Texas Bank & Trust Co Decreases Stock Holdings in Walmart Inc. $WMT

Key Points

• Texas Bank & Trust Co reduced its holdings in Walmart Inc. by 13.5% in Q1, now owning 26,514 shares valued at approximately $2.33 million.
• Walmart's recent earnings report showed an EPS of $0.68, missing analyst expectations of $0.74, with quarterly revenue of $169.34 billion against estimates of $174.02 billion.
• Several institutional investors increased their positions in Walmart, with Eagle Capital Management raising its stake by 9.1% and Brighton Jones LLC increasing theirs by 28.8% in the fourth quarter.

Texas Bank & Trust Co trimmed its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 13.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,514 shares of the retailer's stock after selling 4,123 shares during the quarter. Texas Bank & Trust Co's holdings in Walmart were worth $2,328,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in WMT. Eagle Capital Management LLC raised its position in shares of Walmart by 9.1% during the 4th quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock valued at $349,000 after buying an additional 321 shares during the period. Brighton Jones LLC raised its position in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after buying an additional 21,939 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after buying an additional 485 shares during the period. Highview Capital Management LLC DE raised its position in Walmart by 4.9% in the fourth quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock valued at $3,338,000 after purchasing an additional 1,720 shares during the period. Finally, Pennington Partners & CO. LLC purchased a new stake in Walmart in the fourth quarter valued at approximately $994,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

Shares of WMT stock opened at $96.97 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average price of $98.12 and a 200 day moving average price of $95.42. The company has a market cap of $773.85 billion, a P/E ratio of 36.45, a PEG ratio of 4.62 and a beta of 0.66. Walmart Inc. has a 12 month low of $75.67 and a 12 month high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares in the company, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $98.30, for a total transaction of $216,260.00. Following the completion of the transaction, the executive vice president owned 626,118 shares of the company's stock, valued at $61,547,399.40. This represents a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 101,966 shares of company stock worth $9,858,673. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on WMT shares. Oppenheimer boosted their target price on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. The Goldman Sachs Group boosted 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. Telsey Advisory Group boosted their target price on Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a research report on Friday, August 22nd. Mizuho reissued an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Finally, Tigress Financial boosted their target price on Walmart from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Walmart has a consensus rating of "Buy" and an average price target of $110.59.

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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