Newman Dignan & Sheerar Inc. Has $868,000 Position in Walmart Inc. $WMT

Key Points

• Newman Dignan & Sheerar Inc. reduced its Walmart holdings by 28.6%, leaving them with 8,877 shares valued at $868,000 after selling 3,549 shares in Q2.
• Several institutional investors, including Madrona Financial Services and Parkwoods Wealth Partners, have acquired new positions in Walmart during the same quarter, reflecting ongoing interest in the retail giant.
• Walmart reported $0.68 earnings per share for the last quarter, missing estimates, with revenue of $169.34 billion, a 4.8% year-over-year increase.

Newman Dignan & Sheerar Inc. cut its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 28.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,877 shares of the retailer's stock after selling 3,549 shares during the quarter. Newman Dignan & Sheerar Inc.'s holdings in Walmart were worth $868,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Madrona Financial Services LLC acquired a new position in shares of Walmart during the 2nd quarter worth approximately $225,000. Parkwoods Wealth Partners LLC acquired a new stake in shares of Walmart during the 2nd quarter worth about $330,000. Eagle Capital Management LLC lifted its stake in shares of Walmart by 7.8% during the 2nd quarter. Eagle Capital Management LLC now owns 4,167 shares of the retailer's stock worth $407,000 after buying an additional 300 shares during the last quarter. Panoramic Capital Partners LLC lifted its stake in shares of Walmart by 14.1% during the 2nd quarter. Panoramic Capital Partners LLC now owns 3,885 shares of the retailer's stock worth $382,000 after buying an additional 479 shares during the last quarter. Finally, Rogco LP lifted its stake in shares of Walmart by 33.6% during the 2nd quarter. Rogco LP now owns 11,151 shares of the retailer's stock worth $1,090,000 after buying an additional 2,802 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on WMT. The Goldman Sachs Group raised their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Truist Financial cut their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Mizuho restated an "outperform" rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Royal Bank Of Canada restated an "outperform" rating and set a $106.00 target price on shares of Walmart in a research note on Friday, August 22nd. Finally, Piper Sandler restated an "overweight" rating and set a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Twenty-nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Price Performance

Shares of Walmart stock opened at $101.77 on Friday. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a 50-day simple moving average of $100.68 and a two-hundred day simple moving average of $96.50. The stock has a market capitalization of $811.38 billion, a price-to-earnings ratio of 38.26, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last issued 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 business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $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. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity

In other news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total value of $1,248,712.50. Following the completion of the transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the transaction, the executive vice president owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock valued at $15,083,877 over the last quarter. 0.10% of the stock is owned by corporate insiders.

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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