Members Trust Co Has $1.06 Million Holdings in Walmart Inc. $WMT

Key Points

• Members Trust Co has decreased its stake in Walmart Inc. by 18.3%, resulting in holdings valued at approximately $1.06 million after selling 2,427 shares in the second quarter.
• Significant institutional investments were announced, with Kingstone Capital Partners increasing its ownership in Walmart by nearly 400,000%, and other firms like Nuveen LLC and Goldman Sachs also boosting their stakes substantially.
• Analysts maintain a generally positive outlook on Walmart, with a consensus rating of "Moderate Buy" and a target price of $112.67, despite recent adjustments from firms like JPMorgan and Truist Financial.

Members Trust Co lessened its stake in Walmart Inc. (NYSE:WMT - Free Report) by 18.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,823 shares of the retailer's stock after selling 2,427 shares during the quarter. Members Trust Co's holdings in Walmart were worth $1,058,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Kingstone Capital Partners Texas LLC increased its position in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Walmart during the 1st quarter worth approximately $2,532,331,000. Goldman Sachs Group Inc. grew its position in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock worth $2,922,770,000 after buying an additional 7,706,201 shares during the period. Wellington Management Group LLP grew its position in shares of Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock worth $591,620,000 after buying an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board grew its position in shares of Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock worth $371,295,000 after buying an additional 4,214,661 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Analyst Ratings Changes

WMT has been the subject of several analyst reports. Evercore ISI reiterated an "outperform" rating and set a $111.00 price target (up previously from $110.00) on shares of Walmart in a research report on Tuesday. JPMorgan Chase & Co. lowered 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. Wolfe Research initiated coverage on shares of Walmart in a research report on Thursday, September 18th. They set an "outperform" rating and a $129.00 price target for the company. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Finally, Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $112.67.

Insiders Place Their Bets

In other news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president owned 621,718 shares of the company's stock, valued at $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,550 shares of the business's stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total transaction of $166,563.00. Following the completion of the sale, the executive vice president directly owned 644,418 shares in the company, valued at approximately $69,249,158.28. This represents a 0.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 147,038 shares of company stock valued at $14,869,054 over the last 90 days. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Down 0.7%

Walmart stock opened at $106.30 on Wednesday. The company's 50 day simple moving average is $101.80 and its 200 day simple moving average is $98.22. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The firm has a market capitalization of $847.51 billion, a price-to-earnings ratio of 39.96, a PEG ratio of 5.04 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.

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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the business earned $0.67 EPS. The firm's revenue was up 4.8% compared to the same quarter last year. 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, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

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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