Walmart Inc. $WMT Holdings Decreased by Castle Rock Wealth Management LLC

Castle Rock Wealth Management LLC trimmed its position in Walmart Inc. (NYSE:WMT - Free Report) by 7.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,064 shares of the retailer's stock after selling 3,004 shares during the quarter. Walmart makes up approximately 0.8% of Castle Rock Wealth Management LLC's holdings, making the stock its 26th largest position. Castle Rock Wealth Management LLC's holdings in Walmart were worth $3,363,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WMT. Brighton Jones LLC boosted its position in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC boosted its position 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 period. Mainstream Capital Management LLC boosted its position in Walmart by 13.6% during the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer's stock valued at $1,084,000 after purchasing an additional 1,474 shares during the period. Wedge Capital Management L L P NC boosted its position in Walmart by 2.4% during the 1st quarter. Wedge Capital Management L L P NC now owns 7,678 shares of the retailer's stock valued at $674,000 after purchasing an additional 177 shares during the period. Finally, Signet Financial Management LLC acquired a new position in Walmart during the 1st quarter valued at approximately $210,000. 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 the company's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the completion of the sale, the executive vice president directly owned 621,718 shares of the company's stock, valued at $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of the company's stock in a transaction on 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 directly owned 645,968 shares of the company's stock, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock valued at $15,083,877 over the last 90 days. 0.10% of the stock is owned by insiders.

Analysts Set New Price Targets

WMT has been the subject of a number of analyst reports. Oppenheimer boosted their price objective on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a research note on Wednesday. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Royal Bank Of Canada reissued an "outperform" rating and issued a $106.00 price target on shares of Walmart in a research note on Friday, August 22nd. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $118.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and an average target price of $112.38.

Walmart Trading Down 0.3%

Shares of Walmart stock opened at $102.90 on Thursday. 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 firm has a market cap of $820.41 billion, a price-to-earnings ratio of 38.68, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67. The business has a fifty day simple moving average of $101.08 and a 200-day simple moving average of $96.96. Walmart Inc. has a fifty-two week low of $79.37 and a fifty-two week high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share 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 firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the company earned $0.67 EPS. The company's quarterly 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. On average, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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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