Walmart Inc. $WMT Shares Sold by Argonautica Private Wealth Management Inc.

Key Points

• Argonautica Private Wealth Management Inc. reduced its stake in Walmart Inc. by 4.4%, owning 57,370 shares valued at approximately $5.61 million after selling 2,627 shares during the second quarter.
• Walmart's CEO, C. Douglas McMillon, sold 19,416 shares for over $2 million, marking a 0.44% decrease in his position, while other insiders have sold a total of 147,038 shares worth nearly $15 million in recent months.
• Walmart continues to receive positive analyst ratings, with a consensus target price of $112.67 and 31 analysts rating the stock as a Buy, while its recent quarterly earnings fell short of estimates, reporting $0.68 EPS versus a consensus of $0.74.

Argonautica Private Wealth Management Inc. trimmed its position in Walmart Inc. (NYSE:WMT - Free Report) by 4.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,370 shares of the retailer's stock after selling 2,627 shares during the quarter. Walmart makes up 1.8% of Argonautica Private Wealth Management Inc.'s investment portfolio, making the stock its 11th largest position. Argonautica Private Wealth Management Inc.'s holdings in Walmart were worth $5,610,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of WMT. Brighton Jones LLC raised its holdings in shares of Walmart by 28.8% in 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 in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Walmart by 5.8% in 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 in the last quarter. Mainstream Capital Management LLC raised its holdings in shares of Walmart by 13.6% in 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 in the last quarter. GAMMA Investing LLC grew its position in shares of Walmart by 13.9% in the 1st quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer's stock valued at $7,940,000 after buying an additional 11,018 shares during the last quarter. Finally, Consolidated Planning Corp grew its position in shares of Walmart by 6.0% in the 1st quarter. Consolidated Planning Corp now owns 111,661 shares of the retailer's stock valued at $9,803,000 after buying an additional 6,358 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the sale, the executive vice president owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 147,038 shares of company stock worth $14,869,054. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Walmart in a research report on Wednesday, October 8th. Evercore ISI reaffirmed an "outperform" rating and issued a $111.00 target price (up from $110.00) on shares of Walmart in a research report on Tuesday. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Bank of America increased their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 17th. Finally, Mizuho reaffirmed an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $112.67.

Walmart Trading Down 0.7%

Shares of Walmart stock opened at $106.30 on Wednesday. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market capitalization of $847.51 billion, a P/E ratio of 39.96, a PEG ratio of 5.04 and a beta of 0.67. The company's fifty day moving average is $101.80 and its two-hundred day moving average is $98.22.

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 the consensus estimate 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 for the quarter, compared to analysts' expectations of $174.02 billion. During the same period in the previous year, the business posted $0.67 earnings per share. The company's revenue for the quarter 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. Analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current 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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