ORG Wealth Partners LLC Lowers Stock Position in Walmart Inc. $WMT

Key Points

• ORG Wealth Partners LLC reduced its stake in Walmart Inc. by 69.4% during the second quarter, owning 14,666 shares after selling 33,274 shares, valued at approximately $1,441,000.
• Walmart's stock saw mixed analyst ratings, with Bank of America and Goldman Sachs upgrading their price targets to $125.00 and $114.00, respectively, indicating favorable sentiment towards the stock.
• The company reported $0.68 earnings per share for the recent quarter, missing the consensus estimate by $0.06, and its revenue was up 4.8% year-over-year but below expectations.

ORG Wealth Partners LLC cut its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 69.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,666 shares of the retailer's stock after selling 33,274 shares during the quarter. ORG Wealth Partners LLC's holdings in Walmart were worth $1,441,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Brighton Jones LLC increased its position in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after purchasing an additional 485 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in shares of Walmart by 18.4% in the 1st quarter. AdvisorNet Financial Inc now owns 27,476 shares of the retailer's stock valued at $2,412,000 after purchasing an additional 4,272 shares in the last quarter. Doliver Advisors LP increased its position in shares of Walmart by 3.3% in the first quarter. Doliver Advisors LP now owns 25,564 shares of the retailer's stock valued at $2,244,000 after acquiring an additional 822 shares during the period. Finally, Legacy Financial Strategies LLC lifted its position in shares of Walmart by 232.7% in the 1st quarter. Legacy Financial Strategies LLC now owns 34,636 shares of the retailer's stock worth $3,041,000 after purchasing an additional 24,226 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the transaction, the chief executive officer owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. This represents a 0.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the sale, the executive vice president directly owned 1,052,455 shares in the company, valued at $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 151,232 shares of company stock worth $15,077,519. Company insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of Walmart stock opened at $103.14 on Friday. 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 firm has a market capitalization of $822.32 billion, a price-to-earnings ratio of 38.77, a PEG ratio of 4.86 and a beta of 0.65. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11. The business has a 50-day simple moving average of $100.16 and a 200 day simple moving average of $96.11.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) 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 business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the previous year, the business earned $0.67 earnings per share. 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. On average, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Bank of America upped their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. The Goldman Sachs Group upped their price objective on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Evercore ISI reaffirmed an "outperform" rating and issued a $110.00 price target (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Oppenheimer lifted their price target on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Finally, Truist Financial reduced their target price on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $112.38.

Walmart 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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