Burford Brothers Inc. reduced its position in shares of Walmart Inc. (NYSE:WMT – Free Report) by 1.8% in the 2nd quarter, Holdings Channel reports. The firm owned 23,983 shares of the retailer’s stock after selling 451 shares during the period. Walmart accounts for approximately 1.1% of Burford Brothers Inc.’s holdings, making the stock its 19th largest position. Burford Brothers Inc.’s holdings in Walmart were worth $2,345,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealthstream Advisors Inc. increased its stake in shares of Walmart by 39.7% in the 2nd quarter. Wealthstream Advisors Inc. now owns 5,124 shares of the retailer’s stock valued at $501,000 after purchasing an additional 1,456 shares during the last quarter. Gladwyn Financial Advisors Inc. acquired a new stake in Walmart in the second quarter valued at about $178,000. Schubert & Co boosted its stake in Walmart by 12.7% in the second quarter. Schubert & Co now owns 3,424 shares of the retailer’s stock valued at $335,000 after buying an additional 385 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Walmart in the second quarter valued at about $55,747,000. Finally, Woodard & Co. Asset Management Group Inc. ADV bought a new position in shares of Walmart in the second quarter worth about $1,401,000. 26.76% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. Oppenheimer lifted their price target on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Truist Financial dropped their price target on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. dropped their target price on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.63.
Insider Activity
In related news, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a 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 dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,038 shares of company stock worth $15,249,614 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.
Walmart Trading Up 1.3%
Shares of WMT stock opened at $107.80 on Friday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market cap of $859.50 billion, a price-to-earnings ratio of 40.53, a PEG ratio of 5.08 and a beta of 0.67. The stock has a 50-day moving average of $101.69 and a 200-day moving average of $97.92.
Walmart (NYSE:WMT – Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company 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%.Walmart’s revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm 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. On average, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.
Walmart Company 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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