Western Financial Corp CA Decreases Stock Holdings in Walmart Inc. $WMT

Western Financial Corp CA decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,069 shares of the retailer’s stock after selling 677 shares during the quarter. Walmart comprises about 1.2% of Western Financial Corp CA’s investment portfolio, making the stock its 18th largest position. Western Financial Corp CA’s holdings in Walmart were worth $2,256,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of WMT. Kingstone Capital Partners Texas LLC raised its stake in Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Nuveen LLC bought a new position in Walmart during the first quarter valued at $2,532,331,000. Goldman Sachs Group Inc. increased its position in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after acquiring an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP increased its position in Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after acquiring an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board increased its position in Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after acquiring an additional 4,214,661 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on WMT. Telsey Advisory Group reiterated an “outperform” rating and set a $118.00 price objective on shares of Walmart in a research report on Wednesday. Evercore ISI reiterated an “outperform” rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. KeyCorp boosted their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Monday, June 9th. Finally, The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Twenty-nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus price target of $112.38.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president directly owned 906,064 shares of the company’s stock, valued at approximately $93,995,079.36. This trade represents a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $15,077,519 over the last quarter. 0.10% of the stock is owned by company insiders.

Walmart Stock Up 0.1%

NYSE:WMT opened at $103.14 on Friday. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The company has a 50-day moving average of $100.16 and a 200 day moving average of $96.11. The firm has a market cap of $822.32 billion, a PE ratio of 38.77, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

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 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 during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period last year, the company earned $0.67 earnings per share. The firm’s 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. As a group, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.