Walmart Inc. $WMT Holdings Trimmed by Foster & Motley Inc.

Key Points

• Foster & Motley Inc. has reduced its stake in Walmart Inc. by 3.7%, now owning 79,825 shares valued at approximately $7.8 million.
• Several brokerages have raised their price targets on Walmart, with Oppenheimer setting a new target of $115.00 and Wolfe Research initiating coverage with a target of $129.00.
• Walmart's most recent earnings report indicated an EPS of $0.68, falling short of the consensus estimate by $0.06, with revenue of $169.34 billion.

Foster & Motley Inc. lowered its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 3.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 79,825 shares of the retailer's stock after selling 3,062 shares during the period. Foster & Motley Inc.'s holdings in Walmart were worth $7,805,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Bedel Financial Consulting Inc. grew its position in Walmart by 0.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after purchasing an additional 102 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Walmart by 1.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer's stock worth $961,000 after purchasing an additional 103 shares during the last quarter. Scott & Selber Inc. increased its position in Walmart by 3.7% in the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after purchasing an additional 105 shares during the period. Capital Advisors Wealth Management LLC grew its position in shares of Walmart by 1.4% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock worth $684,000 after buying an additional 105 shares during the period. Finally, RoundAngle Advisors LLC lifted its holdings in Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer's stock valued at $2,542,000 after buying an additional 105 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on WMT. Oppenheimer boosted their price target on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. Wolfe Research began coverage on Walmart in a research note on Thursday, September 18th. They issued an "outperform" rating and a $129.00 price target on the stock. BTIG Research started coverage on shares of Walmart in a research note on Tuesday. They set a "buy" rating and a $120.00 price objective for the company. Guggenheim reiterated a "buy" rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, Piper Sandler reissued an "overweight" rating and issued a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $112.63.

Insider Activity at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the transaction, the executive vice president directly owned 892,940 shares in the company, valued at approximately $96,241,073.20. This represents a 1.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated 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 transaction, the executive vice president 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. Insiders sold a total of 151,038 shares of company stock worth $15,249,614 over the last ninety days. Insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of WMT stock opened at $107.80 on Friday. The firm has a market cap of $859.50 billion, a price-to-earnings ratio of 40.53, a P/E/G ratio of 5.02 and a beta of 0.67. The firm's 50-day simple moving average is $101.69 and its two-hundred day simple moving average is $97.86. 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 $79.81 and a 52 week high of $109.57.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 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 firm had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. During the same period in the prior year, the firm posted $0.67 EPS. 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. As a group, equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

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.

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.