Somerville Kurt F Sells 790 Shares of Walmart Inc. $WMT

Somerville Kurt F cut its holdings in Walmart Inc. (NYSE:WMT) by 8.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,464 shares of the retailer’s stock after selling 790 shares during the period. Somerville Kurt F’s holdings in Walmart were worth $828,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in WMT. Kingstone Capital Partners Texas LLC grew its holdings in Walmart by 397,264.9% during the 2nd 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 during the last quarter. Nuveen LLC bought a new position in Walmart during the 1st quarter valued at about $2,532,331,000. Goldman Sachs Group Inc. grew its holdings in Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP grew its holdings in Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after purchasing an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board grew its holdings in Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after purchasing an additional 4,214,661 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Activity at Walmart

In related news, EVP Daniel J. Bartlett sold 1,610 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the sale, the executive vice president owned 645,968 shares of the company’s stock, valued at $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total transaction of $222,926.00. Following the sale, the executive vice president directly owned 621,718 shares of the company’s stock, valued at $62,998,684.94. 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 151,232 shares of company stock valued at $15,083,877 over the last three months. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of WMT opened at $102.90 on Thursday. The company has a 50 day moving average price of $101.08 and a 200-day moving average price of $96.96. Walmart Inc. has a fifty-two week low of $79.37 and a fifty-two week high of $106.11. The stock has a market capitalization of $820.41 billion, a PE ratio of 38.68, a PEG ratio of 4.86 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last announced its quarterly earnings results 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). 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 in the previous year, the company posted $0.67 EPS. Walmart’s revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of several analyst reports. The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Evercore ISI reissued an “outperform” rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Finally, Truist Financial lowered their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Thirty analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

Walmart Company 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.