Walmart Inc. $WMT Shares Sold by Laraway Financial Advisors Inc

Laraway Financial Advisors Inc lessened its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 26.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,872 shares of the retailer's stock after selling 6,114 shares during the quarter. Walmart comprises about 1.3% of Laraway Financial Advisors Inc's investment portfolio, making the stock its 24th biggest position. Laraway Financial Advisors Inc's holdings in Walmart were worth $1,650,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in WMT. Operose Advisors LLC boosted its holdings in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC boosted its holdings in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Bear Mountain Capital Inc. boosted its holdings in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after purchasing an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC raised its position in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after buying an additional 115 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Mizuho reaffirmed an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. Guggenheim reaffirmed a "buy" rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. The Goldman Sachs Group raised their price objective on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Finally, Tigress Financial raised their price objective on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 3rd. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $112.38.

Walmart Stock Up 0.4%

NYSE:WMT opened at $103.12 on Wednesday. The company has a market capitalization of $822.14 billion, a price-to-earnings ratio of 38.77, a price-to-earnings-growth ratio of 4.84 and a beta of 0.67. Walmart Inc. has a one year low of $79.07 and a one year high of $106.11. The stock has a 50-day simple moving average of $100.97 and a 200 day simple moving average of $96.92. 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 (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the firm earned $0.67 earnings per share. The business'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. Sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the sale, the executive vice president owned 906,064 shares of the company's stock, valued at approximately $93,995,079.36. The trade was a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $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 90 days, insiders have sold 151,232 shares of company stock valued at $15,083,877. Company insiders own 0.10% of the company's stock.

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.

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