Cahaba Wealth Management Inc. Sells 956 Shares of Walmart Inc. $WMT

Cahaba Wealth Management Inc. trimmed its position in Walmart Inc. (NYSE:WMT) by 7.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,382 shares of the retailer’s stock after selling 956 shares during the period. Cahaba Wealth Management Inc.’s holdings in Walmart were worth $1,113,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC lifted its holdings in shares of Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the period. Nuveen LLC purchased a new stake in Walmart in the 1st quarter valued at approximately $2,532,331,000. Goldman Sachs Group Inc. raised its holdings in Walmart by 30.1% in the 1st 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 last quarter. Wellington Management Group LLP grew its stake in shares of Walmart by 527.1% during 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 in the last quarter. Finally, Ontario Teachers Pension Plan Board raised its holdings in shares of Walmart by 28,684.8% during 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 buying an additional 4,214,661 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the subject of several recent analyst reports. Tigress Financial raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. The Goldman Sachs Group upped their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. KeyCorp increased their target price on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, June 9th. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the company an “outperform” rating in a research report on Friday, August 22nd. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 price target on shares of Walmart in a research note on Wednesday. Twenty-nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $112.38.

Walmart Stock Up 0.1%

Walmart stock opened at $103.14 on Friday. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The company has a market cap of $822.32 billion, a PE ratio of 38.77, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. The stock’s 50 day moving average price is $100.16 and its 200 day moving average price is $96.11. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion for 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 firm’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 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. On average, sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. 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 John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares in the company, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock worth $15,077,519 in the last 90 days. Company insiders own 0.10% of the company’s stock.

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.