SS&H Financial Advisors Inc. Sells 498 Shares of Walmart Inc. $WMT

SS&H Financial Advisors Inc. decreased its holdings in Walmart Inc. (NYSE:WMT) by 4.6% in the second quarter, Holdings Channel.com reports. The firm owned 10,239 shares of the retailer’s stock after selling 498 shares during the period. SS&H Financial Advisors Inc.’s holdings in Walmart were worth $1,001,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Weatherly Asset Management L. P. increased its position in shares of Walmart by 7.0% in the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after acquiring an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its position in shares of Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after acquiring an additional 9,831 shares during the period. Ally Financial Inc. purchased a new position in shares of Walmart in the first quarter valued at about $2,107,000. Night Squared LP purchased a new position in shares of Walmart in the first quarter valued at about $1,052,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Walmart by 11.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock valued at $698,787,000 after acquiring an additional 838,689 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Trading Down 1.0%

NYSE:WMT opened at $101.25 on Friday. Walmart Inc. has a one year low of $79.81 and a one year 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’s 50-day simple moving average is $102.46 and its 200 day simple moving average is $99.15. The firm has a market capitalization of $807.23 billion, a P/E ratio of 38.06, a PEG ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 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 business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the firm earned $0.67 EPS. The company’s revenue 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. As a group, analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. BTIG Research began coverage on shares of Walmart in a research report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price objective on the stock. Evercore ISI reaffirmed an “outperform” rating and issued a $111.00 target price (up from $110.00) on shares of Walmart in a research report on Tuesday, October 21st. DA Davidson set a $117.00 target price on shares of Walmart in a research report on Wednesday, October 15th. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Finally, Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, September 25th. The shares were 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 directly owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart 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 directly owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 148,838 shares of company stock valued at $15,309,020 over the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

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.