Marietta Wealth Management LLC Reduces Position in Walmart Inc. $WMT

Key Points

• Marietta Wealth Management LLC reduced its position in Walmart Inc. by 1.9% during Q2, owning a total of 147,791 shares valued at approximately $14.5 million.
• Walmart's latest quarterly earnings showed a miss on EPS estimates ($0.68 vs. $0.74) and revenue of $169.34 billion, falling short of expectations of $174.02 billion.
• Several institutional investors have increased their stakes significantly, with Operose Advisors boosting its position by 319.7% in the first quarter.

Marietta Wealth Management LLC lowered its position in Walmart Inc. (NYSE:WMT - Free Report) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 147,791 shares of the retailer's stock after selling 2,888 shares during the quarter. Walmart makes up approximately 1.9% of Marietta Wealth Management LLC's portfolio, making the stock its 14th biggest position. Marietta Wealth Management LLC's holdings in Walmart were worth $14,451,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Operose Advisors LLC boosted its stake in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after buying an additional 243 shares during the period. PFS Partners LLC raised its stake in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after acquiring an additional 233 shares during the last quarter. Bear Mountain Capital Inc. raised its stake in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after acquiring an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after acquiring an additional 294 shares during the period. Finally, Ridgewood Investments LLC grew its stake in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after purchasing an additional 115 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Price Performance

Shares of NYSE:WMT opened at $102.15 on Monday. The firm has a market capitalization of $814.46 billion, a price-to-earnings ratio of 38.40, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The business's 50 day simple moving average is $100.77 and its 200-day simple moving average is $96.76. Walmart Inc. has a 12 month low of $78.98 and a 12 month high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business 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 analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. cut their price target on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. The Goldman Sachs Group boosted their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" 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. Mizuho reiterated an "outperform" rating and set a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. Finally, Piper Sandler restated an "overweight" rating and issued a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Thirty investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the sale, the chief executive officer directly owned 4,373,576 shares in the company, valued at $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the transaction, the executive vice president directly owned 621,718 shares of the company's stock, valued at approximately $62,998,684.94. This trade represents 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 sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is owned by company insiders.

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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