Oak Family Advisors LLC Sells 17,574 Shares of Walmart Inc. $WMT

Key Points

• Oak Family Advisors LLC sold 17,574 shares of Walmart Inc., reducing its stake by 23.3%, now holding 57,920 shares valued at approximately $5.66 million.
• Walmart's recent quarterly earnings report showed earnings per share of $0.68, missing the consensus estimate by $0.06, with revenue of $169.34 billion.
• Equities research analysts remain positive on Walmart, with an average target price of $112.38, and 29 analysts rating the stock as a Buy.

Oak Family Advisors LLC lessened its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 23.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 57,920 shares of the retailer's stock after selling 17,574 shares during the period. Walmart comprises approximately 1.8% of Oak Family Advisors LLC's investment portfolio, making the stock its 20th largest holding. Oak Family Advisors LLC's holdings in Walmart were worth $5,663,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Asio Capital LLC raised its stake in Walmart by 23.2% in the second quarter. Asio Capital LLC now owns 3,619 shares of the retailer's stock valued at $354,000 after buying an additional 681 shares during the period. Spartan Planning & Wealth Management increased its stake in shares of Walmart by 70.2% during the second quarter. Spartan Planning & Wealth Management now owns 9,267 shares of the retailer's stock worth $906,000 after purchasing an additional 3,821 shares during the period. LexAurum Advisors LLC grew its position in Walmart by 1.9% during the second quarter. LexAurum Advisors LLC now owns 11,318 shares of the retailer's stock worth $1,107,000 after buying an additional 214 shares in the last quarter. Venture Visionary Partners LLC grew its position in Walmart by 5.9% during the second quarter. Venture Visionary Partners LLC now owns 210,256 shares of the retailer's stock worth $20,559,000 after buying an additional 11,806 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC grew its position in Walmart by 8.3% during the second quarter. Baron Silver Stevens Financial Advisors LLC now owns 8,445 shares of the retailer's stock worth $826,000 after buying an additional 646 shares in the last quarter. Institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Mizuho reaffirmed an "outperform" rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Evercore ISI reiterated an "outperform" rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Piper Sandler reiterated an "overweight" rating and issued a $111.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Tigress Financial increased their price target on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. Finally, Sanford C. Bernstein set a $117.00 price target on Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $112.38.

Walmart Trading Down 0.0%

Walmart stock opened at $103.07 on Wednesday. The stock has a market cap of $821.76 billion, a P/E ratio of 38.75, a PEG ratio of 4.86 and a beta of 0.65. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. The firm's fifty day moving average price is $100.45 and its 200-day moving average price is $96.36. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the company posted $0.67 EPS. 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. Equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the company's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the sale, the executive vice president owned 906,064 shares of the company's stock, valued at approximately $93,995,079.36. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 149,032 shares of company stock valued at $14,860,951. 0.10% of the stock is currently owned by 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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