Busey Bank lessened its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 3.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,824 shares of the retailer's stock after selling 3,548 shares during the quarter. Busey Bank's holdings in Walmart were worth $8,881,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in WMT. Brighton Jones LLC lifted its position in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after buying an additional 21,939 shares during the period. Revolve Wealth Partners LLC boosted its stake in Walmart by 5.8% in the 4th 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 raised its holdings in shares of Walmart by 34.9% during the 4th quarter. Two Sigma Advisers LP now owns 66,900 shares of the retailer's stock worth $6,044,000 after acquiring an additional 17,300 shares in the last quarter. Harmony Asset Management LLC purchased a new stake in shares of Walmart during the 4th quarter worth approximately $219,000. Finally, Vise Technologies Inc. raised its holdings in Walmart by 30.8% during the 4th quarter. Vise Technologies Inc. now owns 138,586 shares of the retailer's stock valued at $12,521,000 after buying an additional 32,665 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Walmart
In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total value of $1,863,353.52. Following the sale, the chief executive officer owned 4,392,985 shares in the company, valued at $421,594,770.45. This represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value 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 approximately $184,921,584. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 134,107 shares of company stock worth $13,183,727. Insiders own 0.10% of the company's stock.
Walmart Stock Down 1.2%
Shares of WMT stock opened at $102.40 on Friday. The stock has a 50 day moving average of $99.40 and a 200 day moving average of $95.64. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market cap of $816.42 billion, a P/E ratio of 38.50, a P/E/G ratio of 4.88 and a beta of 0.65. Walmart Inc. has a twelve month low of $78.11 and a twelve month high of $106.11.
Walmart (NYSE:WMT - Get Free Report) last issued its quarterly 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). The firm had revenue of $169.34 billion during 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 revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.67 earnings per share. 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, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on WMT shares. The Goldman Sachs Group increased their target price on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Tigress Financial increased their price target on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 3rd. Oppenheimer increased their price target on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Finally, Mizuho reissued an "outperform" rating and set a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $112.03.
Get Our Latest Stock Report on Walmart
Walmart Profile
(
Free Report)
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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