Field & Main Bank Decreases Stake in Walmart Inc. $WMT

Field & Main Bank lowered its holdings in shares of Walmart Inc. (NYSE:WMT) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,721 shares of the retailer’s stock after selling 690 shares during the quarter. Walmart makes up 3.8% of Field & Main Bank’s portfolio, making the stock its 3rd biggest holding. Field & Main Bank’s holdings in Walmart were worth $11,608,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares in the last quarter. Mainstream Capital Management LLC increased its holdings in shares of Walmart by 13.6% in the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after purchasing an additional 1,474 shares during the last quarter. Golden State Wealth Management LLC lifted its position in shares of Walmart by 4.8% in the first quarter. Golden State Wealth Management LLC now owns 16,981 shares of the retailer’s stock worth $1,491,000 after buying an additional 777 shares in the last quarter. Finally, Rovin Capital UT ADV lifted its position in shares of Walmart by 7.1% in the first quarter. Rovin Capital UT ADV now owns 3,152 shares of the retailer’s stock worth $277,000 after buying an additional 210 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Bank of America raised their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Telsey Advisory Group reissued an “outperform” rating and issued a $118.00 target price on shares of Walmart in a report on Wednesday, September 24th. DA Davidson set a $117.00 price target on shares of Walmart in a research note on Wednesday, October 15th. Truist Financial dropped their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Finally, Tigress Financial upped their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

Walmart Price Performance

Walmart stock opened at $102.38 on Thursday. Walmart Inc. has a 12-month low of $79.81 and a 12-month 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 firm has a 50-day moving average price of $102.28 and a 200-day moving average price of $99.05. The firm has a market capitalization of $816.27 billion, a PE ratio of 38.49, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm 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%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. 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. As a group, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity

In other news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total transaction 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 approximately $112,540,026.25. This trade 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 can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the completion of the transaction, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. The trade was a 0.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 151,038 shares of company stock worth $15,525,280 in the last three months. Corporate insiders own 0.10% of the company’s stock.

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.