Walmart Inc. $WMT Stake Reduced by Smith Chas P & Associates PA Cpas

Key Points

• Smith Chas P & Associates PA Cpas reduced its stake in Walmart Inc. by 1.2%, now holding 794,701 shares valued at approximately $77.7 million.
• Institutional investors have shown varied activity, with Kingstone Capital Partners significantly increasing its holdings by 397,264.9%, while Walmart remains a major position for several other firms.
• Walmart's recent earnings report showed a miss on EPS and revenue, recording $0.68 per share against the expected $0.74, with Q3 guidance set at 0.580-0.600 EPS.

Smith Chas P & Associates PA Cpas lessened its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 794,701 shares of the retailer's stock after selling 9,446 shares during the quarter. Walmart makes up 4.4% of Smith Chas P & Associates PA Cpas' portfolio, making the stock its 6th biggest position. Smith Chas P & Associates PA Cpas' holdings in Walmart were worth $77,706,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in WMT. Kingstone Capital Partners Texas LLC raised its holdings 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 worth $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Walmart during the first quarter valued at $2,532,331,000. Goldman Sachs Group Inc. boosted its position in shares of Walmart by 30.1% during 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 buying an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Walmart by 527.1% in the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock valued at $591,620,000 after acquiring an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board lifted its holdings in Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock valued at $371,295,000 after acquiring an additional 4,214,661 shares during the period. Institutional investors own 26.76% of the company's stock.

Walmart Trading Down 0.1%

WMT opened at $103.01 on Tuesday. The firm's fifty day moving average is $100.30 and its two-hundred day moving average is $96.31. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a market cap of $821.28 billion, a PE ratio of 38.73, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. Walmart Inc. has a twelve month low of $78.98 and a twelve month 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 return on equity of 21.45% and a net margin of 3.08%.The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $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. Equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president owned 906,064 shares of the company's stock, valued at $93,995,079.36. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 149,032 shares of company stock valued at $14,860,951 over the last three months. Insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WMT. Bank of America raised their price objective on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. Royal Bank Of Canada restated an "outperform" rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Telsey Advisory Group restated an "outperform" rating and set a $118.00 price target on shares of Walmart in a report on Wednesday, September 24th. Guggenheim reiterated a "buy" rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. Twenty-nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target 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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