Kestra Advisory Services LLC Decreases Position in Walmart Inc. $WMT

Key Points

• Kestra Advisory Services LLC reduced its stake in Walmart Inc. by 1.5%, selling 11,251 shares, leaving it with 738,134 shares valued at approximately $64.8 million.
• Despite a 4.5% drop in share price, Walmart reported a revenue of $169.34 billion for the quarter, although it missed the consensus estimate of $174.02 billion.
• Walmart recently declared a dividend of $0.235 per share, with a yield of 90.0%, which will be paid on September 2nd to investors of record as of August 18th.

Kestra Advisory Services LLC cut its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 1.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 738,134 shares of the retailer's stock after selling 11,251 shares during the period. Kestra Advisory Services LLC's holdings in Walmart were worth $64,801,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of WMT. Operose Advisors LLC increased its stake in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the period. Bear Mountain Capital Inc. grew its holdings in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after buying an additional 294 shares during the period. EQ Wealth Advisors LLC bought a new stake in Walmart during the 1st quarter valued at $35,000. Finally, Lipe & Dalton raised its holdings in Walmart by 95.2% during the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Down 4.5%

Shares of NYSE:WMT opened at $97.9050 on Friday. The firm has a market capitalization of $781.32 billion, a P/E ratio of 41.84, a P/E/G ratio of 4.93 and a beta of 0.66. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. The stock has a 50 day moving average price of $97.94 and a 200-day moving average price of $95.65. Walmart Inc. has a 52-week low of $75.01 and a 52-week 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 earnings per share 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 net margin of 2.75% and a return on equity of 21.76%. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be given a dividend of $0.235 per share. This represents a yield of 90.0%. The ex-dividend date of this dividend is Friday, August 15th. Walmart's dividend payout ratio (DPR) is 40.17%.

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $95.24, for a total transaction of $380,960.00. Following the completion of the transaction, the executive vice president directly owned 1,060,455 shares in the company, valued at approximately $100,997,734.20. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total value of $1,855,781.28. Following the completion of the sale, the chief executive officer owned 4,412,398 shares in the company, valued at $421,737,000.84. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 88,841 shares of company stock valued at $8,565,205. Insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WMT. Guggenheim reissued a "buy" rating and issued a $115.00 price target (up previously from $112.00) on shares of Walmart in a report on Monday. Royal Bank Of Canada reissued an "outperform" rating and issued a $103.00 target price (up from $102.00) on shares of Walmart in a research note on Monday, June 9th. Truist Financial boosted their price target on Walmart from $107.00 to $111.00 and gave the company a "buy" rating in a report on Friday, May 16th. Wall Street Zen upgraded Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, Mizuho reiterated an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $110.00.

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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