Walmart Inc. $WMT Shares Sold by Costello Asset Management INC

Costello Asset Management INC cut its holdings in Walmart Inc. (NYSE:WMT) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,700 shares of the retailer’s stock after selling 174 shares during the quarter. Costello Asset Management INC’s holdings in Walmart were worth $2,122,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of WMT. Brighton Jones LLC boosted its holdings in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after acquiring an additional 485 shares in the last quarter. Mainstream Capital Management LLC boosted its holdings in shares of Walmart by 13.6% in the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock valued at $1,084,000 after acquiring an additional 1,474 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Walmart by 13.9% in the first quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock valued at $7,940,000 after acquiring an additional 11,018 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of Walmart by 1.4% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 78,680 shares of the retailer’s stock valued at $6,907,000 after acquiring an additional 1,062 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of WMT opened at $101.86 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market cap of $812.10 billion, a P/E ratio of 38.29, a PEG ratio of 4.80 and a beta of 0.67. The company has a 50-day moving average of $101.22 and a two-hundred day moving average of $97.18. Walmart Inc. has a 12-month low of $79.37 and a 12-month high of $106.11.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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 predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on WMT shares. Guggenheim reaffirmed a “buy” rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Wolfe Research began coverage on shares of Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price on the stock. Piper Sandler reissued an “overweight” rating and set a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. The Goldman Sachs Group boosted their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Finally, Tigress Financial boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $112.38.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the transaction, the chief executive officer owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total transaction of $403,840.00. Following the transaction, the executive vice president owned 1,052,455 shares of the company’s stock, valued at approximately $106,255,856.80. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is currently owned by insiders.

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.