Walmart Inc. $WMT Shares Sold by Smith Moore & CO.

Smith Moore & CO. lessened its holdings in Walmart Inc. (NYSE:WMT) by 4.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 57,895 shares of the retailer’s stock after selling 2,806 shares during the period. Smith Moore & CO.’s holdings in Walmart were worth $5,661,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of WMT. Access Investment Management LLC purchased a new position in shares of Walmart in the second quarter worth about $26,000. Operose Advisors LLC lifted its position in Walmart by 319.7% during 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 during the period. 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 period. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC lifted 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 valued at $32,000 after buying an additional 115 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on WMT shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $116.00 target price on shares of Walmart in a report on Friday, November 21st. Cowen reiterated a “buy” rating on shares of Walmart in a research note on Monday, November 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Bank of America increased their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Finally, UBS Group reiterated a “buy” rating on shares of Walmart in a report on Friday, November 14th. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus target price of $118.55.

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred 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 sale, the executive vice president owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. The trade was a 0.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total value of $406,520.00. Following the sale, the executive vice president directly owned 1,040,455 shares of the company’s stock, valued at approximately $105,741,441.65. This trade represents a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 138,597 shares of company stock worth $14,499,943. Insiders own 0.10% of the company’s stock.

Walmart Stock Up 1.3%

Shares of NYSE:WMT opened at $110.51 on Monday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $110.70. The stock has a market cap of $881.08 billion, a P/E ratio of 41.55, a PEG ratio of 4.83 and a beta of 0.67. The business has a fifty day moving average of $103.97 and a two-hundred day moving average of $100.31. 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 posted its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same quarter in the previous year, the firm earned $0.58 EPS. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts expect 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.