BLB&B Advisors LLC Sells 252 Shares of Walmart Inc. $WMT

BLB&B Advisors LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,449 shares of the retailer’s stock after selling 252 shares during the period. BLB&B Advisors LLC’s holdings in Walmart were worth $826,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Operose Advisors LLC lifted its holdings in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after acquiring an additional 243 shares in the last quarter. PFS Partners LLC lifted its holdings in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares in the last quarter. Bear Mountain Capital Inc. lifted its holdings in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after purchasing an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC lifted its holdings in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Piper Sandler restated an “overweight” rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. UBS Group restated a “buy” rating and issued a $122.00 price target (up from $110.00) on shares of Walmart in a report on Thursday, October 23rd. The Goldman Sachs Group boosted their price target on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Oppenheimer boosted their price target on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Finally, DA Davidson set a $117.00 price target on Walmart in a report on Wednesday, October 15th. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $113.40.

Walmart Price Performance

NYSE:WMT opened at $102.33 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. The stock’s 50-day simple moving average is $102.37 and its 200 day simple moving average is $99.07. The company has a market cap of $815.82 billion, a P/E ratio of 38.47, a P/E/G ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57.

Walmart (NYSE:WMT) last released 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 company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s revenue was up 4.8% compared to the same quarter last year. During the same period in the prior 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, sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the transaction, the executive vice president owned 919,189 shares of the company’s stock, valued at $90,586,075.95. The trade was a 1.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 148,838 shares of company stock worth $15,309,020 in the last three months. 0.10% of the stock is owned by corporate insiders.

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.