Greenleaf Trust Has $12.81 Million Stock Holdings in Walmart Inc. $WMT

Key Points

• Greenleaf Trust reduced its stock holdings in Walmart Inc. by 3.0%, owning 130,996 shares valued at approximately $12.81 million.
• Walmart reported quarterly earnings of $0.68 per share, missing estimates, with revenues of $169.34 billion, below the projected $174.02 billion.
• Analysts have mixed views on Walmart's stock, with price targets ranging from $109 to $130, reflecting a consensus rating of "Moderate Buy."

Greenleaf Trust lowered its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 3.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 130,996 shares of the retailer's stock after selling 4,057 shares during the period. Greenleaf Trust's holdings in Walmart were worth $12,809,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after buying an additional 485 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of Walmart by 9.6% during the 1st quarter. Merit Financial Group LLC now owns 159,330 shares of the retailer's stock worth $13,988,000 after buying an additional 13,895 shares during the period. Smith Anglin Financial LLC boosted its holdings in shares of Walmart by 0.5% during the 1st quarter. Smith Anglin Financial LLC now owns 33,370 shares of the retailer's stock worth $2,930,000 after buying an additional 154 shares during the period. Finally, Whipplewood Advisors LLC grew its stake in Walmart by 10.1% in the 1st quarter. Whipplewood Advisors LLC now owns 2,830 shares of the retailer's stock valued at $230,000 after buying an additional 260 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of Walmart stock opened at $103.07 on Wednesday. The stock has a market cap of $821.76 billion, a price-to-earnings ratio of 38.75, a P/E/G ratio of 4.86 and a beta of 0.65. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11. The company's fifty day moving average is $100.45 and its 200 day moving average is $96.36. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly 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). 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 for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. decreased their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Truist Financial reduced their price target on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Evercore ISI reaffirmed an "outperform" rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Mizuho reissued an "outperform" rating and set a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Finally, Guggenheim restated 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. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.38.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total value of $1,248,712.50. Following the completion of the sale, the executive vice president owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. This trade represents a 1.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the firm's stock in a transaction dated 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 in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold 149,032 shares of company stock valued at $14,860,951 in the last ninety days. Insiders own 0.10% of the company's stock.

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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