Stratos Wealth Advisors LLC Lowers Position in Walmart Inc. $WMT

Key Points

• Stratos Wealth Advisors LLC has reduced its position in Walmart Inc. by 4.9%, now holding 47,241 shares valued at approximately $4.6 million.
• Insider trading activity has included the sale of 30,000 shares by CTO Suresh Kumar and 19,416 shares by CEO C. Douglas McMillon, indicating slight decreases in their holdings.
• Walmart's recent quarterly earnings missed consensus estimates, reporting an EPS of $0.68, and revenue of $169.34 billion, which was under analyst expectations of $174.02 billion.

Stratos Wealth Advisors LLC cut its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 4.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,241 shares of the retailer's stock after selling 2,417 shares during the quarter. Stratos Wealth Advisors LLC's holdings in Walmart were worth $4,619,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Operose Advisors LLC lifted its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after acquiring an additional 243 shares during the period. PFS Partners LLC lifted its stake in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after acquiring an additional 233 shares during the period. Bear Mountain Capital Inc. lifted its stake in Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its stake in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after acquiring an additional 294 shares during the period. Finally, Ridgewood Investments LLC lifted its stake in Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after acquiring an additional 115 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CTO Suresh Kumar sold 30,000 shares of the company's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the transaction, the chief technology officer 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the transaction, the chief executive officer owned 4,412,398 shares in the company, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 136,363 shares of company stock valued at $13,668,438. 0.10% of the stock is owned by company insiders.

Walmart Stock Performance

WMT opened at $106.30 on Friday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.58. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market cap of $847.51 billion, a P/E ratio of 39.96, a price-to-earnings-growth ratio of 5.14 and a beta of 0.67. The firm's 50-day moving average price is $101.61 and its 200-day moving average price is $97.73.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data 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 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 analyst estimates of $174.02 billion. During the same quarter last year, the company earned $0.67 EPS. The business'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. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. DA Davidson set a $117.00 price objective on shares of Walmart in a research note on Wednesday. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Weiss Ratings reiterated a "buy (b)" rating on shares of Walmart in a report on Wednesday, October 8th. The Goldman Sachs Group boosted their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Finally, Mizuho reiterated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. 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.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $112.63.

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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