Walmart Inc. $WMT Shares Sold by Toth Financial Advisory Corp

Key Points

• Toth Financial Advisory Corp reduced its stake in Walmart Inc. by 2.3%, selling 3,029 shares but still holds 128,687 shares valued at approximately $12.58 million.
• Walmart's recent quarterly earnings report showed an EPS of $0.68, missing analysts' expectations of $0.74, with revenue at $169.34 billion compared to an estimated $174.02 billion.
• Several research firms have raised their ratings and price targets for Walmart, with the consensus rating now at "Buy" and an average price target of $112.03.

Toth Financial Advisory Corp reduced its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 2.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 128,687 shares of the retailer's stock after selling 3,029 shares during the period. Walmart makes up about 1.5% of Toth Financial Advisory Corp's portfolio, making the stock its 15th biggest holding. Toth Financial Advisory Corp's holdings in Walmart were worth $12,583,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. Operose Advisors LLC increased its stake in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after purchasing an additional 243 shares during the last quarter. Bear Mountain Capital Inc. lifted its holdings in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after buying an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after buying an additional 294 shares during the period. EQ Wealth Advisors LLC acquired a new position in Walmart during the 1st quarter worth about $35,000. Finally, Lipe & Dalton lifted its stake in shares of Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after purchasing an additional 200 shares during the period. Institutional investors own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on WMT shares. Tigress Financial increased their price target on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Mizuho reaffirmed an "outperform" rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Evercore ISI reiterated an "outperform" rating and issued a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Finally, Bank of America upped their target price on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Walmart currently has an average rating of "Buy" and an average price target of $112.03.

Walmart Price Performance

WMT stock traded up $0.46 during mid-day trading on Monday, hitting $102.79. The company had a trading volume of 12,856,457 shares, compared to its average volume of 18,927,965. The company has a 50-day moving average price of $99.40 and a 200 day moving average price of $95.64. Walmart Inc. has a 12-month low of $78.98 and a 12-month high of $106.11. 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 capitalization of $819.53 billion, a price-to-earnings ratio of 38.64, a P/E/G ratio of 4.82 and a beta of 0.65.

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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the company earned $0.67 earnings per share. Walmart's 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. On average, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Insiders Place Their Bets

In other Walmart news, 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 transaction of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the transaction, the executive vice president owned 645,968 shares of the company's stock, valued at $66,993,341.28. This trade represents a 0.25% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 151,232 shares of company stock valued at $14,960,635. 0.10% of the stock is owned by company insiders.

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.