Walmart Inc. $WMT Holdings Raised by Glenview Trust co

Key Points

• Glenview Trust Co increased its stake in Walmart Inc. by 0.5%, owning 848,748 shares valued at approximately $74.51 million.
• Several institutional investors have recently changed their positions in Walmart, with Brighton Jones LLC increasing its stake by 28.8% in the last quarter.
• Walmart reported a missed earnings expectation with $0.68 EPS versus the consensus estimate of $0.74, despite a year-over-year revenue increase of 4.8% to $169.34 billion.

Glenview Trust co increased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 0.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 848,748 shares of the retailer's stock after buying an additional 4,148 shares during the period. Walmart comprises approximately 1.4% of Glenview Trust co's holdings, making the stock its 18th biggest holding. Glenview Trust co's holdings in Walmart were worth $74,512,000 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. Night Squared LP purchased a new stake in Walmart during the 1st quarter worth $1,052,000. Gerber Kawasaki Wealth & Investment Management increased its stake in Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock worth $3,355,000 after buying an additional 9,831 shares during the period. Monument Capital Management increased its stake in Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock worth $4,829,000 after buying an additional 26,685 shares during the period. Ally Financial Inc. bought a new position in Walmart during the 1st quarter valued at $2,107,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Walmart by 11.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer's stock valued at $698,787,000 after acquiring an additional 838,689 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Activity

In other news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the completion of the transaction, the executive vice president owned 945,434 shares in the company, valued at approximately $90,619,848.90. This represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $95.14, for a total transaction of $380,560.00. Following the transaction, the executive vice president owned 1,056,455 shares of the company's stock, valued at $100,511,128.70. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 121,382 shares of company stock worth $11,718,441 over the last ninety days. Insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of WMT traded up $2.23 during midday trading on Thursday, hitting $102.64. 15,893,966 shares of the stock traded hands, compared to its average volume of 17,623,236. The business's 50 day moving average price is $98.61 and its two-hundred day moving average price is $95.37. The firm has a market capitalization of $818.33 billion, a PE ratio of 38.59, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65. 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 1-year low of $77.49 and a 1-year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm's revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on WMT shares. Telsey Advisory Group increased their price objective on shares of Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a research note on Friday, August 22nd. Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Evercore ISI reiterated an "outperform" rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Mizuho reiterated an "outperform" rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Finally, Robert W. Baird increased their price objective on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. 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 company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $110.76.

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.