ARS Wealth Advisors Group LLC Cuts Stock Position in Walmart Inc. $WMT

Key Points

• ARS Wealth Advisors Group LLC reduced its stake in Walmart Inc. by 2.2%, owning 160,155 shares valued at approximately $15.66 million, making it the firm's 21st largest holding.
• Recent analyst ratings reflect a generally positive outlook, with a consensus target price of $112.03 and 30 analysts assigning a Buy rating to the stock.
• Insider activity saw significant sales, with executives selling over 134,000 shares totaling approximately $13.18 million in the last three months.

ARS Wealth Advisors Group LLC lowered its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 2.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 160,155 shares of the retailer's stock after selling 3,530 shares during the period. Walmart comprises about 1.8% of ARS Wealth Advisors Group LLC's portfolio, making the stock its 21st largest holding. ARS Wealth Advisors Group LLC's holdings in Walmart were worth $15,660,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of WMT. Bedel Financial Consulting Inc. boosted its holdings in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after purchasing an additional 102 shares during the last quarter. Scott & Selber Inc. boosted its holdings in shares of Walmart by 3.7% during the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after purchasing an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC boosted its holdings in shares of Walmart by 1.4% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock worth $684,000 after purchasing an additional 105 shares during the last quarter. Lauterbach Financial Advisors LLC boosted its holdings in shares of Walmart by 1.8% during the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock worth $517,000 after purchasing an additional 106 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC boosted its holdings in shares of Walmart by 1.4% during the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock worth $685,000 after purchasing an additional 106 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an "outperform" rating in a research report on Friday, August 22nd. KeyCorp lifted their price target 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. Tigress Financial boosted their target price on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 3rd. Bank of America boosted their target price on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, The Goldman Sachs Group upped their price objective on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, Walmart currently has an average rating of "Buy" and a consensus target price of $112.03.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total value of $1,855,781.28. Following the sale, the chief executive officer directly owned 4,412,398 shares in the company, valued at $421,737,000.84. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. This represents a 1.65% 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 valued at $13,183,727 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

Walmart Stock Performance

NYSE WMT traded down $1.20 during trading hours on Friday, hitting $102.40. 34,721,159 shares of the stock were exchanged, compared to its average volume of 16,094,947. The company has a market cap of $816.42 billion, a price-to-earnings ratio of 38.50, a price-to-earnings-growth ratio of 4.88 and a beta of 0.65. Walmart Inc. has a 12-month low of $78.11 and a 12-month high of $106.11. The stock has a 50-day moving average of $99.40 and a 200 day moving average of $95.64. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts' expectations of $174.02 billion. During the same period in the prior year, the company earned $0.67 earnings per share. The company'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. As a group, equities research analysts forecast 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.