UMB Bank n.a. Sells 15,157 Shares of Walmart Inc. $WMT

Key Points

• UMB Bank n.a. reduced its holdings in Walmart Inc. by 2.4%, owning 614,407 shares after selling 15,157 shares in the second quarter.
• CEO C Douglas Mcmillon sold 19,416 shares at an average price of $95.97, totaling approximately $1.86 million.
• Walmart's stock had a market cap of $816.42 billion and reported earnings per share of $0.68 for the last quarter, missing analyst estimates.

UMB Bank n.a. decreased its position in Walmart Inc. (NYSE:WMT - Free Report) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 614,407 shares of the retailer's stock after selling 15,157 shares during the period. Walmart makes up 0.9% of UMB Bank n.a.'s portfolio, making the stock its 23rd largest position. UMB Bank n.a.'s holdings in Walmart were worth $60,077,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in 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 purchasing an additional 485 shares during the last quarter. Two Sigma Advisers LP grew its stake in Walmart by 34.9% in the 4th quarter. Two Sigma Advisers LP now owns 66,900 shares of the retailer's stock valued at $6,044,000 after buying an additional 17,300 shares during the last quarter. Harmony Asset Management LLC acquired a new stake in Walmart during the 4th quarter worth approximately $219,000. Finally, Vise Technologies Inc. increased its position in Walmart by 30.8% during the fourth quarter. Vise Technologies Inc. now owns 138,586 shares of the retailer's stock worth $12,521,000 after acquiring an additional 32,665 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the sale, the executive vice president directly owned 626,118 shares in the company, valued at $61,547,399.40. The trade was a 0.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the firm's stock in a transaction dated 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 owned 1,787,200 shares of the company's stock, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold 134,107 shares of company stock valued at $13,183,727 in the last quarter. 0.10% of the stock is owned by company insiders.

Walmart Stock Up 0.4%

NYSE WMT traded up $0.46 during trading hours on Monday, hitting $102.79. The company's stock had a trading volume of 12,713,199 shares, compared to its average volume of 18,927,896. The company has a market capitalization of $819.53 billion, a PE ratio of 38.64, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. The company's 50-day simple moving average is $99.40 and its two-hundred day simple moving average is $95.64.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results 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). The company had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WMT. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report 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 note on Friday, August 22nd. JPMorgan Chase & Co. reduced their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Truist Financial lowered 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. Finally, Guggenheim reaffirmed a "buy" rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. One 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 stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $112.03.

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.