Evelyn Partners Asset Management Ltd Lowers Position in Walmart Inc. $WMT

Evelyn Partners Asset Management Ltd decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 96.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 564 shares of the retailer’s stock after selling 14,812 shares during the period. Evelyn Partners Asset Management Ltd’s holdings in Walmart were worth $55,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Access Investment Management LLC bought a new stake in shares of Walmart during the 2nd quarter valued at about $26,000. Operose Advisors LLC raised its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC lifted its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its stake in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after buying an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC increased its holdings in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after buying an additional 115 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WMT has been the subject of a number of research analyst reports. Telsey Advisory Group lifted their price objective on shares of Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday. Wolfe Research assumed coverage on Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target for the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $116.00 price objective on shares of Walmart in a report on Friday. UBS Group reissued a “buy” rating on shares of Walmart in a report on Friday, November 14th. Finally, Wells Fargo & Company set a $120.00 target price on Walmart and gave the stock an “overweight” rating in a research report on Friday. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average price target of $118.55.

Insider Activity at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $101.18, for a total transaction of $222,596.00. Following the completion of the sale, the executive vice president owned 619,518 shares of the company’s stock, valued at $62,682,831.24. This represents a 0.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the completion of the transaction, the executive vice president owned 1,040,455 shares in the company, valued at $105,741,441.65. The trade was a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 137,888 shares of company stock worth $14,241,903 over the last ninety days. Insiders own 0.10% of the company’s stock.

Walmart Trading Down 1.7%

Shares of WMT stock opened at $105.29 on Friday. The business has a 50-day moving average of $103.52 and a 200 day moving average of $99.89. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The stock has a market capitalization of $839.46 billion, a PE ratio of 39.58, a P/E/G ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

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.