Demars Financial Group LLC Cuts Holdings in Walmart Inc. $WMT

Key Points

• Demars Financial Group LLC significantly reduced its holdings in Walmart Inc. by 98.7%, selling 304,290 shares and retaining only 3,871 shares, valued at $379,000.
• Several institutional investors, including Operose Advisors LLC and PFS Partners LLC, have increased their stakes in Walmart, with increases up to 432.4% reported in recent quarters.
• Walmart's stock has shown varying price performance with a 52-week low of $79.81 and a high of $109.57, and the company reported a quarterly earnings miss with a net revenue of $169.34 billion.

Demars Financial Group LLC trimmed its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 98.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,871 shares of the retailer's stock after selling 304,290 shares during the period. Demars Financial Group LLC's holdings in Walmart were worth $379,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in WMT. Operose Advisors LLC boosted its stake in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC boosted its stake in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after purchasing an additional 233 shares during the last quarter. Bear Mountain Capital Inc. boosted its stake in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after buying an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after buying an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC boosted its stake in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after buying an additional 115 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,550 shares of the firm's stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total transaction of $166,563.00. Following the sale, the executive vice president directly owned 644,418 shares of the company's stock, valued at $69,249,158.28. This trade represents a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president directly owned 621,718 shares in the company, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 147,038 shares of company stock valued at $14,869,054. 0.10% of the stock is currently owned by corporate insiders.

Walmart Price Performance

NYSE:WMT opened at $107.80 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The business's 50-day simple moving average is $101.69 and its two-hundred day simple moving average is $98.00. The stock has a market cap of $859.50 billion, a PE ratio of 40.53, a P/E/G ratio of 5.08 and a beta of 0.67. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly 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 business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart's revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business 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, analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of research reports. Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. The Goldman Sachs Group raised their price target on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Evercore ISI reaffirmed an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Walmart in a report on Wednesday, October 8th. Finally, Oppenheimer raised their target price on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.63.

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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