Ethos Financial Group LLC Has $2.26 Million Stock Holdings in Walmart Inc. $WMT

Ethos Financial Group LLC lowered its stake in shares of Walmart Inc. (NYSE:WMT) by 36.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,072 shares of the retailer’s stock after selling 13,438 shares during the period. Ethos Financial Group LLC’s holdings in Walmart were worth $2,256,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Access Investment Management LLC bought a new stake in shares of Walmart in the 2nd quarter valued at about $26,000. Operose Advisors LLC increased its position in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC increased its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the last quarter. Ridgewood Investments LLC raised its stake in Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the period. Finally, Bear Mountain Capital Inc. lifted its position in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after buying an additional 167 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,550 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total transaction of $166,563.00. Following the completion of the sale, the executive vice president owned 644,418 shares of the company’s stock, valued at $69,249,158.28. This represents a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares in the company, valued at $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 151,038 shares of company stock worth $15,531,616. 0.10% of the stock is owned by insiders.

Walmart Stock Performance

NYSE WMT opened at $101.47 on Thursday. The firm has a 50-day moving average price of $102.80 and a two-hundred day moving average price of $99.34. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57. The company has a market capitalization of $809.01 billion, a P/E ratio of 38.15, a P/E/G ratio of 4.83 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on WMT shares. The Goldman Sachs Group boosted their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Guggenheim reiterated a “buy” rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Finally, Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus 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.