Farmers Trust Co. Sells 17,372 Shares of Walmart Inc. $WMT

Key Points

• Farmers Trust Co. sold 17,372 shares of Walmart Inc., reducing its holdings by 25.9% during the second quarter, now owning 49,665 shares valued at approximately $4.86 million.
• Despite a 4.8% year-over-year revenue increase to $169.34 billion, Walmart's earnings per share for the latest quarter missed consensus estimates, reporting $0.68 vs. an expected $0.74.
• Analysts maintain a generally positive outlook on Walmart, with 29 analysts rating it as a "Buy" and an average target price of $112.62, although JPMorgan recently lowered its price target from $130 to $127.

Farmers Trust Co. lowered its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 25.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,665 shares of the retailer's stock after selling 17,372 shares during the quarter. Farmers Trust Co.'s holdings in Walmart were worth $4,856,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. 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 worth $28,000 after acquiring an additional 243 shares during the last quarter. Bear Mountain Capital Inc. increased its holdings in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after acquiring an additional 294 shares during the period. Ridgewood Investments LLC boosted its position in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after acquiring an additional 115 shares during the period. Finally, EQ Wealth Advisors LLC bought a new stake in shares of Walmart in the first quarter valued at about $35,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Performance

Shares of WMT stock opened at $102.79 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. The stock has a 50 day moving average price of $99.54 and a two-hundred day moving average price of $95.72. The company has a market capitalization of $819.53 billion, a P/E ratio of 38.64, a PEG ratio of 4.82 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last posted 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 net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. During the same period last year, the firm posted $0.67 earnings per share. Walmart's quarterly 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. Analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WMT has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Bank of America upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. KeyCorp boosted their target price on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Mizuho reissued an "outperform" rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Finally, Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Twenty-nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $112.62.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the transaction, the chief executive officer directly owned 4,412,398 shares of the company's stock, valued at approximately $421,737,000.84. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the sale, the executive vice president directly owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock valued at $14,960,635 over the last three months. 0.10% of the stock is currently owned by corporate insiders.

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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