First Bank & Trust Sells 267 Shares of Walmart Inc. $WMT

First Bank & Trust decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 3.1% in the 2nd quarter, Holdings Channel reports. The fund owned 8,467 shares of the retailer’s stock after selling 267 shares during the period. First Bank & Trust’s holdings in Walmart were worth $828,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Lifestyle Asset Management Inc. boosted its stake in shares of Walmart by 21.6% in the 2nd quarter. Lifestyle Asset Management Inc. now owns 3,584 shares of the retailer’s stock valued at $350,000 after purchasing an additional 636 shares in the last quarter. Key Client Fiduciary Advisors LLC lifted its stake in Walmart by 2.3% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 27,538 shares of the retailer’s stock valued at $2,693,000 after purchasing an additional 608 shares during the last quarter. Bowman & Co S.C. boosted its position in Walmart by 0.8% in the second quarter. Bowman & Co S.C. now owns 44,905 shares of the retailer’s stock valued at $4,391,000 after buying an additional 353 shares in the last quarter. Bay Rivers Group grew its stake in shares of Walmart by 2.8% during the second quarter. Bay Rivers Group now owns 12,473 shares of the retailer’s stock worth $1,220,000 after buying an additional 335 shares during the last quarter. Finally, Reyes Financial Architecture Inc. grew its stake in shares of Walmart by 62.6% during the second quarter. Reyes Financial Architecture Inc. now owns 1,075 shares of the retailer’s stock worth $105,000 after buying an additional 414 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research reports. Telsey Advisory Group increased their price target on Walmart from $115.00 to $118.00 and gave the company an “outperform” rating in a research note on Friday, August 22nd. The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. KeyCorp lifted their price target on Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, June 9th. Truist Financial lowered their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Finally, Evercore ISI reiterated an “outperform” rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. One equities research 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 company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $110.76.

Insider Transactions at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Monday, July 21st. The stock was sold at an average price of $95.14, for a total value of $380,560.00. Following the transaction, the executive vice president directly owned 1,056,455 shares in the company, valued at $100,511,128.70. This trade represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction 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 transaction, the executive vice president owned 626,118 shares in the company, valued at approximately $61,547,399.40. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 119,622 shares of company stock worth $11,551,646 in the last three months. Insiders own 0.10% of the company’s stock.

Walmart Trading Up 0.2%

NYSE:WMT opened at $103.65 on Tuesday. Walmart Inc. has a 12 month low of $77.49 and a 12 month high of $105.30. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $826.39 billion, a price-to-earnings ratio of 38.97, a PEG ratio of 4.97 and a beta of 0.65. The firm has a fifty day simple moving average of $98.80 and a two-hundred day simple moving average of $95.43.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.