Signature Estate & Investment Advisors LLC Sells 5,697 Shares of Walmart Inc. $WMT

Key Points

• Signature Estate & Investment Advisors LLC reduced its holdings in Walmart Inc. by 1.7%, selling 5,697 shares, and now owns 334,888 shares valued at approximately $32.7 million, making Walmart its 29th largest position.
• Walmart's recent earnings report revealed an EPS of $0.68, missing estimates by $0.06, alongside a revenue of $169.34 billion, which was below analysts' expectations of $174.02 billion.
• Analysts have shown confidence in Walmart, with the company receiving multiple upgrades, including a price target increase from $101.00 to $114.00 from Goldman Sachs, and a current consensus rating of "Moderate Buy".

Signature Estate & Investment Advisors LLC reduced its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 1.7% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 334,888 shares of the retailer's stock after selling 5,697 shares during the quarter. Walmart accounts for about 0.8% of Signature Estate & Investment Advisors LLC's investment portfolio, making the stock its 29th largest position. Signature Estate & Investment Advisors LLC's holdings in Walmart were worth $32,745,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of WMT. Woodard & Co. Asset Management Group Inc. ADV bought a new stake in Walmart during the second quarter valued at approximately $1,401,000. First National Bank of Hutchinson lifted its position in Walmart by 3.2% during the second quarter. First National Bank of Hutchinson now owns 31,019 shares of the retailer's stock valued at $3,033,000 after purchasing an additional 962 shares during the last quarter. Private Wealth Management Group LLC lifted its position in Walmart by 16.4% during the second quarter. Private Wealth Management Group LLC now owns 1,021 shares of the retailer's stock valued at $100,000 after purchasing an additional 144 shares during the last quarter. Koshinski Asset Management Inc. lifted its position in Walmart by 2.3% during the second quarter. Koshinski Asset Management Inc. now owns 85,794 shares of the retailer's stock valued at $8,389,000 after purchasing an additional 1,903 shares during the last quarter. Finally, Citizens Business Bank lifted its position in Walmart by 0.7% during the second quarter. Citizens Business Bank now owns 57,837 shares of the retailer's stock valued at $5,655,000 after purchasing an additional 419 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WMT has been the topic of several recent research reports. The Goldman Sachs Group increased 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. Mizuho reiterated an "outperform" rating and set a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Bank of America increased their price objective on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 17th. Truist Financial dropped 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. Finally, DA Davidson set a $117.00 target price on Walmart in a report on Wednesday. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.63.

Walmart Trading Up 1.3%

NYSE WMT opened at $107.80 on Friday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. 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 stock has a 50 day simple moving average of $101.69 and a two-hundred day simple moving average of $97.86. The stock has a market cap of $859.50 billion, a P/E ratio of 40.53, a price-to-earnings-growth ratio of 5.02 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last released 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). 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 analysts' expectations of $174.02 billion. During the same quarter last year, the business posted $0.67 EPS. The company's quarterly 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, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the sale, the executive vice president owned 892,940 shares in the company, valued at approximately $96,241,073.20. This trade represents a 1.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,550 shares of the firm's stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total value of $166,563.00. Following the completion of the transaction, the executive vice president owned 644,418 shares of the company's stock, valued at approximately $69,249,158.28. The trade was a 0.24% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 151,038 shares of company stock worth $15,249,614. Insiders own 0.10% of the company's stock.

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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