BLB&B Advisors LLC Sells 252 Shares of Walmart Inc. $WMT

BLB&B Advisors LLC lessened its stake in shares of Walmart Inc. (NYSE:WMT) by 2.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,449 shares of the retailer’s stock after selling 252 shares during the quarter. BLB&B Advisors LLC’s holdings in Walmart were worth $826,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its holdings in Walmart by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC increased 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. increased 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. increased 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. increased 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 own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the transaction, the chief executive officer owned 4,373,576 shares in the company, valued at $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 148,838 shares of company stock valued at $15,309,020 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Walmart Stock Down 0.1%

NYSE WMT opened at $102.33 on Friday. The stock has a fifty day moving average of $102.37 and a 200-day moving average of $99.07. The stock has a market capitalization of $815.82 billion, a P/E ratio of 38.47, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

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 the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the business earned $0.67 earnings per share. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. 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 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently 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. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Mizuho reissued an “outperform” rating and issued a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Finally, UBS Group reissued a “buy” rating and issued a $122.00 target price (up from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus 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.