Bellecapital International Ltd. Sells 42,493 Shares of Walmart Inc. $WMT

Key Points

• Bellecapital International Ltd. sold 42,493 shares of Walmart Inc., reducing its holdings by 17.5%, and the remaining shares were valued at approximately $19.5 million.
• Several institutional investors, including Werba Rubin Papier Wealth Management and Turtle Creek Wealth Advisors, increased their holdings in Walmart during the second quarter, indicating a growing confidence in the retailer.
• Walmart's recent earnings report showed an EPS of $0.68, which fell short of analyst expectations, contributing to a slight decline in stock price by 2.5%.

Bellecapital International Ltd. lowered its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 17.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 199,845 shares of the retailer's stock after selling 42,493 shares during the period. Walmart accounts for approximately 3.5% of Bellecapital International Ltd.'s holdings, making the stock its 11th largest position. Bellecapital International Ltd.'s holdings in Walmart were worth $19,541,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Werba Rubin Papier Wealth Management grew its holdings in Walmart by 36.1% during the second quarter. Werba Rubin Papier Wealth Management now owns 4,347 shares of the retailer's stock worth $425,000 after purchasing an additional 1,152 shares during the period. Evernest Financial Advisors LLC grew its holdings in Walmart by 7.0% during the second quarter. Evernest Financial Advisors LLC now owns 18,594 shares of the retailer's stock worth $1,818,000 after purchasing an additional 1,221 shares during the period. Omnia Family Wealth LLC boosted its holdings in shares of Walmart by 12.8% during the second quarter. Omnia Family Wealth LLC now owns 6,666 shares of the retailer's stock worth $652,000 after acquiring an additional 756 shares during the period. Turtle Creek Wealth Advisors LLC boosted its holdings in shares of Walmart by 44.3% during the second quarter. Turtle Creek Wealth Advisors LLC now owns 19,138 shares of the retailer's stock worth $1,871,000 after acquiring an additional 5,875 shares during the period. Finally, WJ Wealth Management LLC bought a new stake in shares of Walmart during the second quarter worth approximately $201,000. Institutional investors own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on WMT shares. The Goldman Sachs Group boosted their price objective on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Bank of America boosted their price objective on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Tigress Financial lifted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 3rd. Telsey Advisory Group reiterated an "outperform" rating and issued a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $106.00 price target on shares of Walmart in a research report on Friday, August 22nd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Walmart has an average rating of "Moderate Buy" and a consensus target price of $112.63.

Walmart Stock Down 2.5%

Shares of WMT opened at $106.30 on Friday. Walmart Inc. has a one year low of $79.81 and a one year high of $109.58. The company has a market cap of $847.51 billion, a P/E ratio of 39.96, a P/E/G ratio of 5.14 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. The firm has a 50 day simple moving average of $101.61 and a two-hundred day simple moving average of $97.73.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the firm earned $0.67 earnings per share. The firm'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. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the transaction, the executive vice president directly owned 623,918 shares in the company, valued at $60,750,895.66. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares of the company's stock, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 136,363 shares of company stock valued at $13,668,438. 0.10% of the stock is currently owned by insiders.

Walmart 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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