Walmart Inc. $WMT Stock Position Reduced by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC decreased its position in Walmart Inc. (NASDAQ:WMT) by 46.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,198 shares of the retailer’s stock after selling 23,419 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Walmart were worth $2,826,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in WMT. Montgomery Financial Services LLC acquired a new stake in shares of Walmart during the 2nd quarter worth about $32,000. Turim 21 Investimentos Ltda. purchased a new stake in shares of Walmart during the first quarter worth about $37,000. Pingora Partners LLC purchased a new stake in shares of Walmart during the second quarter worth about $34,000. PMV Capital Advisers LLC acquired a new stake in Walmart during the second quarter worth approximately $34,000. Finally, Evolution Wealth Management Inc. boosted its position in Walmart by 44.3% during the first quarter. Evolution Wealth Management Inc. now owns 316 shares of the retailer’s stock worth $39,000 after acquiring an additional 97 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Energy investment expands Walmart’s customer offerings: Walmart is making a strategic investment in Base Power and will offer the company’s home battery systems to Walmart customers and Sam’s Club members beginning in November. The systems are designed to reduce energy costs and provide backup power, creating a potential new customer benefit while expanding Walmart’s ecosystem beyond traditional retail. Walmart and Base Power announce strategic agreement
• Positive Sentiment: Major automation agreement with Symbotic: Walmart expanded its commercial relationship with warehouse-automation provider Symbotic in a deal valued at approximately $6 billion. Greater automation could improve fulfillment capacity, labor efficiency and inventory management, although the investment also carries execution and capital-spending risks. Symbotic stock jumps on Walmart automation deal
• Positive Sentiment: Strong fundamentals continue to support the stock: Walmart’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with revenue rising year over year. Analysts and market commentary continue to highlight earnings growth and price strength as reasons to remain constructive on WMT. Earnings growth and price strength make Walmart a stock to watch
• Neutral Sentiment: Healthcare expansion offers a longer-term growth avenue: Walmart has broadened its Better Care Services platform into a healthcare marketplace connecting customers with third-party providers. The initiative could increase customer engagement, but its financial contribution is not yet clear. Walmart launched a healthcare services marketplace
• Negative Sentiment: Competitive and regulatory concerns remain: DoorDash’s proposed $17 billion acquisition of Instacart is intended partly to strengthen competition with Walmart and Amazon in local commerce and grocery delivery. Separately, the FTC is seeking information from Walmart about the use of personal data in personalized pricing, creating potential compliance and reputational risks. FTC orders Walmart and others to share pricing data information
• Negative Sentiment: Valuation comparisons could limit upside: Walmart trades at a substantially higher earnings multiple than Target, while commentary suggests Walmart’s comparable-sales growth may be moderating. That premium leaves the stock more exposed if growth expectations weaken. Target trades at a fraction of Walmart’s valuation

Wall Street Analyst Weigh In

Several research firms have commented on WMT. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walmart in a research note on Friday, August 21st. Wolfe Research reissued an “outperform” rating and set a $115.00 price target on shares of Walmart in a research note on Friday, August 21st. Roth Capital restated a “buy” rating on shares of Walmart in a report on Friday, August 21st. KeyCorp restated an “overweight” rating on shares of Walmart in a report on Thursday, September 10th. Finally, JPMorgan Chase & Co. lowered their price objective on Walmart from $137.00 to $125.00 and set an “overweight” rating for the company in a research report on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Walmart presently has a consensus rating of “Buy” and an average price target of $132.41.

Walmart Stock Performance

Shares of WMT stock opened at $123.51 on Friday. Walmart Inc. has a one year low of $98.88 and a one year high of $135.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. The company has a 50 day moving average price of $110.23 and a 200 day moving average price of $118.40. The firm has a market capitalization of $979.90 billion, a price-to-earnings ratio of 44.59, a price-to-earnings-growth ratio of 4.38 and a beta of 0.58.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. Walmart’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Sell-side analysts anticipate that Walmart Inc. will post 2.88 EPS for the current year.

Insider Activity at Walmart

In other news, EVP Daniel Danker sold 50,644 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the completion of the sale, the executive vice president directly owned 201,672 shares in the company, valued at $21,246,145.20. This represents a 20.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 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. Also, CEO John Furner sold 13,125 shares of the stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $120.60, for a total value of $1,582,875.00. Following the completion of the transaction, the chief executive officer directly owned 634,790 shares in the company, valued at $76,555,674. This trade represents a 2.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 102,244 shares of company stock worth $11,112,044. 0.09% of the stock is owned by corporate insiders.

Walmart Company Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.