Focus Partners Wealth Sells 219,699 Shares of Walmart Inc. $WMT

Key Points

• Focus Partners Wealth has reduced its stake in Walmart Inc. by 8.3%, selling 219,699 shares, resulting in ownership of 2,439,755 shares valued at approximately $214 million.
• Walmart's recent quarterly earnings indicated an EPS miss of $0.68, falling short of the consensus estimate of $0.74, along with a revenue of $169.34 billion compared to the expected $174.02 billion.
• Several institutional investors, including Operose Advisors LLC and Bear Mountain Capital Inc., have significantly increased their positions in Walmart, with Operose Advisors raising its stake by 319.7%.

Focus Partners Wealth trimmed its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 8.3% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 2,439,755 shares of the retailer's stock after selling 219,699 shares during the quarter. Focus Partners Wealth's holdings in Walmart were worth $214,190,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of WMT. Nuveen LLC bought a new stake in Walmart in the 1st quarter worth about $2,532,331,000. GAMMA Investing LLC lifted its holdings in Walmart by 9,896.9% in the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock valued at $697,029,000 after acquiring an additional 7,860,306 shares during the period. Goldman Sachs Group Inc. lifted its holdings 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 acquiring an additional 7,706,201 shares during the period. 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. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated 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 sale, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at $421,594,770.45. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the sale, the executive vice president directly owned 919,189 shares in the company, valued at approximately $90,586,075.95. This represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 121,382 shares of company stock valued at $11,718,441. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Truist Financial lowered their target price on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. JPMorgan Chase & Co. reduced their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. The Goldman Sachs Group upped their target price on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a report on Friday, August 22nd. Finally, Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $110.76.

Walmart Stock Performance

NYSE:WMT traded up $2.23 during mid-day trading on Thursday, hitting $102.64. 15,893,966 shares of the company traded hands, compared to its average volume of 17,623,236. The stock's fifty day moving average price is $98.61 and its 200-day moving average price is $95.37. Walmart Inc. has a one year low of $77.49 and a one year high of $105.30. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a market cap of $818.33 billion, a price-to-earnings ratio of 38.59, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65.

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

Walmart 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.