Insight Wealth Strategies LLC Trims Stock Position in Walmart Inc. $WMT

Key Points

• Insight Wealth Strategies LLC reduced its stake in Walmart Inc. by 13.9%, selling 2,988 shares and bringing its total holdings to 18,561 shares valued at approximately $1.82 million.
• Several institutional investors significantly increased their shares in Walmart, with Ontario Teachers Pension Plan Board raising its stake by an impressive 28,684.8% during the first quarter.
• Despite missing earnings estimates, Walmart reported a 4.8% year-over-year revenue growth for the quarter, with a revenue of $169.34 billion, while setting Q3 2026 EPS guidance between 0.580-0.600.

Insight Wealth Strategies LLC lessened its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 13.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,561 shares of the retailer's stock after selling 2,988 shares during the period. Insight Wealth Strategies LLC's holdings in Walmart were worth $1,823,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of WMT. Nuveen LLC purchased a new position in shares of Walmart during the first quarter valued at approximately $2,532,331,000. GAMMA Investing LLC lifted its stake in shares of Walmart by 9,896.9% during the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock valued at $697,029,000 after buying an additional 7,860,306 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of 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 buying an additional 7,706,201 shares during the period. Wellington Management Group LLP lifted its stake in shares of Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock valued at $591,620,000 after buying an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board lifted its stake in shares of Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock valued at $371,295,000 after buying an additional 4,214,661 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WMT. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Mizuho reissued an "outperform" rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Tigress Financial upped their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 3rd. JPMorgan Chase & Co. dropped their price target 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. Finally, Oppenheimer upped their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $110.76.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the sale, the executive vice president owned 919,189 shares of the company's stock, valued at $90,586,075.95. This represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the sale, the executive vice president directly owned 623,918 shares of the company's stock, valued at approximately $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. Over the last ninety days, insiders have sold 121,382 shares of company stock valued at $11,718,441. 0.10% of the stock is owned by corporate insiders.

Walmart Price Performance

Walmart stock opened at $103.48 on Friday. Walmart Inc. has a 52-week low of $77.49 and a 52-week high of $105.30. The firm has a fifty day moving average of $98.71 and a 200-day moving average of $95.40. The firm has a market capitalization of $825.03 billion, a P/E ratio of 38.90, a PEG ratio of 4.93 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.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data 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 return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same period in the previous year, the company earned $0.67 EPS. 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 predict that Walmart Inc. will post 2.55 EPS for the current year.

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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