Three Bridge Wealth Advisors LLC Sells 3,321 Shares of Walmart Inc. $WMT

Three Bridge Wealth Advisors LLC decreased its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 41.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,761 shares of the retailer's stock after selling 3,321 shares during the period. Three Bridge Wealth Advisors LLC's holdings in Walmart were worth $466,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in WMT. Weatherly Asset Management L. P. boosted its stake in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer's stock worth $5,489,000 after buying an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its holdings in Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock valued at $3,355,000 after acquiring an additional 9,831 shares during the period. Ally Financial Inc. purchased a new position in Walmart in the first quarter worth about $2,107,000. Night Squared LP bought a new stake in shares of Walmart during the 1st quarter valued at about $1,052,000. Finally, Monument Capital Management increased its position in shares of Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after purchasing an additional 26,685 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

Walmart Trading Up 0.6%

WMT stock opened at $102.70 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The business has a 50 day simple moving average of $100.88 and a two-hundred day simple moving average of $96.87. The company has a market capitalization of $818.81 billion, a price-to-earnings ratio of 38.61, a PEG ratio of 4.81 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 (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 the consensus estimate of $174.02 billion. During the same quarter in the previous year, the business earned $0.67 EPS. The company's quarterly revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on WMT shares. 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. Royal Bank Of Canada reiterated an "outperform" rating and set a $106.00 price target on shares of Walmart in a research note on Friday, August 22nd. Truist Financial cut their price objective on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Wolfe Research initiated coverage on Walmart in a report on Thursday, September 18th. They issued an "outperform" rating and a $129.00 target price on the stock. Finally, Tigress Financial lifted their target price on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 3rd. Thirty research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Walmart currently has a consensus rating of "Moderate Buy" and an average price target of $112.38.

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,610 shares of the business's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $103.71, for a total value of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares in the company, valued at approximately $66,993,341.28. The trade was a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the transaction, the executive vice president directly owned 621,718 shares of the company's stock, valued at approximately $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is owned by corporate insiders.

Walmart Company 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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