Walmart Inc. $WMT Shares Sold by Highland Capital Management LLC

Highland Capital Management LLC lowered its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 7.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,319 shares of the retailer's stock after selling 7,467 shares during the quarter. Highland Capital Management LLC's holdings in Walmart were worth $9,223,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bedel Financial Consulting Inc. increased its stake in shares of Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after purchasing an additional 102 shares during the period. Scott & Selber Inc. grew its holdings in Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after buying an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC grew its holdings in Walmart by 1.4% in 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 in the last quarter. Lauterbach Financial Advisors LLC increased its position in Walmart by 1.8% in the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after acquiring an additional 106 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC raised its stake in Walmart by 1.4% during the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock valued at $685,000 after acquiring an additional 106 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on WMT shares. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a research note on Saturday, September 27th. Bank of America upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Mizuho reissued an "outperform" rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Tigress Financial boosted their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 3rd. Finally, The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Thirty equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $112.38.

Insider Buying and Selling

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total transaction of $403,840.00. Following the sale, the executive vice president owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. The trade was a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the sale, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at $421,594,770.45. This represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 151,232 shares of company stock worth $15,083,877. Company insiders own 0.10% of the company's stock.

Walmart Stock Performance

NYSE:WMT opened at $102.15 on Monday. The company has a 50-day moving average of $100.77 and a 200-day moving average of $96.76. The firm has a market cap of $814.46 billion, a price-to-earnings ratio of 38.40, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results 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). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $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. Analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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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