Tritonpoint Wealth LLC Sells 4,486 Shares of Walmart Inc. $WMT

Key Points

• Tritonpoint Wealth LLC reduced its Walmart Inc. holdings by selling 4,486 shares, resulting in a 3.1% decrease in their total ownership, now holding 140,015 shares valued at approximately $13.69 million.
• Insider trades included EVP Kathryn J. Mclay selling 4,000 shares for over $415,000, while EVP Daniel J. Bartlett sold 1,610 shares for about $167,000, indicating notable insider activity.
• Walmart's latest earnings report revealed an EPS of $0.68, falling short of analysts' expectations, with revenue of $169.34 billion, highlighting challenges faced by the retailer.

Tritonpoint Wealth LLC cut its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 3.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 140,015 shares of the retailer's stock after selling 4,486 shares during the period. Walmart comprises approximately 1.3% of Tritonpoint Wealth LLC's portfolio, making the stock its 15th biggest holding. Tritonpoint Wealth LLC's holdings in Walmart were worth $13,691,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Operose Advisors LLC grew its holdings in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after acquiring an additional 243 shares in the last quarter. PFS Partners LLC grew its holdings in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after purchasing an additional 233 shares during the period. Ridgewood Investments LLC grew its holdings in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after purchasing an additional 115 shares during the period. Bear Mountain Capital Inc. grew its holdings in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after purchasing an additional 167 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd grew its holdings in Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after purchasing an additional 294 shares during the period. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the sale, the executive vice president owned 645,968 shares in the company, valued at $66,993,341.28. The trade was a 0.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock valued at $15,077,519 in the last ninety days. 0.10% of the stock is owned by insiders.

Walmart Trading Up 0.1%

Shares of WMT stock opened at $103.14 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a 52-week low of $78.98 and a 52-week high of $106.11. The company has a market capitalization of $822.32 billion, a PE ratio of 38.77, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. The business's fifty day moving average is $100.16 and its 200 day moving average is $96.19.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 business had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter last year, the business posted $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. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Wolfe Research assumed coverage on Walmart in a report on Thursday, September 18th. They set an "outperform" rating and a $129.00 price objective for the company. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Royal Bank Of Canada reissued an "outperform" rating and set a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. Piper Sandler reissued an "overweight" rating and set a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Finally, The Goldman Sachs Group increased their price objective on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a report on Friday, August 22nd. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $112.38.

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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