Walmart Inc. $WMT Shares Sold by Bristlecone Advisors LLC

Bristlecone Advisors LLC lowered its holdings in Walmart Inc. (NYSE:WMT) by 37.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,074 shares of the retailer’s stock after selling 3,036 shares during the period. Bristlecone Advisors LLC’s holdings in Walmart were worth $496,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after acquiring an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its holdings in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Walmart by 30.1% during 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 purchasing an additional 7,706,201 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after purchasing an additional 387,424 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Walmart by 2.9% during the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock valued at $2,562,427,000 after purchasing an additional 823,020 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 0.8%

NYSE WMT 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 debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company has a market capitalization of $816.27 billion, a price-to-earnings ratio of 38.49, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67. The company’s fifty day moving average price is $102.28 and its two-hundred day moving average price is $99.05.

Walmart (NYSE:WMT) 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter last year, the company earned $0.67 earnings per share. The company’s revenue was up 4.8% compared to the same quarter last year. 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, research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the transaction, the executive vice president directly owned 919,189 shares in the company, valued at approximately $90,586,075.95. This trade represents a 1.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the transaction, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 151,038 shares of company stock valued at $15,525,280. Corporate insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on WMT. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Mizuho reaffirmed an “outperform” rating and set a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. The Goldman Sachs Group raised their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $118.00 price target on shares of Walmart in a report on Wednesday, September 24th. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $111.00 price target (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $113.40.

Walmart 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.