Walmart Inc. $WMT Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC trimmed its position in Walmart Inc. (NYSE:WMT) by 1.3% in the second quarter, Holdings Channel.com reports. The fund owned 745,412 shares of the retailer’s stock after selling 9,482 shares during the period. Cresset Asset Management LLC’s holdings in Walmart were worth $72,886,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in WMT. Atlas Legacy Advisors LLC raised its holdings in shares of Walmart by 1.1% during the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares during the period. Meridian Wealth Partners LLC grew its position in shares of Walmart by 2.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after buying an additional 99 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Walmart by 1.1% during the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after acquiring an additional 103 shares during the period. RoundAngle Advisors LLC lifted its holdings in Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after acquiring an additional 105 shares during the last quarter. Finally, PCG Wealth Advisors LLC lifted its holdings in Walmart by 3.6% in the second quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock worth $296,000 after acquiring an additional 105 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of WMT opened at $114.85 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The firm’s 50 day moving average is $104.82 and its 200-day moving average is $100.71. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $114.89. The stock has a market capitalization of $915.68 billion, a P/E ratio of 40.16, a P/E/G ratio of 5.29 and a beta of 0.64.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. The company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent research reports. Sanford C. Bernstein reissued an “outperform” rating and issued a $122.00 price target (up previously from $118.00) on shares of Walmart in a report on Friday, November 21st. BMO Capital Markets raised their target price on Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Evercore ISI reissued an “outperform” rating and set a $115.00 price target (up previously from $111.00) on shares of Walmart in a report on Friday, November 21st. KeyCorp reaffirmed an “overweight” rating and issued a $120.00 price objective (up previously from $110.00) on shares of Walmart in a report on Friday, November 21st. Finally, Mizuho reiterated an “outperform” rating and issued a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Thirty-one equities 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, the company presently has an average rating of “Moderate Buy” and an average price target of $119.00.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Chojnowski sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of the transaction, the senior vice president owned 136,289 shares of the company’s stock, valued at approximately $14,535,221.85. The trade was a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 158,013 shares of company stock worth $16,657,847 over the last three months. Company insiders own 0.10% of the company’s stock.

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.