Cyrus J. Lawrence LLC Has $583,000 Holdings in Walmart Inc. $WMT

Key Points

• Cyrus J. Lawrence LLC significantly reduced its stake in Walmart, selling 94.7% of its shares during the first quarter, leaving it with only 6,642 shares valued at $583,000.
• Multiple analysts have updated their ratings on Walmart, with Royal Bank Of Canada maintaining an "outperform" rating and setting a price target of $106, while Goldman Sachs raised its price target to $114.
• Walmart's recent quarterly earnings report revealed an EPS of $0.68, missing estimates, while the company continues to anticipate a revenue increase with a current fiscal year EPS forecasted at 2.55.

Cyrus J. Lawrence LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 94.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,642 shares of the retailer's stock after selling 117,827 shares during the period. Walmart comprises 2.2% of Cyrus J. Lawrence LLC's holdings, making the stock its 21st largest holding. Cyrus J. Lawrence LLC's holdings in Walmart were worth $583,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Retirement Planning Co of New England Inc. grew its position in shares of Walmart by 8.8% during the 1st quarter. Retirement Planning Co of New England Inc. now owns 11,456 shares of the retailer's stock worth $1,006,000 after purchasing an additional 931 shares in the last quarter. Calton & Associates Inc. grew its position in shares of Walmart by 372.1% during the 1st quarter. Calton & Associates Inc. now owns 22,564 shares of the retailer's stock worth $1,981,000 after purchasing an additional 17,785 shares in the last quarter. Saudi Central Bank acquired a new position in shares of Walmart during the 1st quarter worth approximately $153,000. Night Squared LP acquired a new position in shares of Walmart during the 1st quarter worth approximately $1,052,000. Finally, Centric Wealth Management grew its position in shares of Walmart by 25.9% during the 1st quarter. Centric Wealth Management now owns 28,178 shares of the retailer's stock worth $2,474,000 after purchasing an additional 5,800 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on WMT shares. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Truist Financial dropped their price objective on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. The Goldman Sachs Group increased their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. Wall Street Zen raised shares of Walmart from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Finally, Guggenheim reissued a "buy" rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $110.59.

Walmart Trading Up 0.9%

WMT opened at $96.97 on Friday. Walmart Inc. has a 1-year low of $75.67 and a 1-year high of $105.30. 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 cap of $773.85 billion, a P/E ratio of 36.45, a price-to-earnings-growth ratio of 4.66 and a beta of 0.66. The company has a fifty day moving average price of $98.12 and a two-hundred day moving average price of $95.36.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period last year, the firm posted $0.67 earnings per share. The company'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. Analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $95.24, for a total transaction of $380,960.00. Following the completion of the transaction, the executive vice president directly owned 1,060,455 shares in the company, valued at $100,997,734.20. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the transaction, the executive vice president owned 626,118 shares in the company, valued at approximately $61,547,399.40. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 101,966 shares of company stock valued at $9,858,673 over the last three months. Corporate insiders own 0.10% of the company's stock.

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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