OneAscent Wealth Management LLC Sells 2,151 Shares of Walmart Inc. $WMT

OneAscent Wealth Management LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 29.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,113 shares of the retailer’s stock after selling 2,151 shares during the period. OneAscent Wealth Management LLC’s holdings in Walmart were worth $500,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WMT. Access Investment Management LLC bought a new position in shares of Walmart during the second quarter valued at approximately $26,000. Operose Advisors LLC increased its position in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC raised its holdings in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares in the last quarter. Ridgewood Investments LLC boosted its stake in shares of Walmart by 55.3% during the 2nd 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. Finally, Bear Mountain Capital Inc. increased its position in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after buying an additional 167 shares during the period. 26.76% of the stock is owned by institutional investors.

Walmart Price Performance

Shares of NYSE:WMT opened at $101.51 on Friday. The company has a market capitalization of $809.32 billion, a P/E ratio of 38.16, a P/E/G ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The firm’s 50 day simple moving average is $102.91 and its two-hundred day simple moving average is $99.36. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter last year, the firm posted $0.67 EPS. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on WMT. Evercore ISI restated an “outperform” rating and issued a $111.00 price objective (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Bank of America boosted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Finally, The Goldman Sachs Group boosted their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $113.40.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the transaction, the executive vice president directly owned 919,189 shares of the company’s stock, valued at approximately $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 151,038 shares of company stock worth $15,531,616 over the last ninety days. 0.10% of the stock is owned by corporate 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.