Walmart Inc. $WMT Shares Sold by BXM Wealth LLC

Key Points

• BXM Wealth LLC cut its Walmart stake by 89.9% in the first quarter, selling 78,523 shares and leaving it with 8,844 shares worth about $1.1 million.
• Walmart reported Q1 earnings of $0.66 per share, matching estimates, while revenue of $177.75 billion topped expectations and rose 7.4% year over year.
• Analyst sentiment remains mostly positive, with Walmart carrying a Moderate Buy rating and a consensus price target of $138.85, even as some recent commentary flags its valuation and the stock slipped 1.2%.

BXM Wealth LLC cut its holdings in Walmart Inc. (NASDAQ:WMT - Free Report) by 89.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,844 shares of the retailer's stock after selling 78,523 shares during the quarter. Walmart accounts for 0.8% of BXM Wealth LLC's investment portfolio, making the stock its 27th largest position. BXM Wealth LLC's holdings in Walmart were worth $1,099,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in WMT. Entrust Financial LLC acquired a new position in Walmart during the fourth quarter worth $27,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of Walmart in the first quarter valued at about $29,000. Beacon Financial Strategies CORP purchased a new stake in shares of Walmart during the fourth quarter worth about $30,000. Bay Harbor Wealth Management LLC increased its stake in shares of Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer's stock worth $32,000 after purchasing an additional 105 shares in the last quarter. Finally, Clayton Financial Group LLC raised its position in shares of Walmart by 193.0% during the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer's stock worth $33,000 after purchasing an additional 193 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Down 1.2%

Shares of WMT opened at $113.26 on Wednesday. Walmart Inc. has a 52-week low of $94.23 and a 52-week high of $135.15. The company has a market capitalization of $901.33 billion, a PE ratio of 39.74, a price-to-earnings-growth ratio of 4.27 and a beta of 0.59. The stock has a fifty day simple moving average of $123.25 and a two-hundred day simple moving average of $122.22. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm had revenue of $177.75 billion for the quarter, compared to analysts' expectations of $174.84 billion. During the same quarter in the previous year, the company posted $0.61 EPS. The company's revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, equities analysts forecast that Walmart Inc. will post 2.89 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Evercore reaffirmed an "outperform" rating on shares of Walmart in a research note on Monday, May 18th. Erste Group Bank lowered Walmart from a "buy" rating to a "hold" rating in a research note on Friday, June 5th. UBS Group set a $141.00 target price on Walmart and gave the company a "buy" rating in a research report on Friday, May 22nd. Wolfe Research reaffirmed an "outperform" rating and issued a $137.00 price target (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. Finally, Tigress Financial reiterated a "buy" rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $138.85.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart said usage of its AI assistant Sparky has doubled, and the tool appears to be helping drive larger digital baskets, which supports the company’s omnichannel growth story. Walmart's Sparky Usage Doubles: Is AI Driving Bigger Orders?
• Positive Sentiment: Walmart+ fuel discounts remain a popular membership perk, highlighting continued engagement with the subscription program and potential support for retention and recurring revenue. Walmart+ Executive Says Fuel Discounts Supercharge Member Engagement
• Positive Sentiment: Walmart is expanding in-house career pathways to train opticians, a move that could ease labor shortages in its Vision Center and Sam’s Club optical businesses while supporting service expansion. Walmart Expands In-House Career Pathways to Train Opticians
• Neutral Sentiment: Walmart is drawing elevated investor attention, but the coverage mainly reflects renewed interest rather than a clear new fundamental driver. Walmart Inc. (WMT) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Recent commentary notes Walmart’s shares are being compared with peers like Costco, underscoring that investors are still debating the best retail valuation and growth mix rather than reacting to a company-specific shock. Walmart vs Costco: This Is The Better Stock To Buy
• Negative Sentiment: One article says Walmart’s valuation remains rich relative to its growth outlook, which may be pressuring the stock as investors question how much upside is left at current levels. Walmart (WMT) Stock Weighs Rich Valuation Against E-Commerce And Store Investment Potential
• Negative Sentiment: The stock also slipped in the latest session despite a broader market uptick, reinforcing near-term selling pressure. Walmart (WMT) Stock Falls Amid Market Uptick: What Investors Need to Know

Insiders Place Their Bets

In other news, EVP Latriece Watkins sold 11,000 shares of the firm's stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. This trade represents a 8.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the sale, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. The trade was a 8.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 100,730 shares of company stock worth $12,444,624. 0.09% of the stock is currently owned by company insiders.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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