Walmart Inc. $WMT Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its position in Walmart Inc. (NASDAQ:WMT) by 4.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,119,609 shares of the retailer’s stock after selling 248,178 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Walmart were worth $579,844,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. MFA Wealth Services raised its holdings in shares of Walmart by 0.7% in the 1st quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock valued at $1,356,000 after purchasing an additional 80 shares in the last quarter. Realta Investment Advisors grew its stake in shares of Walmart by 2.0% during the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock worth $508,000 after purchasing an additional 81 shares in the last quarter. Compton Financial Group LLC grew its stake in shares of Walmart by 4.1% during the first quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer’s stock worth $259,000 after purchasing an additional 82 shares in the last quarter. Calton & Associates Inc. increased its holdings in Walmart by 0.3% in the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock valued at $3,033,000 after buying an additional 84 shares during the last quarter. Finally, Advocacy Wealth Management LLC increased its holdings in Walmart by 2.5% in the fourth quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock valued at $378,000 after buying an additional 84 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Transactions at Walmart

In related news, CEO John Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $106.66, for a total transaction of $1,399,912.50. Following the transaction, the chief executive officer owned 647,912 shares in the company, valued at $69,106,293.92. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of Walmart stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total value of $5,335,345.40. Following the transaction, the executive vice president directly owned 201,672 shares in the company, valued at approximately $21,246,145.20. This trade represents a 20.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 81,004 shares of company stock valued at $8,601,724 in the last 90 days. Company insiders own 0.09% of the company’s stock.

Walmart Stock Performance

WMT traded up $0.41 on Wednesday, reaching $110.53. The company had a trading volume of 20,180,494 shares, compared to its average volume of 25,420,092. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15. The stock has a market capitalization of $876.92 billion, a PE ratio of 39.90, a P/E/G ratio of 4.10 and a beta of 0.59. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. The stock has a 50-day moving average price of $109.55 and a 200-day moving average price of $117.90.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The company had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. During the same quarter last year, the company posted $0.68 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, research analysts forecast that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on WMT. Guggenheim set a $130.00 price target on Walmart and gave the company a “buy” rating in a research note on Friday, August 21st. TD Cowen reaffirmed a “buy” rating on shares of Walmart in a research report on Friday, August 21st. Erste Group Bank downgraded Walmart from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Truist Financial set a $114.00 target price on Walmart and gave the stock a “buy” rating in a research report on Friday, August 21st. Finally, Roth Capital restated a “buy” rating on shares of Walmart in a research note on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.88.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart opened a new Neighborhood Market in Mesquite, Texas, expanding its grocery, pharmacy and everyday-essentials footprint. The smaller-format store could support local sales growth and provide additional omnichannel fulfillment capacity. Walmart Opens New Neighborhood Market in Mesquite, Texas
• Positive Sentiment: Analysts continue to identify Walmart as a beneficiary of omnichannel growth, private-label expansion, loyalty programs, retail media and automation. These businesses could help drive sales and improve productivity over time. 3 Supermarket Stocks Set to Benefit From Omnichannel & Loyalty Growth
• Positive Sentiment: Walmart is reportedly expanding predictive precision targeting at Sam’s Club to increase advertising revenue. Retail media generally carries attractive margins and could diversify Walmart’s earnings beyond traditional retail. Walmart Launches Predictive Precision Targeting at Sam’s Club
• Neutral Sentiment: Walmart remains highlighted among leading e-commerce stocks, but the article provides limited new company-specific information or financial estimates. Best Ecommerce Stocks To Consider
• Neutral Sentiment: Technical commentary describes Walmart as a potential retail recovery setup, but the stock still faces key market and earnings tests. Walmart, Target and Costco Forecast
• Negative Sentiment: A report that Walmart recently posted its lowest operating margin in nine years raises concern about profitability, particularly as the company invests in pricing, wages, technology and expansion. This is important because WMT trades at a premium valuation.
• Negative Sentiment: Senators are urging the FTC to scrutinize Walmart’s Sparky AI shopping assistant. Regulatory attention could increase compliance costs or limit the benefits of Walmart’s AI initiatives. Senators Push FTC to Scrutinize Sparky AI
• Negative Sentiment: Walmart’s renewed healthcare strategy follows an earlier costly retreat, creating execution risk and potentially weighing on returns if the business again fails to reach scale. Two Years After a Costly Retreat, Walmart Tries Health Again

Walmart Company Profile

Walmart Inc is a multinational retail and technology company that operates supercenters, discount stores, neighborhood markets, e-commerce platforms and membership warehouse clubs. Its merchandise includes groceries, apparel, electronics, home goods, health and beauty products, general merchandise and other consumer products.

Founded by Sam Walton in 1962 and incorporated in 1969, Walmart is headquartered in Bentonville, Arkansas. The company serves customers through operations in the United States and international markets, including Mexico, Canada, China, India and several countries in Central America and Africa.