Walmart Inc. $WMT Shares Sold by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC decreased its holdings in Walmart Inc. (NYSE:WMT) by 7.0% in the second quarter, HoldingsChannel.com reports. The firm owned 75,770 shares of the retailer’s stock after selling 5,686 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Walmart were worth $7,409,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Operose Advisors LLC raised its holdings in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC raised its holdings in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the period. Bear Mountain Capital Inc. raised its holdings in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after acquiring an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised 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 valued at $32,000 after acquiring an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC raised its holdings in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on WMT shares. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Tigress Financial increased their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Piper Sandler reissued an “overweight” rating and set a $111.00 target price on shares of Walmart in a report on Wednesday, September 24th. Finally, UBS Group reissued a “buy” rating and set a $122.00 target price (up previously from $110.00) on shares of Walmart in a report on Thursday. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $113.07.

Insiders Place Their Bets

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares in the company, valued at $112,540,026.25. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the sale, the executive vice president owned 892,940 shares of the company’s stock, valued at $96,241,073.20. This trade represents a 1.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 151,038 shares of company stock valued at $15,525,280. Insiders own 0.10% of the company’s stock.

Walmart Price Performance

WMT stock opened at $106.22 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The business has a 50 day simple moving average of $102.17 and a 200-day simple moving average of $98.79. The firm has a market capitalization of $846.91 billion, a PE ratio of 39.93, a price-to-earnings-growth ratio of 5.00 and a beta of 0.67. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 analysts’ expectations 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% on a year-over-year basis. During the same quarter last year, the company 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. Equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal 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.