NBT Bank N A NY Sells 2,463 Shares of Walmart Inc. $WMT

Key Points

• NBT Bank N A NY has reduced its stake in Walmart Inc. by 1.9%, selling 2,463 shares, resulting in a total of 129,947 shares valued at approximately $12.7 million.
• Hedge funds are showing increased interest in Walmart, with various firms significantly raising their holdings, including Operose Advisors LLC increasing by 319.7% in the first quarter.
• Walmart reported earnings of $0.68 per share, missing analysts' expectations, with a year-over-year revenue increase of 4.8% despite a revenue miss of approximately $4.68 billion against targets.

NBT Bank N A NY lowered its stake in shares of 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 & Exchange Commission. The firm owned 129,947 shares of the retailer's stock after selling 2,463 shares during the period. Walmart accounts for about 0.9% of NBT Bank N A NY's investment portfolio, making the stock its 25th biggest holding. NBT Bank N A NY's holdings in Walmart were worth $12,706,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Operose Advisors LLC lifted its holdings in 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 lifted its holdings in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after buying an additional 233 shares during the period. Bear Mountain Capital Inc. lifted its holdings in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after buying an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Walmart by 432.4% during 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. Finally, Ridgewood Investments LLC lifted its holdings in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after buying an additional 115 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on WMT shares. Evercore ISI reiterated an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Guggenheim reissued a "buy" rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Mizuho restated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Telsey Advisory Group restated an "outperform" rating and issued a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Finally, Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Thirty investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Trading Down 0.3%

WMT stock opened at $102.90 on Thursday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12-month low of $79.37 and a 12-month high of $106.11. The stock has a market cap of $820.41 billion, a price-to-earnings ratio of 38.68, a PEG ratio of 4.86 and a beta of 0.67. The business's 50-day moving average is $101.08 and its 200 day moving average is $96.96.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $174.02 billion. During the same period last year, the business earned $0.67 earnings per share. The company's revenue for the quarter 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. On average, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the sale, the chief executive officer owned 4,392,985 shares of the company's stock, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the sale, the executive vice president directly owned 932,313 shares in the company, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 151,232 shares of company stock valued at $15,083,877. Company insiders own 0.10% of the company's stock.

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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