Schwartz Investment Counsel Inc. Sells 150 Shares of Walmart Inc. $WMT

Schwartz Investment Counsel Inc. lowered its holdings in shares of Walmart Inc. (NYSE:WMT) by 4.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,050 shares of the retailer’s stock after selling 150 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in Walmart were worth $298,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Walmart by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC grew its holdings in shares of 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. Goldman Sachs Group Inc. grew its holdings in shares of 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. Ameriprise Financial Inc. grew its holdings in shares of Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after purchasing an additional 387,424 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Walmart by 2.9% in the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after acquiring an additional 823,020 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on WMT shares. Piper Sandler reissued an “overweight” rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday, October 15th. Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Bank of America raised their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Finally, Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $112.63.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $103.74, for a total value of $1,361,587.50. Following the completion of the transaction, the executive vice president directly owned 906,064 shares in the company, valued at $93,995,079.36. This represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the transaction, the chief executive officer owned 4,412,398 shares of the company’s stock, valued at approximately $421,737,000.84. The trade was a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 147,038 shares of company stock valued at $14,869,054 over the last three months. Corporate insiders own 0.10% of the company’s stock.

Walmart Trading Down 0.6%

NYSE:WMT opened at $107.06 on Tuesday. The company has a 50-day moving average price of $101.75 and a 200-day moving average price of $98.16. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. 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 $853.60 billion, a price-to-earnings ratio of 40.25, a P/E/G ratio of 5.08 and a beta of 0.67.

Walmart (NYSE:WMT) last posted 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 return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the prior year, the business posted $0.67 earnings per share. The company’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 EPS for the current year.

About Walmart

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.