Callahan Advisors LLC Lowers Position in Walmart Inc. $WMT

Key Points

• Callahan Advisors LLC has reduced its stake in Walmart Inc. by 9.9%, now holding 155,545 shares valued at approximately $15.2 million, making Walmart its 24th largest investment.
• Walmart's earnings report showed an EPS of $0.68, missing analysts' expectations, with revenues of $169.34 billion, below the projected $174.02 billion.
• Insider sales at Walmart totaled 136,363 shares worth about $13.7 million over the last ninety days, with only 0.10% of the stock currently held by insiders.

Callahan Advisors LLC cut its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 9.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 155,545 shares of the retailer's stock after selling 17,067 shares during the period. Walmart comprises about 1.4% of Callahan Advisors LLC's investment portfolio, making the stock its 24th biggest position. Callahan Advisors LLC's holdings in Walmart were worth $15,209,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Weatherly Asset Management L. P. lifted its position in Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer's stock valued at $5,489,000 after purchasing an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its position in Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock valued at $3,355,000 after purchasing an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new position in Walmart during the first quarter valued at $2,107,000. Night Squared LP purchased a new position in shares of Walmart in the first quarter valued at about $1,052,000. Finally, Monument Capital Management lifted its position in shares of Walmart by 94.2% in the first quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after acquiring an additional 26,685 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Price Performance

NYSE:WMT opened at $109.05 on Thursday. 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 company has a market capitalization of $869.45 billion, a P/E ratio of 41.00, a P/E/G ratio of 5.05 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.56. The business's 50-day moving average is $101.55 and its 200 day moving average is $97.61.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 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 analysts' expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. On average, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the sale, the executive vice president directly owned 906,064 shares of the company's stock, valued at $93,995,079.36. The trade was a 1.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through 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 stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at $108,861,082.65. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 136,363 shares of company stock valued at $13,668,438 over the last ninety days. 0.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on WMT shares. Piper Sandler restated an "overweight" rating and issued a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Royal Bank Of Canada restated an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Truist Financial lowered their price objective on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. DA Davidson set a $117.00 price objective on Walmart in a research report on Wednesday. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Walmart in a research report on Wednesday, October 8th. Thirty-one research 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 stock has a consensus rating of "Moderate Buy" and a consensus target price of $112.63.

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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