Smithfield Trust Co Sells 878 Shares of Walmart Inc. $WMT

Smithfield Trust Co trimmed its stake in Walmart Inc. (NYSE:WMT) by 2.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 38,395 shares of the retailer’s stock after selling 878 shares during the period. Smithfield Trust Co’s holdings in Walmart were worth $3,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its position in shares of Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC boosted its stake in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Walmart by 134.5% during the first quarter. Massachusetts Financial Services Co. MA now owns 363,831 shares of the retailer’s stock worth $31,941,000 after buying an additional 1,418,368 shares in the last quarter. Prevail Innovative Wealth Advisors LLC increased its holdings in Walmart by 12.9% in the 1st quarter. Prevail Innovative Wealth Advisors LLC now owns 3,847 shares of the retailer’s stock valued at $338,000 after buying an additional 440 shares during the period. Finally, Bryn Mawr Capital Management LLC acquired a new position in shares of Walmart in the 1st quarter valued at $523,000. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,550 shares of Walmart stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total value of $166,563.00. Following the completion of the transaction, the executive vice president directly owned 644,418 shares of the company’s stock, valued at $69,249,158.28. The trade was a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $101.18, for a total transaction of $222,596.00. Following the transaction, the executive vice president owned 619,518 shares in the company, valued at approximately $62,682,831.24. This trade represents a 0.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 151,038 shares of company stock valued at $15,531,616 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

Walmart Stock Performance

NYSE:WMT opened at $103.47 on Thursday. The stock has a market capitalization of $824.92 billion, a P/E ratio of 38.90, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The firm has a 50 day moving average of $103.33 and a 200-day moving average of $99.63.

Walmart (NYSE:WMT) last released its quarterly earnings results 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 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 quarter last year, the company earned $0.67 earnings per share. The firm’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, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on WMT shares. Evercore ISI reissued an “outperform” rating and issued a $111.00 target price (up previously from $110.00) on shares of Walmart in a research note on Tuesday, October 21st. UBS Group reaffirmed a “buy” rating and set a $122.00 price objective (up from $110.00) on shares of Walmart in a report on Thursday, October 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on Walmart from $127.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, The Goldman Sachs Group boosted their price target on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Thirty-two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $113.50.

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.