,000. 26.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WMT. KeyCorp boosted their target price on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. JPMorgan Chase & Co. cut their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Tigress Financial upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 3rd. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Finally, Guggenheim reaffirmed a "buy" rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $112.03.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the completion of the sale, the executive vice president directly owned 623,918 shares of the company's stock, valued at approximately $60,750,895.66. This represents a 0.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the sale, the executive vice president directly owned 919,189 shares of the company's stock, valued at $90,586,075.95. The trade was a 1.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 134,107 shares of company stock worth $13,183,727 in the last three months. 0.10% of the stock is owned by corporate insiders.

Walmart Price Performance

Walmart stock opened at $102.40 on Monday. The stock has a market capitalization of $816.42 billion, a price-to-earnings ratio of 38.50, a PEG ratio of 4.82 and a beta of 0.65. Walmart Inc. has a 52-week low of $78.11 and a 52-week high of $106.11. The stock's 50 day moving average price is $99.40 and its two-hundred day moving average price is $95.64. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT - Get Free Report) last issued its 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the business earned $0.67 earnings per share. Walmart's revenue for the quarter was up 4.8% on a year-over-year basis. 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 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.

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