SeaCrest Wealth Management LLC Has $4.67 Million Holdings in Walmart Inc. $WMT

Key Points

• SeaCrest Wealth Management LLC has reduced its stake in Walmart Inc. by 6.0%, now holding 47,724 shares valued at approximately $4.67 million.
• Several institutions have increased their positions in Walmart, with Assenagon Asset Management S.A. growing its stake by 466.4% and now owning 4.17 million shares.
• Walmart's recent quarterly earnings showed a decline, reporting $0.68 EPS, missing estimates by $0.06, and total revenue of $169.34 billion, below analyst expectations.

SeaCrest Wealth Management LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 6.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 47,724 shares of the retailer's stock after selling 3,038 shares during the period. Walmart accounts for 0.5% of SeaCrest Wealth Management LLC's holdings, making the stock its 29th biggest holding. SeaCrest Wealth Management LLC's holdings in Walmart were worth $4,666,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Operose Advisors LLC lifted its stake in shares of 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. Bear Mountain Capital Inc. lifted its stake in shares of 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 stake in shares of 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. EQ Wealth Advisors LLC acquired a new stake in shares of Walmart during the first quarter worth $35,000. Finally, Lipe & Dalton lifted its stake in shares of Walmart by 95.2% during the first quarter. Lipe & Dalton now owns 410 shares of the retailer's stock worth $36,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Trading Down 1.2%

NYSE:WMT traded down $1.20 on Friday, hitting $102.40. 34,721,159 shares of the stock were exchanged, compared to its average volume of 16,094,947. The stock has a market capitalization of $816.42 billion, a price-to-earnings ratio of 38.50, a P/E/G ratio of 4.82 and a beta of 0.65. Walmart Inc. has a 52 week low of $78.11 and a 52 week high of $106.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company's 50-day moving average price is $99.40 and its 200 day moving average price is $95.64.

Walmart (NYSE:WMT - Get Free Report) last announced 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 firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity

In other news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $98.30, for a total value of $216,260.00. Following the completion of the sale, the executive vice president owned 626,118 shares of the company's stock, valued at approximately $61,547,399.40. This represents a 0.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 134,107 shares of company stock worth $13,183,727. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. Evercore ISI reiterated an "outperform" rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Wolfe Research began coverage on shares of Walmart in a research note on Thursday. They set an "outperform" rating and a $129.00 price target on the stock. Oppenheimer raised their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Finally, Truist Financial lowered their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $112.03.

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.