Walmart Inc. $WMT Holdings Reduced by Sterling Investment Counsel LLC

Sterling Investment Counsel LLC decreased its position in Walmart Inc. (NYSE:WMT) by 73.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,832 shares of the retailer’s stock after selling 24,331 shares during the period. Sterling Investment Counsel LLC’s holdings in Walmart were worth $864,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Operose Advisors LLC boosted its holdings in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after acquiring an additional 243 shares in the last quarter. PFS Partners LLC boosted its holdings in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares in the last quarter. Bear Mountain Capital Inc. boosted its holdings in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after acquiring an additional 167 shares in the last quarter. 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 valued at $32,000 after acquiring an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC boosted its holdings in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on 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 owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The shares were 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 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 position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock worth $15,083,877 in the last quarter. Corporate insiders own 0.10% of the company’s stock.

Walmart Stock Up 0.4%

Shares of NYSE:WMT opened at $102.15 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market cap of $814.46 billion, a PE ratio of 38.40, a price-to-earnings-growth ratio of 4.79 and a beta of 0.67. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. The firm has a 50 day simple moving average of $100.77 and a 200 day simple moving average of $96.61.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last 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. As a group, research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

WMT has been the subject of several recent analyst reports. Guggenheim reiterated a “buy” rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Mizuho reissued an “outperform” rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. The Goldman Sachs Group increased their target price on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Oppenheimer increased their target price on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. Finally, KeyCorp increased their target price on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, June 9th. Thirty investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.38.

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.