Deltec Asset Management LLC Cuts Stock Holdings in Walmart Inc. $WMT

Key Points

• Deltec Asset Management LLC reduced its stake in Walmart Inc. by 3.0%, selling 3,576 shares, and now owns 115,017 shares valued at approximately $11.2 million.
• Multiple institutional investors have modified their holdings in Walmart, with some increasing their stakes slightly during recent quarters.
• Recent analyst ratings have been largely positive, with Walmart receiving a consensus rating of "Moderate Buy" and an average price target of $112.38.

Deltec Asset Management LLC reduced its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 3.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,017 shares of the retailer's stock after selling 3,576 shares during the period. Walmart accounts for approximately 2.0% of Deltec Asset Management LLC's portfolio, making the stock its 11th largest position. Deltec Asset Management LLC's holdings in Walmart were worth $11,246,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of WMT. Bedel Financial Consulting Inc. increased its stake in shares of Walmart by 0.4% during the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after purchasing an additional 102 shares in the last quarter. Scott & Selber Inc. increased its stake in shares of Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock valued at $256,000 after purchasing an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC increased its stake in shares of Walmart by 1.4% during the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock valued at $684,000 after purchasing an additional 105 shares in the last quarter. Lauterbach Financial Advisors LLC increased its stake in shares of Walmart by 1.8% during the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after purchasing an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its stake in shares of Walmart by 1.4% during the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock valued at $685,000 after purchasing an additional 106 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WMT has been the topic of a number of recent analyst reports. Tigress Financial increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Wolfe Research initiated coverage on shares of Walmart in a report on Thursday, September 18th. They set an "outperform" rating and a $129.00 price target on the stock. Bank of America increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 17th. Finally, Piper Sandler reiterated an "overweight" rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Walmart has an average rating of "Moderate Buy" and a consensus price target of $112.38.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president owned 932,313 shares in the company, valued at $88,700,258.82. This trade represents a 1.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total transaction of $403,840.00. Following the transaction, the executive vice president owned 1,052,455 shares in the company, valued at $106,255,856.80. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 149,032 shares of company stock worth $14,860,951. 0.10% of the stock is owned by insiders.

Walmart Trading Down 1.1%

Shares of WMT stock opened at $101.97 on Thursday. Walmart Inc. has a 12-month low of $78.98 and a 12-month high of $106.11. 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 firm's 50 day moving average is $100.58 and its 200 day moving average is $96.40. The stock has a market capitalization of $812.99 billion, a P/E ratio of 38.33, a P/E/G ratio of 4.86 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter in the prior year, the business posted $0.67 EPS. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

About Walmart

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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