Cahaba Wealth Management Inc. Sells 956 Shares of Walmart Inc. $WMT

Cahaba Wealth Management Inc. decreased its position in shares of Walmart Inc. (NYSE:WMT) by 7.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 11,382 shares of the retailer’s stock after selling 956 shares during the quarter. Cahaba Wealth Management Inc.’s holdings in Walmart were worth $1,113,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Operose Advisors LLC grew its stake in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after buying an additional 243 shares during the last quarter. PFS Partners LLC increased its stake in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the period. Ridgewood Investments LLC grew its position in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares during the last quarter. Bear Mountain Capital Inc. raised its stake in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.1%

NYSE WMT opened at $103.14 on Friday. The company’s fifty day simple moving average is $100.16 and its 200-day simple moving average is $96.11. The stock has a market cap of $822.32 billion, a P/E ratio of 38.77, a PEG ratio of 4.86 and a beta of 0.65. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11.

Walmart (NYSE:WMT) last released 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 during 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%. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. 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. Equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on WMT. Wolfe Research assumed coverage on Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective on the stock. Piper Sandler reissued an “overweight” rating and issued a $111.00 price objective on shares of Walmart in a research report on Wednesday. Truist Financial dropped their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $118.00 target price on shares of Walmart in a research note on Wednesday. Twenty-nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $112.38.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the transaction, the chief executive officer owned 4,373,576 shares in the company, valued at $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the transaction, the executive vice president owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 151,232 shares of company stock valued at $15,077,519. Company insiders own 0.10% of the company’s stock.

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.