Proffitt & Goodson Inc. Acquires 210 Shares of Walmart Inc. $WMT

Proffitt & Goodson Inc. raised its holdings in Walmart Inc. (NYSE:WMT) by 2.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,524 shares of the retailer’s stock after purchasing an additional 210 shares during the period. Proffitt & Goodson Inc.’s holdings in Walmart were worth $1,029,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of WMT. Brighton Jones LLC boosted its holdings in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares during the period. Mainstream Capital Management LLC lifted its holdings in shares of Walmart by 13.6% during the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after acquiring an additional 1,474 shares during the period. Wedge Capital Management L L P NC lifted its holdings in shares of Walmart by 2.4% during the 1st quarter. Wedge Capital Management L L P NC now owns 7,678 shares of the retailer’s stock worth $674,000 after acquiring an additional 177 shares during the period. Finally, Signet Financial Management LLC bought a new stake in shares of Walmart during the 1st quarter worth approximately $210,000. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. This represents a 0.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 151,232 shares of company stock valued at $15,083,877. Insiders own 0.10% of the company’s stock.

Walmart Price Performance

WMT stock opened at $102.90 on Thursday. 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 Inc. has a 1 year low of $79.37 and a 1 year high of $106.11. The company has a 50 day simple moving average of $101.08 and a 200 day simple moving average of $96.96. The stock has a market cap of $820.41 billion, a price-to-earnings ratio of 38.68, a P/E/G ratio of 4.86 and a beta of 0.67.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the company posted $0.67 earnings per share. The company’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. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Evercore ISI reaffirmed an “outperform” rating and set a $110.00 price target (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Guggenheim reaffirmed a “buy” rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an “outperform” rating in a report on Friday, August 22nd. Thirty investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

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.