Thomasville National Bank Sells 3,731 Shares of Walmart Inc. $WMT

Key Points

• Thomasville National Bank sold 3,731 shares of Walmart Inc., reducing its stake by 7.2%, leaving it with 48,019 shares worth approximately $4.7 million.
• Several institutional investors significantly increased their positions in Walmart, with Kingstone Capital Partners raising its stake by 397,264.9% to over 104 million shares.
• Walmart's recent earnings report showed $0.68 EPS, missing expectations of $0.74, with revenue of $169.34 billion compared to a consensus of $174.02 billion.

Thomasville National Bank lowered its stake in Walmart Inc. (NYSE:WMT - Free Report) by 7.2% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 48,019 shares of the retailer's stock after selling 3,731 shares during the quarter. Thomasville National Bank's holdings in Walmart were worth $4,695,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the business. Bedel Financial Consulting Inc. lifted its stake in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after buying an additional 102 shares during the last quarter. Scott & Selber Inc. lifted its stake in shares of 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 buying an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its stake in shares of 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 buying an additional 105 shares during the last quarter. Lauterbach Financial Advisors LLC lifted its stake in shares of 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 buying an additional 106 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC lifted its stake in shares of 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 buying an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Trading Down 0.9%

WMT traded down $0.97 during trading on Tuesday, reaching $101.85. 5,224,774 shares of the company's stock were exchanged, compared to its average volume of 18,850,654. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11. 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 stock has a market capitalization of $812.00 billion, a PE ratio of 38.28, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65. The firm has a fifty day moving average price of $99.54 and a two-hundred day moving average price of $95.72.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the firm earned $0.67 earnings per share. The company'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 research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Suresh Kumar sold 30,000 shares of the business's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the sale, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 151,232 shares of company stock worth $14,960,635. Company insiders own 0.10% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on WMT shares. Bank of America boosted their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 17th. Oppenheimer boosted their target price on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. lowered their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. The Goldman Sachs Group upped their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Finally, Wolfe Research assumed coverage on shares of Walmart in a research report on Thursday, September 18th. They set an "outperform" rating and a $129.00 price objective for the company. Twenty-nine equities 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 has an average rating of "Moderate Buy" and an average price target of $112.62.

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.