Fermata Advisors LLC Sells 9,364 Shares of Walmart Inc. $WMT

Key Points

• Fermata Advisors LLC has significantly reduced its position in Walmart Inc. by selling 9,364 shares, resulting in a 66.0% decrease in its holdings, valuing them at approximately $472,000.
• Despite the sale by Fermata Advisors, other major investors like Vanguard Group and Goldman Sachs have increased their stakes in Walmart, reflecting a mixed sentiment among institutional investors.
• Walmart's latest earnings report showed a quarterly EPS of $0.68, missing expectations, with revenues of $169.34 billion, leading analysts to anticipate a challenging outlook for the company.

Fermata Advisors LLC reduced its position in Walmart Inc. (NYSE:WMT - Free Report) by 66.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,827 shares of the retailer's stock after selling 9,364 shares during the quarter. Fermata Advisors LLC's holdings in Walmart were worth $472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Walmart by 1.3% during the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock valued at $2,710,665,000 after purchasing an additional 387,424 shares in the last quarter. Invesco Ltd. raised its stake in Walmart by 2.9% during the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after purchasing an additional 823,020 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in Walmart during the first quarter valued at $2,532,331,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

Shares of Walmart stock opened at $103.40 on Wednesday. The firm has a market capitalization of $824.39 billion, a P/E ratio of 38.87, a PEG ratio of 4.98 and a beta of 0.65. 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 company has a 50 day moving average price of $98.93 and a 200 day moving average price of $95.48. Walmart Inc. has a 52 week low of $77.49 and a 52 week high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous 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. Sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, July 24th. The shares were 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. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 151,232 shares of company stock valued at $14,822,719. 0.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. KeyCorp upped their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Royal Bank Of Canada reiterated an "outperform" rating and set a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Oppenheimer boosted their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Finally, Evercore ISI reiterated an "outperform" rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $110.76.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.