Woodmont Investment Counsel LLC Decreases Stake in Walmart Inc. $WMT

Woodmont Investment Counsel LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 65,401 shares of the retailer’s stock after selling 980 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Walmart were worth $6,395,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of WMT. Grimes & Company Inc. boosted its holdings in shares of Walmart by 21.0% during the 2nd quarter. Grimes & Company Inc. now owns 20,334 shares of the retailer’s stock worth $1,988,000 after purchasing an additional 3,529 shares during the last quarter. Hubbell Strickland Wealth Management LLC lifted its position in Walmart by 13.3% during the second quarter. Hubbell Strickland Wealth Management LLC now owns 9,147 shares of the retailer’s stock worth $894,000 after buying an additional 1,073 shares in the last quarter. JSF Financial LLC boosted its stake in Walmart by 45.7% during the second quarter. JSF Financial LLC now owns 19,231 shares of the retailer’s stock worth $1,880,000 after buying an additional 6,032 shares during the last quarter. Merit Financial Group LLC grew its holdings in Walmart by 58.9% in the 2nd quarter. Merit Financial Group LLC now owns 253,098 shares of the retailer’s stock valued at $24,748,000 after buying an additional 93,768 shares in the last quarter. Finally, Kercheville Advisors LLC increased its stake in shares of Walmart by 7.4% in the 2nd quarter. Kercheville Advisors LLC now owns 52,139 shares of the retailer’s stock worth $5,098,000 after acquiring an additional 3,582 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Price Performance

WMT stock opened at $102.70 on Tuesday. The business’s fifty day moving average price is $100.88 and its 200 day moving average price is $96.87. Walmart Inc. has a 12-month low of $78.98 and a 12-month high of $106.11. 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 company has a market capitalization of $818.81 billion, a PE ratio of 38.61, a P/E/G ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm 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%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

WMT has been the subject of several analyst reports. Tigress Financial increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Bank of America increased their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Saturday, September 27th. JPMorgan Chase & Co. decreased their price target on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Finally, Wolfe Research started coverage on Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Thirty 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.com, Walmart presently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

Insider Activity

In other news, EVP Daniel J. Bartlett sold 1,610 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, the executive vice president owned 645,968 shares of the company’s stock, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the transaction, the executive vice president owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $15,083,877 over the last 90 days. Company insiders own 0.10% of the company’s stock.

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.