Walmart Inc. $WMT Shares Sold by Wilmington Savings Fund Society FSB

Key Points

• Wilmington Savings Fund Society FSB reduced its stake in Walmart Inc. by 9.7%, selling 14,232 shares to hold 133,156 shares valued at $13 million.
• Walmart's stock received positive analyst ratings, with twenty-nine analysts recommending a "Buy" and the stock benefiting from price target increases to between $111 and $125.
• In recent insider trading, Walmart's CTO sold 30,000 shares worth over $3 million, indicating a slight decrease in their holdings.

Wilmington Savings Fund Society FSB lowered its stake in Walmart Inc. (NYSE:WMT - Free Report) by 9.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 133,156 shares of the retailer's stock after selling 14,232 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in Walmart were worth $13,020,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of WMT. Operose Advisors LLC lifted its position in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC lifted its position in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after buying an additional 233 shares during the last quarter. Bear Mountain Capital Inc. lifted its position in Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after buying an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after buying an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC lifted its position in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after purchasing an additional 115 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on WMT shares. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Telsey Advisory Group reissued an "outperform" rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Bank of America increased 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 17th. Piper Sandler reissued an "overweight" rating and set a $111.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Finally, Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $112.63.

Insider Activity at Walmart

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

Walmart Stock Up 4.9%

Shares of Walmart stock opened at $107.15 on Wednesday. The company has a market capitalization of $854.27 billion, a P/E ratio of 40.28, a P/E/G ratio of 4.81 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $107.92. The company has a 50 day moving average of $101.43 and a 200 day moving average of $97.53.

Walmart (NYSE:WMT - Get Free Report) last issued its 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). 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 company posted $0.67 EPS. The company'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. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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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