Shayne & Jacobs LLC Lowers Holdings in Walmart Inc. $WMT

Shayne & Jacobs LLC cut its position in Walmart Inc. (NYSE:WMT) by 3.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 42,292 shares of the retailer’s stock after selling 1,325 shares during the quarter. Walmart accounts for about 1.4% of Shayne & Jacobs LLC’s holdings, making the stock its 12th largest holding. Shayne & Jacobs LLC’s holdings in Walmart were worth $4,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Aberdeen Group plc lifted its stake in Walmart by 6.0% in the 2nd quarter. Aberdeen Group plc now owns 3,083,206 shares of the retailer’s stock worth $297,560,000 after purchasing an additional 173,204 shares in the last quarter. Strengthening Families & Communities LLC lifted its stake in Walmart by 98.1% in the 2nd quarter. Strengthening Families & Communities LLC now owns 3,710 shares of the retailer’s stock worth $363,000 after purchasing an additional 1,837 shares in the last quarter. Strong Tower Advisory Services lifted its stake in Walmart by 4.2% in the 2nd quarter. Strong Tower Advisory Services now owns 30,775 shares of the retailer’s stock worth $3,009,000 after purchasing an additional 1,238 shares in the last quarter. PDS Planning Inc lifted its stake in Walmart by 7.9% in the 2nd quarter. PDS Planning Inc now owns 30,764 shares of the retailer’s stock worth $3,008,000 after purchasing an additional 2,258 shares in the last quarter. Finally, JB Capital LLC lifted its stake in Walmart by 1.5% in the 2nd quarter. JB Capital LLC now owns 195,806 shares of the retailer’s stock worth $19,146,000 after purchasing an additional 2,859 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on WMT. Tigress Financial increased their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Truist Financial decreased their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. The Goldman Sachs Group increased 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. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday. Finally, Piper Sandler reissued an “overweight” rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Thirty research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and an average target price of $112.38.

Walmart Price Performance

WMT stock opened at $101.86 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. Walmart Inc. has a 52 week low of $79.37 and a 52 week high of $106.11. The firm’s fifty day moving average is $101.22 and its 200 day moving average is $97.26. The firm has a market cap of $812.10 billion, a P/E ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67.

Walmart (NYSE:WMT) last released its 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the prior year, the business 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. Research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on 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 transaction, the chief executive officer owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the sale, the executive vice president directly owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock worth $15,083,877 in the last quarter. 0.10% of the stock is currently owned by company 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.