WealthPLAN Partners LLC Sells 22,880 Shares of Walmart Inc. $WMT

WealthPLAN Partners LLC lessened its stake in Walmart Inc. (NYSE:WMT) by 24.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,101 shares of the retailer’s stock after selling 22,880 shares during the quarter. Walmart comprises about 1.1% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 19th largest holding. WealthPLAN Partners LLC’s holdings in Walmart were worth $6,854,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Evernest Financial Advisors LLC increased its holdings in Walmart by 7.0% in the second quarter. Evernest Financial Advisors LLC now owns 18,594 shares of the retailer’s stock valued at $1,818,000 after purchasing an additional 1,221 shares during the last quarter. Omnia Family Wealth LLC increased its holdings in Walmart by 12.8% in the second quarter. Omnia Family Wealth LLC now owns 6,666 shares of the retailer’s stock valued at $652,000 after purchasing an additional 756 shares during the last quarter. Turtle Creek Wealth Advisors LLC increased its holdings in Walmart by 44.3% in the second quarter. Turtle Creek Wealth Advisors LLC now owns 19,138 shares of the retailer’s stock valued at $1,871,000 after purchasing an additional 5,875 shares during the last quarter. WJ Wealth Management LLC bought a new stake in Walmart in the second quarter valued at about $201,000. Finally, Nvest Financial LLC increased its holdings in Walmart by 0.8% in the second quarter. Nvest Financial LLC now owns 58,216 shares of the retailer’s stock valued at $5,692,000 after purchasing an additional 483 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the transaction, the executive vice president directly owned 623,918 shares of the company’s stock, valued at approximately $60,750,895.66. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total value of $1,855,781.28. Following the transaction, the chief executive officer directly owned 4,412,398 shares of the company’s stock, valued at $421,737,000.84. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 136,363 shares of company stock valued at $13,668,438 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Walmart Stock Down 2.5%

WMT stock opened at $106.30 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The stock has a market capitalization of $847.51 billion, a P/E ratio of 39.96, a P/E/G ratio of 5.14 and a beta of 0.67. The business has a 50-day moving average of $101.61 and a 200-day moving average of $97.73. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.58.

Walmart (NYSE:WMT) last posted its quarterly earnings data 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). The firm 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 firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on WMT shares. BTIG Research assumed coverage on Walmart in a report on Tuesday. They issued a “buy” rating and a $120.00 price objective for the company. Mizuho restated an “outperform” rating and issued a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. Telsey Advisory Group restated an “outperform” rating and issued a $118.00 price target on shares of Walmart in a report on Wednesday, September 24th. Piper Sandler restated an “overweight” rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.63.

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.