Exencial Wealth Advisors LLC Sells 4,095 Shares of Walmart Inc. $WMT

Key Points

• Exencial Wealth Advisors LLC has reduced its stake in Walmart by 14.6%, selling 4,095 shares and now holding a total of 24,030 shares worth $2,350,000.
• Several institutional investors have increased their positions in Walmart, with notable increases from Cookson Peirce & Co. Inc. and Brookstone Capital Management, among others.
• Walmart's latest earnings report revealed a miss on EPS expectations, reporting $0.68 instead of the anticipated $0.74, alongside a net margin of 3.08% and a total revenue of $169.34 billion.

Exencial Wealth Advisors LLC cut its stake in Walmart Inc. (NYSE:WMT - Free Report) by 14.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,030 shares of the retailer's stock after selling 4,095 shares during the period. Exencial Wealth Advisors LLC's holdings in Walmart were worth $2,350,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in WMT. Cookson Peirce & Co. Inc. lifted its stake in Walmart by 6.5% in the second quarter. Cookson Peirce & Co. Inc. now owns 4,481 shares of the retailer's stock valued at $438,000 after buying an additional 273 shares during the period. Brookstone Capital Management lifted its stake in Walmart by 6.3% in the second quarter. Brookstone Capital Management now owns 264,912 shares of the retailer's stock valued at $25,903,000 after buying an additional 15,718 shares during the period. Phillips Financial Management LLC lifted its stake in Walmart by 1.6% in the second quarter. Phillips Financial Management LLC now owns 7,478 shares of the retailer's stock valued at $731,000 after buying an additional 118 shares during the period. Jacobsen Capital Management lifted its stake in Walmart by 13.7% in the second quarter. Jacobsen Capital Management now owns 9,615 shares of the retailer's stock valued at $940,000 after buying an additional 1,159 shares during the period. Finally, Retirement Planning Group LLC lifted its stake in Walmart by 4.6% in the second quarter. Retirement Planning Group LLC now owns 33,535 shares of the retailer's stock valued at $3,279,000 after buying an additional 1,472 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Guggenheim reissued a "buy" rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Bank of America boosted their price target on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. The Goldman Sachs Group boosted their price target on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. Piper Sandler reaffirmed an "overweight" rating and set a $111.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Finally, BTIG Research began coverage on Walmart in a research report on Tuesday, October 14th. They set a "buy" rating and a $120.00 target price on the stock. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $112.67.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the transaction, the chief executive officer directly owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president owned 623,918 shares in the company, valued at $60,750,895.66. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 131,622 shares of company stock worth $13,444,273. 0.10% of the stock is currently owned by insiders.

Walmart Price Performance

Shares of NYSE:WMT opened at $107.05 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 stock's fifty day simple moving average is $101.92 and its two-hundred day simple moving average is $98.28. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The stock has a market cap of $853.47 billion, a PE ratio of 40.24, a price-to-earnings-growth ratio of 5.00 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter last year, the business posted $0.67 earnings per share. Walmart's revenue 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. As a group, analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal 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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