Stonebridge Financial Group LLC Reduces Holdings in Walmart Inc. $WMT

Key Points

• Stonebridge Financial Group LLC reduced its holdings in Walmart Inc. by 3.6% in Q2, owning 67,383 shares valued at approximately $6.59 million after selling 2,530 shares.
• Several hedge funds, including Bedel Financial Consulting Inc. and Scott & Selber Inc., increased their stakes in Walmart during the same period, indicating growing institutional interest in the retailer.
• Walmart's recent earnings report revealed a missed EPS estimate of $0.68, against a consensus of $0.74, while quarterly revenue grew 4.8% year-over-year but fell short of expectations.

Stonebridge Financial Group LLC reduced its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 3.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,383 shares of the retailer's stock after selling 2,530 shares during the quarter. Stonebridge Financial Group LLC's holdings in Walmart were worth $6,589,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bedel Financial Consulting Inc. increased its holdings in Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after acquiring an additional 102 shares in the last quarter. Scott & Selber Inc. increased its position in Walmart by 3.7% during 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 in the last quarter. Capital Advisors Wealth Management LLC increased its position in Walmart by 1.4% during 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 in the last quarter. Lauterbach Financial Advisors LLC increased its position in Walmart by 1.8% during 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 in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its position in Walmart by 1.4% during 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 in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on WMT shares. JPMorgan Chase & Co. dropped their price objective on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Truist Financial dropped their price objective on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. The Goldman Sachs Group lifted their price objective on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Guggenheim reiterated a "buy" rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Mizuho reiterated an "outperform" rating and set a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Thirty analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $112.38.

Insider Transactions at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the transaction, the executive vice president directly owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. The trade was a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction dated 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 transaction, 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Up 0.1%

WMT opened at $101.86 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 stock has a market capitalization of $812.10 billion, a price-to-earnings ratio of 38.29, a price-to-earnings-growth ratio of 4.80 and a beta of 0.67. The business has a 50-day moving average of $101.22 and a two-hundred day moving average of $97.18. Walmart Inc. has a 12 month low of $79.37 and a 12 month high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.67 EPS. 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 expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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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