Walmart Inc. $WMT Stock Position Lowered by NBC Securities Inc.

Key Points

• NBC Securities Inc. reduced its stake in Walmart by 5.1% in Q2, holding 99,290 shares worth approximately $9.7 million.
• Walmart reported earnings of $0.68 per share, missing estimates of $0.74, with quarterly revenue at $169.34 billion, below the expected $174.02 billion.
• Analysts have mixed views on Walmart, with one Strong Buy, twenty-nine Buys, and one Hold, and an average price target of $110.76.

NBC Securities Inc. trimmed its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 5.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 99,290 shares of the retailer's stock after selling 5,385 shares during the period. Walmart accounts for 0.8% of NBC Securities Inc.'s investment portfolio, making the stock its 12th biggest holding. NBC Securities Inc.'s holdings in Walmart were worth $9,708,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of WMT. Operose Advisors LLC raised its position in Walmart by 319.7% during 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 period. Bear Mountain Capital Inc. lifted its position in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after purchasing an additional 294 shares during the period. EQ Wealth Advisors LLC purchased a new position in Walmart during the first quarter valued at approximately $35,000. Finally, Lipe & Dalton increased its stake in Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Trading Up 0.8%

Shares of NYSE:WMT opened at $103.48 on Monday. 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 stock's 50-day moving average is $98.71 and its 200-day moving average is $95.39. The company has a market cap of $825.03 billion, a P/E ratio of 38.90, a P/E/G ratio of 4.97 and a beta of 0.65. Walmart Inc. has a 52-week low of $77.49 and a 52-week high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last announced 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 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 for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.67 EPS. 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 predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the transaction, the chief executive officer directly owned 4,412,398 shares in the company, valued at $421,737,000.84. This represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $95.14, for a total transaction of $380,560.00. Following the completion of the sale, the executive vice president owned 1,056,455 shares in the company, valued at $100,511,128.70. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 119,622 shares of company stock worth $11,551,646. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on WMT. JPMorgan Chase & Co. dropped their price target on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Tigress Financial lifted their price target on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. The Goldman Sachs Group increased their price objective on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Mizuho reissued an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $110.76.

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.

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