Beverly Hills Private Wealth LLC Sells 10,770 Shares of Walmart Inc. $WMT

Key Points

• Beverly Hills Private Wealth LLC cut its Walmart stake by 52% in the second quarter, selling 10,770 shares and retaining 9,947 shares valued at approximately $1.13 million.
• Walmart beat quarterly expectations with adjusted EPS of $0.81 and revenue of $187.94 billion, up 5.9% year over year. However, U.S. comparable sales growth of 2.6% and weaker-than-expected third-quarter guidance raised concerns about the core business.
• Analysts remain broadly positive, with Walmart holding a “Moderate Buy” consensus rating and an average price target of $131.88, although several firms recently lowered their targets following the earnings release.

Beverly Hills Private Wealth LLC lowered its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 52.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,947 shares of the retailer's stock after selling 10,770 shares during the quarter. Beverly Hills Private Wealth LLC's holdings in Walmart were worth $1,127,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in WMT. Entrust Financial LLC purchased a new position in shares of Walmart during the 4th quarter valued at about $27,000. Merkkuri Wealth Advisors LLC bought a new position in shares of Walmart during the 1st quarter valued at $29,000. Bay Harbor Wealth Management LLC grew its holdings in shares of Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer's stock valued at $32,000 after purchasing an additional 105 shares during the last quarter. Sankala Group LLC purchased a new position in Walmart in the 4th quarter worth $33,000. Finally, Motiv8 Investments LLC bought a new stake in Walmart in the fourth quarter worth $34,000. Institutional investors own 26.76% of the company's stock.

Walmart Price Performance

Shares of NASDAQ WMT opened at $103.70 on Friday. Walmart Inc. has a fifty-two week low of $95.42 and a fifty-two week high of $135.15. The company has a 50 day simple moving average of $113.35 and a two-hundred day simple moving average of $121.26. The company has a market capitalization of $825.25 billion, a price-to-earnings ratio of 37.44, a P/E/G ratio of 3.94 and a beta of 0.61. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT - Get Free Report) last released its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The business had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. During the same period in the previous year, the company posted $0.68 earnings per share. The company's revenue for the quarter was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Analysts expect that Walmart Inc. will post 2.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on WMT. BTIG Research cut their price target on shares of Walmart from $145.00 to $140.00 and set a "buy" rating for the company in a research report on Friday. Roth Capital restated a "buy" rating on shares of Walmart in a research report on Friday. Robert W. Baird decreased their price target on Walmart from $140.00 to $120.00 and set an "outperform" rating on the stock in a research note on Friday. Truist Financial set a $114.00 price objective on Walmart and gave the company a "buy" rating in a research note on Friday. Finally, Cantor Fitzgerald upgraded shares of Walmart to a "buy" rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Walmart currently has an average rating of "Moderate Buy" and an average price target of $131.88.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, beating consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart earnings report
• Positive Sentiment: Growth businesses remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These trends support the long-term investment case despite slower core-store growth. Walmart second-quarter highlights
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to help lower prices, potentially strengthening its value proposition as consumers become more budget-conscious. The rollout of tap-to-pay, including Apple Pay and Google Pay, may also improve checkout convenience. Walmart tap to pay rollout
• Neutral Sentiment: Several analysts retained bullish ratings—including buy, outperform, and overweight—but lowered price targets after the earnings release. New targets range from $120 to $140, indicating analysts still see meaningful upside but have moderated their expectations.
• Negative Sentiment: U.S. comparable sales grew 2.6%, below expectations near 3.5%, marking Walmart’s weakest domestic comparable-sales growth in more than six years. Analysts cited weakness in health and wellness and questioned the trajectory of the core U.S. business.
• Negative Sentiment: Third-quarter guidance fell short of consensus: Walmart projected adjusted EPS of $0.62–$0.64 versus $0.68 expected and revenue of $183.1–$184.5 billion versus $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points.
• Negative Sentiment: The stock’s elevated valuation increases sensitivity to any slowdown, while higher energy costs and consumer trade-offs are raising broader concerns about the health of U.S. retail spending.

Insider Activity at Walmart

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of the firm's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $106.34, for a total transaction of $308,386.00. Following the completion of the sale, the executive vice president directly owned 569,153 shares in the company, valued at approximately $60,523,730.02. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the company's stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the transaction, the executive vice president owned 125,067 shares in the company, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 57,064 shares of company stock worth $6,697,788 in the last ninety days. 0.09% of the stock is currently owned by company insiders.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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