Envestnet Portfolio Solutions Inc. Trims Stock Position in Walmart Inc. $WMT

Envestnet Portfolio Solutions Inc. trimmed its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 9.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 179,907 shares of the retailer's stock after selling 18,979 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Walmart were worth $17,591,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of WMT. Operose Advisors LLC increased its stake in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after acquiring an additional 243 shares during the period. PFS Partners LLC boosted its holdings in Walmart by 267.8% in 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 in the last quarter. Ridgewood Investments LLC increased its position in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after purchasing an additional 115 shares during the period. Bear Mountain Capital Inc. raised its stake in shares of Walmart by 98.2% during 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 in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings 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 valued at $32,000 after buying an additional 294 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares in the company, valued at $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the transaction, the executive vice president directly owned 906,064 shares of the company's stock, valued at approximately $93,995,079.36. This represents a 1.43% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 149,488 shares of company stock valued at $14,917,151. 0.10% of the stock is owned by company insiders.

Walmart Stock Up 0.2%

Shares of NYSE WMT opened at $102.04 on Tuesday. The firm's 50-day moving average is $101.27 and its two-hundred day moving average is $97.46. The company has a market capitalization of $813.51 billion, a PE ratio of 38.36, a price-to-earnings-growth ratio of 4.80 and a beta of 0.67. Walmart Inc. has a 12-month low of $79.76 and a 12-month high of $106.11. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data 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). The company had revenue of $169.34 billion for 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 company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter 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. Equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on WMT shares. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Guggenheim reiterated 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. Tigress Financial upped their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 3rd. Finally, Piper Sandler reiterated an "overweight" rating and set a $111.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $112.38.

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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