Bartlett & CO. Wealth Management LLC Has $39.43 Million Stock Holdings in Walmart Inc. $WMT

Key Points

• Bartlett & CO. Wealth Management LLC reduced its holdings in Walmart Inc. by 1.0%, owning 403,198 shares worth approximately $39.43 million after selling 4,050 shares in the second quarter.
• Institutional investors currently hold 26.76% of Walmart's stock, with several firms making significant increases in their positions, indicating renewed confidence in the retailer's market performance.
• Walmart's recent quarterly earnings revealed a missed EPS estimate of $0.68 compared to a consensus of $0.74, alongside revenues of $169.34 billion, below analyst expectations of $174.02 billion.

Bartlett & CO. Wealth Management LLC decreased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 1.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 403,198 shares of the retailer's stock after selling 4,050 shares during the quarter. Bartlett & CO. Wealth Management LLC's holdings in Walmart were worth $39,425,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Operose Advisors LLC raised its position in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC increased its stake in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after acquiring an additional 233 shares during the period. Bear Mountain Capital Inc. raised its holdings in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after acquiring an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after acquiring an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC lifted its position in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after acquiring an additional 115 shares during the period. 26.76% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the sale, the executive vice president directly owned 932,313 shares in the company, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 149,032 shares of company stock worth $14,860,951. 0.10% of the stock is owned by company insiders.

Analyst Ratings Changes

WMT has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Tigress Financial boosted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Telsey Advisory Group reaffirmed an "outperform" rating and set a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Truist Financial decreased their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Finally, Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Price Performance

NYSE:WMT opened at $101.97 on Thursday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a market cap of $812.99 billion, a PE ratio of 38.33, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67. Walmart Inc. has a 12 month low of $78.98 and a 12 month high of $106.11. The company's 50-day moving average price is $100.58 and its two-hundred day moving average price is $96.40.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $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. On average, equities analysts anticipate that Walmart Inc. will post 2.55 EPS 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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