Walmart Inc. $WMT Stock Sold by CoreCap Advisors LLC

Key Points

• CoreCap Advisors cut its Walmart stake by 26% in the third quarter, selling 17,547 shares and retaining 50,027 shares worth approximately $5.2 million. Institutional investors and hedge funds own 26.76% of Walmart.
• Walmart insiders have also been selling shares: CEO John Furner and EVP Christopher Nicholas sold stock under pre-arranged Rule 10b5-1 plans, while insiders sold 81,219 shares worth $8.6 million over the past 90 days.
• Walmart exceeded quarterly earnings and revenue expectations, with EPS of $0.81 and revenue of $187.94 billion, up 5.9% year over year. Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $131.74, though the stock’s roughly 40 P/E ratio presents valuation risk.

CoreCap Advisors LLC reduced its position in Walmart Inc. (NASDAQ:WMT - Free Report) by 26.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,027 shares of the retailer's stock after selling 17,547 shares during the quarter. CoreCap Advisors LLC's holdings in Walmart were worth $5,199,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Merkkuri Wealth Advisors LLC purchased a new position in Walmart during the 1st quarter worth $29,000. Montgomery Financial Services LLC acquired a new stake in Walmart in the 2nd quarter worth approximately $32,000. Sankala Group LLC purchased a new stake in Walmart during the 4th quarter worth approximately $33,000. Turim 21 Investimentos Ltda. acquired a new stake in shares of Walmart during the first quarter worth $37,000. Finally, Pingora Partners LLC purchased a new stake in shares of Walmart during the second quarter valued at $34,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Christopher Nicholas sold 2,900 shares of the company's stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $106.65, for a total transaction of $309,285.00. Following the sale, the executive vice president owned 566,253 shares in the company, valued at $60,390,882.45. This represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $106.66, for a total value of $1,399,912.50. Following the completion of the transaction, the chief executive officer owned 647,912 shares of the company's stock, valued at $69,106,293.92. The trade was a 1.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 81,219 shares of company stock worth $8,604,429. 0.09% of the stock is currently owned by company insiders.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: New California fulfillment hub: Walmart is opening a California facility expected to create approximately 1,000 jobs. The investment could improve regional distribution capacity and support faster delivery, although the direct financial impact was not disclosed. Walmart Stock Gains as New California Hub Creates 1,000 Jobs
• Positive Sentiment: Faster pickup and improved in-store technology: Walmart’s new Express Pickup service promises eligible Walmart+ orders in as little as one hour, while “Shop to Light” helps customers locate products. The features could increase Walmart+ engagement, improve convenience during the holiday season and strengthen competition with Amazon and other e-commerce retailers. Walmart’s One-Hour Express Pickup Push
• Positive Sentiment: Retail-media expansion: Walmart Connect is extending its shopper-data advertising platform across connected TV, streaming audio and other third-party channels through partnerships with Warner Bros. Discovery, Spotify and Yahoo. Broader advertising reach and measurable commerce data could help Walmart grow higher-margin revenue beyond its stores. Walmart’s Shopper Data and Advertising Business
• Neutral Sentiment: AI-agent partnership: Walmart is participating in a proposed protocol from Meta and Sierra that would allow consumers’ AI agents to interact with businesses. The initiative could eventually streamline shopping and customer service, but its commercial benefits and timing remain uncertain. Meta and Sierra Launch AI-Agent Protocol
• Negative Sentiment: Valuation risk: Walmart trades at roughly 39 times earnings, well above the broader S&P 500 multiple, despite latest-quarter revenue growth of 5.9%. Investors may require stronger profit growth from advertising, e-commerce, memberships and other higher-margin businesses to justify the premium. Where Could Walmart’s Next Growth Come From?

Analysts Set New Price Targets

A number of brokerages have commented on WMT. Piper Sandler reaffirmed an "overweight" rating and set a $128.00 price target (down from $137.00) on shares of Walmart in a research report on Friday, August 21st. Jefferies Financial Group restated a "buy" rating and issued a $120.00 price objective on shares of Walmart in a research note on Friday, August 21st. Raymond James Financial reiterated an "outperform" rating and issued a $130.00 price target on shares of Walmart in a report on Friday, August 21st. KeyCorp reaffirmed an "overweight" rating on shares of Walmart in a report on Thursday, September 10th. Finally, Telsey Advisory Group reissued an "outperform" rating and set a $130.00 target price (down from $140.00) on shares of Walmart in a report on Friday, August 21st. Three analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $131.74.

Walmart Price Performance

Walmart stock opened at $110.56 on Friday. Walmart Inc. has a 12-month low of $98.88 and a 12-month high of $135.15. The stock has a market cap of $877.16 billion, a P/E ratio of 39.91, a PEG ratio of 4.12 and a beta of 0.58. The company has a 50-day moving average price of $108.42 and a 200 day moving average price of $116.49. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The firm had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. During the same period last year, the company earned $0.68 EPS. The company's quarterly revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Sell-side analysts anticipate that Walmart Inc. will post 2.87 earnings per share for the current year.

Walmart Company Profile

Walmart Inc NASDAQ: WMT is a multinational retailer that operates supercenters, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its merchandise includes groceries, apparel, electronics, home goods, health and wellness products, household essentials and general merchandise. Walmart also provides services such as grocery pickup and delivery, pharmacy services, financial products and digital advertising.

The company serves customers through its Walmart U.S., Walmart International and Sam's Club segments.

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