Wealthfront Advisers LLC Trims Stock Position in Walmart Inc. $WMT

Wealthfront Advisers LLC decreased its holdings in Walmart Inc. (NASDAQ:WMT) by 3.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 620,690 shares of the retailer’s stock after selling 20,825 shares during the quarter. Wealthfront Advisers LLC’s holdings in Walmart were worth $70,299,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of WMT. Ontario Teachers Pension Plan Board boosted its position in shares of Walmart by 1,684.5% in the second quarter. Ontario Teachers Pension Plan Board now owns 299,561 shares of the retailer’s stock worth $33,928,000 after acquiring an additional 282,774 shares during the last quarter. Main Street Financial Solutions LLC purchased a new position in Walmart during the second quarter worth approximately $3,436,000. First National Bank of Omaha boosted its holdings in shares of Walmart by 2.0% in the 2nd quarter. First National Bank of Omaha now owns 421,467 shares of the retailer’s stock valued at $48,215,000 after purchasing an additional 8,123 shares during the last quarter. Alpine Woods Capital Investors LLC grew its stake in shares of Walmart by 6.0% during the 2nd quarter. Alpine Woods Capital Investors LLC now owns 7,311 shares of the retailer’s stock valued at $828,000 after buying an additional 412 shares during the period. Finally, Meeder Advisory Services Inc. grew its stake in shares of Walmart by 0.9% during the 2nd quarter. Meeder Advisory Services Inc. now owns 121,037 shares of the retailer’s stock valued at $13,709,000 after buying an additional 1,125 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $106.34, for a total value of $308,386.00. Following the completion of the sale, the executive vice president owned 569,153 shares of the company’s stock, valued at $60,523,730.02. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the sale, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. This represents a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 57,064 shares of company stock worth $6,697,788 in the last ninety days. 0.09% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Weiss Ratings lowered Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. Wells Fargo & Company lowered their price target on Walmart from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday. Sanford C. Bernstein restated an “outperform” rating on shares of Walmart in a research note on Friday. The Goldman Sachs Group restated a “buy” rating and issued a $130.00 price objective on shares of Walmart in a report on Friday. Finally, Evercore set a $125.00 price objective on Walmart in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $131.88.

Walmart Trading Down 0.1%

NASDAQ:WMT opened at $103.70 on Friday. The business’s 50-day moving average is $113.35 and its two-hundred day moving average is $121.26. The firm has a market capitalization of $825.25 billion, a PE ratio of 37.44, a price-to-earnings-growth ratio of 3.93 and a beta of 0.61. Walmart Inc. has a 12 month low of $95.42 and a 12 month high of $135.15. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The company had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. During the same quarter in the prior year, the business earned $0.68 earnings per share. The company’s revenue was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Research analysts predict that Walmart Inc. will post 2.86 earnings per share for the current fiscal year.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart reported adjusted earnings of $0.81 per share and revenue of $187.94 billion, beating consensus estimates of $0.74 and $186.62 billion, respectively. Revenue increased 5.9% year over year. Walmart earnings report
• Positive Sentiment: Growth businesses remain strong: global e-commerce sales rose 23%, advertising revenue increased 38%, and global membership revenue grew 17%. These trends support the long-term investment case despite slower core-store growth. Walmart second-quarter highlights
• Positive Sentiment: Walmart plans to use approximately $2.9 billion in tariff refunds to help lower prices, potentially strengthening its value proposition as consumers become more budget-conscious. The rollout of tap-to-pay, including Apple Pay and Google Pay, may also improve checkout convenience. Walmart tap to pay rollout
• Neutral Sentiment: Several analysts retained bullish ratings—including buy, outperform, and overweight—but lowered price targets after the earnings release. New targets range from $120 to $140, indicating analysts still see meaningful upside but have moderated their expectations.
• Negative Sentiment: U.S. comparable sales grew 2.6%, below expectations near 3.5%, marking Walmart’s weakest domestic comparable-sales growth in more than six years. Analysts cited weakness in health and wellness and questioned the trajectory of the core U.S. business.
• Negative Sentiment: Third-quarter guidance fell short of consensus: Walmart projected adjusted EPS of $0.62–$0.64 versus $0.68 expected and revenue of $183.1–$184.5 billion versus $188.2 billion expected. The timing of Flipkart’s promotional event is also expected to reduce quarterly sales growth by more than 100 basis points.
• Negative Sentiment: The stock’s elevated valuation increases sensitivity to any slowdown, while higher energy costs and consumer trade-offs are raising broader concerns about the health of U.S. retail spending.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.