Walmart Inc. $WMT Shares Sold by Moran Wealth Management LLC

Key Points

• Moran Wealth Management LLC reduced its position in Walmart by 2.1%, now owning 157,848 shares valued at approximately $15.43 million after selling 3,335 shares.
• Insider transactions include CTO Suresh Kumar selling 30,000 shares for about $3.10 million, and EVP John R. Furner selling 13,125 shares for approximately $1.25 million, reflecting decreases in their holdings.
• Walmart's Q2 earnings report showed earnings per share of $0.68, missing expectations, alongside a revenue of $169.34 billion, which also fell short of analyst forecasts.

Moran Wealth Management LLC decreased its position in Walmart Inc. (NYSE:WMT - Free Report) by 2.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 157,848 shares of the retailer's stock after selling 3,335 shares during the quarter. Moran Wealth Management LLC's holdings in Walmart were worth $15,434,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in WMT. Vanguard Group Inc. increased its stake in Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its stake in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Walmart by 1.3% in the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock valued at $2,710,665,000 after purchasing an additional 387,424 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Walmart by 2.9% in the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after purchasing an additional 823,020 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Activity

In related news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total value of $1,248,712.50. Following the completion of the sale, the executive vice president directly owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. This trade represents a 1.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 149,488 shares of company stock valued at $14,917,151. Corporate insiders own 0.10% of the company's stock.

Walmart Stock Performance

NYSE:WMT opened at $107.15 on Wednesday. The firm's fifty day moving average price is $101.43 and its 200 day moving average price is $97.53. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $107.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market cap of $854.27 billion, a price-to-earnings ratio of 40.28, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter last year, the business earned $0.67 earnings per share. The business's quarterly 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. On average, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on WMT. Wolfe Research began coverage on shares of Walmart in a research note on Thursday, September 18th. They issued an "outperform" rating and a $129.00 price target on the stock. Royal Bank Of Canada restated an "outperform" rating and set a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. The Goldman Sachs Group raised their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Walmart presently has an average rating of "Moderate Buy" and an average target price of $112.63.

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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