N.E.W. Advisory Services LLC Sells 15,064 Shares of Walmart Inc. $WMT

N.E.W. Advisory Services LLC lessened its stake in shares of Walmart Inc. (NASDAQ:WMT) by 52.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,932 shares of the retailer’s stock after selling 15,064 shares during the period. N.E.W. Advisory Services LLC’s holdings in Walmart were worth $1,362,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in WMT. Access Investment Management LLC bought a new position in Walmart during the second quarter valued at approximately $26,000. PFS Partners LLC raised its holdings in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares in the last quarter. Ridgewood Investments LLC boosted its position in shares of Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares during the last quarter. Livelsberger Financial Advisory purchased a new position in shares of Walmart in the second quarter valued at $44,000. Finally, Harbor Asset Planning Inc. bought a new stake in Walmart in the second quarter worth $46,000. 26.76% of the stock is owned by institutional investors.

Walmart Stock Up 1.0%

Shares of NASDAQ:WMT opened at $116.70 on Friday. The firm has a market capitalization of $930.12 billion, a PE ratio of 40.80, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64. The business has a 50 day simple moving average of $106.31 and a two-hundred day simple moving average of $101.49. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $116.95. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same period in the prior year, the business posted $0.58 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the completion of the sale, the executive vice president owned 879,815 shares in the company, valued at $92,160,621.25. This trade represents a 1.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 128,013 shares of company stock valued at $13,553,747. 0.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on WMT shares. Sanford C. Bernstein reissued an “outperform” rating and issued a $122.00 price objective (up from $118.00) on shares of Walmart in a research note on Friday, November 21st. Royal Bank Of Canada reiterated an “outperform” rating and issued a $123.00 price target on shares of Walmart in a research report on Tuesday. DA Davidson set a $130.00 price objective on Walmart and gave the company a “buy” rating in a research report on Friday, November 21st. Guggenheim reaffirmed a “buy” rating and issued a $120.00 price objective (up from $115.00) on shares of Walmart in a research note on Friday, November 21st. Finally, JPMorgan Chase & Co. boosted their target price on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $119.31.

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.