Walmart Inc. $WMT Shares Sold by Stack Financial Management Inc

Stack Financial Management Inc cut its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 1.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,053,588 shares of the retailer's stock after selling 20,094 shares during the period. Walmart comprises approximately 9.1% of Stack Financial Management Inc's investment portfolio, making the stock its 2nd biggest holding. Stack Financial Management Inc's holdings in Walmart were worth $103,020,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Weatherly Asset Management L. P. raised its position in shares of Walmart by 7.0% in the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer's stock worth $5,489,000 after acquiring an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its stake in shares of Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock worth $3,355,000 after purchasing an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new stake in shares of Walmart during the first quarter worth about $2,107,000. Night Squared LP purchased a new stake in shares of Walmart during the first quarter worth about $1,052,000. Finally, Monument Capital Management increased its stake in shares of Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock worth $4,829,000 after purchasing an additional 26,685 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

NYSE:WMT opened at $102.04 on Tuesday. 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 capitalization of $813.51 billion, a price-to-earnings ratio of 38.36, a PEG ratio of 4.80 and a beta of 0.67. The company's 50-day moving average is $101.27 and its two-hundred day moving average is $97.46. Walmart Inc. has a 1-year low of $79.76 and a 1-year high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate 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 net margin of 3.08% and a return on equity of 21.45%. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.67 earnings per share. 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 EPS for the current year.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares in the company, valued at $421,594,770.45. The trade was a 0.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business'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 transaction, the executive vice president owned 1,052,455 shares in the company, valued at $106,255,856.80. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 149,488 shares of company stock valued at $14,917,151. Company insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Bank of America boosted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. JPMorgan Chase & Co. cut their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Truist Financial cut their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Finally, Guggenheim reissued a "buy" rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, Walmart presently has an average rating of "Moderate Buy" and an average target price of $112.38.

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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