Walmart Inc. $WMT Stake Cut by Prostatis Group LLC

Key Points

• Prostatis Group LLC has reduced its stake in Walmart Inc. by 21.0% during the first quarter, now holding 13,603 shares valued at $1,194,000.
• Insider selling includes EVP Kathryn J. Mclay and CEO C Douglas Mcmillon, who sold shares valued at approximately $403,840 and $1.86 million, respectively, in August.
• Walmart reported $0.68 EPS for the last quarter, missing expectations, with a revenue of $169.34 billion, below the forecasted $174.02 billion.

Prostatis Group LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 21.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,603 shares of the retailer's stock after selling 3,624 shares during the quarter. Prostatis Group LLC's holdings in Walmart were worth $1,194,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in WMT. American Trust increased its stake in Walmart by 10.7% in the 1st quarter. American Trust now owns 12,270 shares of the retailer's stock valued at $1,077,000 after buying an additional 1,185 shares during the period. McIlrath & Eck LLC grew its holdings in shares of Walmart by 47.9% during the 1st quarter. McIlrath & Eck LLC now owns 5,298 shares of the retailer's stock valued at $465,000 after acquiring an additional 1,716 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Walmart by 57.2% in the first quarter. Empowered Funds LLC now owns 250,141 shares of the retailer's stock worth $21,960,000 after acquiring an additional 91,016 shares during the last quarter. Faithward Advisors LLC increased its stake in shares of Walmart by 4.1% in the first quarter. Faithward Advisors LLC now owns 11,012 shares of the retailer's stock worth $967,000 after acquiring an additional 432 shares during the last quarter. Finally, MBB Public Markets I LLC purchased a new stake in shares of Walmart during the first quarter worth $322,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the transaction, the executive vice president directly owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at approximately $421,594,770.45. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold 121,382 shares of company stock worth $11,718,441 in the last quarter. 0.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. DA Davidson reissued a "buy" rating and issued a $117.00 price target on shares of Walmart in a research note on Friday, May 16th. Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Finally, Tigress Financial lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, Walmart has a consensus rating of "Buy" and a consensus target price of $110.76.

Walmart Stock Performance

Shares of NYSE WMT opened at $102.26 on Tuesday. The business's 50-day simple moving average is $98.38 and its 200-day simple moving average is $95.22. 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 Inc. has a 52 week low of $76.49 and a 52 week high of $105.30. The firm has a market cap of $815.33 billion, a price-to-earnings ratio of 38.44, a P/E/G ratio of 4.83 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the company earned $0.67 EPS. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. 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, equities research analysts expect that Walmart Inc. will post 2.55 earnings per share 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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