Invst LLC Decreases Position in Walmart Inc. $WMT

Key Points

• Invst LLC decreased its position in Walmart Inc. by 45.9% during the first quarter, retaining 21,572 shares worth approximately $1.89 million after selling 18,287 shares.
• Several institutional investors made significant adjustments to their stakes in Walmart, with modern Wealth Management LLC increasing its stake by 15.3%, while Nova Wealth Management Inc. saw a 93.1% increase.
• Walmart reported earnings of $0.68 EPS for the latest quarter, missing analysts' expectations of $0.74, with revenues of $169.34 billion against an estimate of $174.02 billion.

Invst LLC decreased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 45.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,572 shares of the retailer's stock after selling 18,287 shares during the quarter. Invst LLC's holdings in Walmart were worth $1,894,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Modern Wealth Management LLC lifted its stake in Walmart by 15.3% during the first quarter. Modern Wealth Management LLC now owns 62,202 shares of the retailer's stock worth $5,461,000 after purchasing an additional 8,234 shares during the last quarter. Nova Wealth Management Inc. lifted its stake in Walmart by 93.1% during the first quarter. Nova Wealth Management Inc. now owns 585 shares of the retailer's stock worth $51,000 after purchasing an additional 282 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Walmart by 40.5% during the first quarter. Jones Financial Companies Lllp now owns 461,806 shares of the retailer's stock worth $39,419,000 after purchasing an additional 133,134 shares during the last quarter. Strs Ohio purchased a new stake in Walmart during the first quarter worth approximately $147,784,000. Finally, Rollins Financial Advisors LLC increased its position in Walmart by 3.1% during the first quarter. Rollins Financial Advisors LLC now owns 7,318 shares of the retailer's stock worth $642,000 after buying an additional 222 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction 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 owned 4,412,398 shares of the company's stock, valued at $421,737,000.84. This represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $95.14, for a total value of $380,560.00. Following the transaction, the executive vice president directly owned 1,056,455 shares in the company, valued at $100,511,128.70. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 121,382 shares of company stock worth $11,718,441. Insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Guggenheim reaffirmed a "buy" rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Oppenheimer lifted their price target on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 price target (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. DA Davidson reaffirmed a "buy" rating and set a $117.00 price target on shares of Walmart in a research report on Friday, May 16th. Finally, Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $110.76.

Walmart Trading Up 2.2%

NYSE:WMT opened at $102.64 on Friday. The firm has a market cap of $818.33 billion, a P/E ratio of 38.59, a PEG ratio of 4.82 and a beta of 0.65. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock's 50 day simple moving average is $98.61 and its 200-day simple moving average is $95.37. Walmart Inc. has a 12-month low of $77.49 and a 12-month high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm 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 analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

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.

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