Rowlandmiller & PARTNERS.ADV Sells 6,511 Shares of Walmart Inc. $WMT

Rowlandmiller & PARTNERS.ADV cut its stake in Walmart Inc. (NASDAQ:WMT) by 3.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 180,308 shares of the retailer’s stock after selling 6,511 shares during the period. Walmart makes up approximately 3.7% of Rowlandmiller & PARTNERS.ADV’s holdings, making the stock its 5th largest holding. Rowlandmiller & PARTNERS.ADV’s holdings in Walmart were worth $18,583,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. BancFirst Trust & Investment Management increased its stake in Walmart by 6,334.6% in the 3rd quarter. BancFirst Trust & Investment Management now owns 326,622 shares of the retailer’s stock valued at $33,668,000 after purchasing an additional 321,546 shares in the last quarter. Hobart Private Capital LLC grew its holdings in Walmart by 3.2% in the third quarter. Hobart Private Capital LLC now owns 8,137 shares of the retailer’s stock valued at $839,000 after purchasing an additional 253 shares during the last quarter. Rydar Equities Inc. purchased a new position in shares of Walmart in the second quarter valued at $1,782,000. CacheTech Inc. acquired a new position in shares of Walmart during the 2nd quarter worth $365,000. Finally, Adams Wealth Management purchased a new stake in shares of Walmart in the 2nd quarter worth about $365,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $116.79 on Tuesday. The company has a market cap of $930.84 billion, a P/E ratio of 40.84, a P/E/G ratio of 5.40 and a beta of 0.64. The business has a fifty day simple moving average of $106.59 and a 200-day simple moving average of $101.66. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $117.45. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last released its 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 firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on WMT. Truist Financial raised their target price on shares of Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Evercore ISI set a $117.00 price objective on shares of Walmart and gave the stock an “outperform” rating in a research note on Tuesday, December 9th. The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Piper Sandler reiterated an “overweight” rating and set a $123.00 target price (up previously from $111.00) on shares of Walmart in a report on Friday, November 21st. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $122.00 price target (up previously from $118.00) on shares of Walmart in a research report on Friday, November 21st. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.31.

Insiders Place Their Bets

In other Walmart news, SVP David Chojnowski sold 7,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the transaction, the senior vice president owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This trade represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on 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 transaction, the executive vice president owned 879,815 shares in the company, valued at approximately $92,160,621.25. This trade represents a 1.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 126,403 shares of company stock valued at $13,386,774. 0.10% of the stock is currently owned by corporate insiders.

About Walmart

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.