Jacobs & Co. CA Sells 1,971 Shares of Walmart Inc. $WMT

Jacobs & Co. CA decreased its position in Walmart Inc. (NYSE:WMT) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 75,970 shares of the retailer’s stock after selling 1,971 shares during the quarter. Jacobs & Co. CA’s holdings in Walmart were worth $7,428,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Operose Advisors LLC grew its stake in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares in the last quarter. Bear Mountain Capital Inc. grew its stake in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after buying an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares in the last quarter. EQ Wealth Advisors LLC bought a new stake in shares of Walmart in the 1st quarter valued at approximately $35,000. Finally, Lipe & Dalton grew its stake in shares of Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer’s stock valued at $36,000 after buying an additional 200 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 0.8%

Shares of WMT stock opened at $103.48 on Friday. Walmart Inc. has a 12 month low of $77.49 and a 12 month high of $105.30. The firm has a market cap of $825.03 billion, a PE ratio of 38.90, a price-to-earnings-growth ratio of 4.93 and a beta of 0.65. The stock has a 50 day moving average of $98.71 and a 200-day moving average of $95.41. 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 issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the firm earned $0.67 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the subject of several recent research reports. Guggenheim reissued a “buy” rating and issued a $115.00 price target (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. DA Davidson reaffirmed a “buy” rating and set a $117.00 target price on shares of Walmart in a research report on Friday, May 16th. Mizuho reaffirmed an “outperform” rating and set a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Evercore ISI reaffirmed an “outperform” rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Finally, KeyCorp upped their target price on Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $110.76.

Insiders Place Their Bets

In other news, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the completion of the transaction, the executive vice president directly owned 626,118 shares in the company, valued at $61,547,399.40. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total value of $1,855,781.28. Following the transaction, the chief executive officer owned 4,412,398 shares of the company’s stock, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 121,382 shares of company stock valued at $11,718,441 in the last three months. 0.10% of the stock is owned by corporate insiders.

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.