Walmart Inc. $WMT Shares Sold by Eaton Financial Holdings Company LLC

Key Points

• Eaton Financial Holdings Company LLC sold 5,849 shares of Walmart, reducing its holdings by 32.5% during the second quarter, leaving it with 12,159 shares valued at approximately $1.19 million.
• Walmart's Q2 earnings missed analysts' expectations, reporting $0.68 EPS against an anticipated $0.74 EPS, alongside a revenue of $169.34 billion, lower than the projected $174.02 billion.
• Investment analysts are generally optimistic about Walmart, with the stock receiving an average rating of "Moderate Buy" and a target price of $112.62 from 29 investment firms.

Eaton Financial Holdings Company LLC reduced its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 32.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,159 shares of the retailer's stock after selling 5,849 shares during the period. Eaton Financial Holdings Company LLC's holdings in Walmart were worth $1,189,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Kelly Financial Group LLC acquired a new position in shares of Walmart during the 2nd quarter worth about $307,000. Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its stake in Walmart by 0.8% during the second quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 17,150 shares of the retailer's stock worth $1,677,000 after purchasing an additional 140 shares during the last quarter. Focused Wealth Management Inc lifted its stake in Walmart by 4.1% during the second quarter. Focused Wealth Management Inc now owns 25,321 shares of the retailer's stock worth $2,476,000 after purchasing an additional 1,005 shares during the last quarter. Revisor Wealth Management LLC boosted its holdings in Walmart by 3.2% in the second quarter. Revisor Wealth Management LLC now owns 17,756 shares of the retailer's stock valued at $1,683,000 after purchasing an additional 548 shares in the last quarter. Finally, Hofer & Associates. Inc increased its stake in Walmart by 5.9% in the second quarter. Hofer & Associates. Inc now owns 9,891 shares of the retailer's stock valued at $967,000 after purchasing an additional 553 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Price Performance

WMT stock opened at $102.79 on Tuesday. The firm has a 50 day moving average of $99.54 and a 200-day moving average of $95.72. Walmart Inc. has a 12-month low of $78.98 and a 12-month high of $106.11. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company has a market cap of $819.53 billion, a price-to-earnings ratio of 38.64, a PEG ratio of 4.82 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the sale, the executive vice president directly owned 1,052,455 shares in the company, valued at $106,255,856.80. 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 151,232 shares of company stock worth $14,960,635. Corporate insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on WMT shares. Truist Financial dropped their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Tigress Financial raised their price objective on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Wolfe Research started coverage on Walmart in a research report on Thursday, September 18th. They issued an "outperform" rating and a $129.00 target price for the company. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 price target on shares of Walmart in a research report on Friday, August 22nd. Twenty-nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Walmart has an average rating of "Moderate Buy" and an average target price of $112.62.

Walmart 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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