Peoples Financial Services CORP. Sells 5,746 Shares of Walmart Inc. $WMT

Key Points

• Peoples Financial Services CORP. reduced its stake in Walmart Inc. by 39.0%, selling 5,746 shares, and now holds 8,990 shares valued at approximately $879,000.
• Walmart's latest quarterly earnings report showed earnings per share of $0.68, missing estimates by $0.06, with revenues of $169.34 billion compared to expectations of $174.02 billion.
• Analysts have generally maintained a positive outlook on Walmart, with an average target price of $112.38 and 29 analysts rating the stock as a Buy.

Peoples Financial Services CORP. cut its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 39.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,990 shares of the retailer's stock after selling 5,746 shares during the quarter. Peoples Financial Services CORP.'s holdings in Walmart were worth $879,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Bedel Financial Consulting Inc. boosted its stake in Walmart by 0.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after purchasing an additional 102 shares during the period. Scott & Selber Inc. boosted its stake in Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after purchasing an additional 105 shares during the period. Capital Advisors Wealth Management LLC boosted its stake in Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock worth $684,000 after purchasing an additional 105 shares during the period. Lauterbach Financial Advisors LLC boosted its stake in Walmart by 1.8% in the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock worth $517,000 after purchasing an additional 106 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC boosted its stake in Walmart by 1.4% in the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock worth $685,000 after purchasing an additional 106 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

NYSE:WMT opened at $103.14 on Monday. The stock's fifty day moving average is $100.16 and its 200 day moving average is $96.19. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. The firm has a market capitalization of $822.32 billion, a PE ratio of 38.77, a PEG ratio of 4.86 and a beta of 0.65. 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 net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter in the previous year, the company posted $0.67 EPS. The business's quarterly revenue was up 4.8% on a year-over-year basis. 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 earnings per share for the current year.

Insider Activity at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the sale, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total value of $1,361,587.50. Following the completion of the sale, the executive vice president owned 906,064 shares in the company, valued at approximately $93,995,079.36. The trade was a 1.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock worth $15,077,519 in the last ninety days. Corporate insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Truist Financial dropped their price target on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Oppenheimer upped their price target on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. The Goldman Sachs Group increased their target price on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Finally, Telsey Advisory Group reiterated an "outperform" rating and set a $118.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Walmart has an average rating of "Moderate Buy" and an average target price 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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