Walmart Inc. $WMT is Constitution Capital LLC’s 5th Largest Position

Constitution Capital LLC reduced its holdings in Walmart Inc. (NASDAQ:WMT) by 15.6% during the second quarter, Holdings Channel.com reports. The fund owned 80,081 shares of the retailer’s stock after selling 14,782 shares during the quarter. Walmart accounts for 4.7% of Constitution Capital LLC’s investment portfolio, making the stock its 5th largest holding. Constitution Capital LLC’s holdings in Walmart were worth $9,070,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of WMT. Financial Management Professionals Inc. grew its holdings in shares of Walmart by 21.2% during the second quarter. Financial Management Professionals Inc. now owns 8,210 shares of the retailer’s stock worth $930,000 after purchasing an additional 1,434 shares in the last quarter. Harrell Investment Partners LLC grew its stake in Walmart by 1.2% in the 2nd quarter. Harrell Investment Partners LLC now owns 110,729 shares of the retailer’s stock worth $12,541,000 after buying an additional 1,351 shares in the last quarter. Shrier Wealth Management LLC increased its holdings in shares of Walmart by 0.9% in the 2nd quarter. Shrier Wealth Management LLC now owns 29,616 shares of the retailer’s stock worth $3,354,000 after buying an additional 250 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Walmart by 38.0% during the 2nd quarter. Revolve Wealth Partners LLC now owns 13,701 shares of the retailer’s stock valued at $1,552,000 after buying an additional 3,774 shares in the last quarter. Finally, Friday Financial lifted its holdings in shares of Walmart by 14.8% during the 2nd quarter. Friday Financial now owns 7,511 shares of the retailer’s stock worth $838,000 after acquiring an additional 966 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 0.7%

Shares of NASDAQ:WMT opened at $112.66 on Tuesday. The stock’s 50-day moving average price is $114.46 and its 200-day moving average price is $121.63. Walmart Inc. has a 12-month low of $95.42 and a 12-month high of $135.15. The stock has a market capitalization of $896.56 billion, a P/E ratio of 39.53, a price-to-earnings-growth ratio of 4.17 and a beta of 0.61. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.66. The company had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.Walmart’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on WMT shares. Freedom Capital raised Walmart from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Wolfe Research reiterated an “outperform” rating and issued a $137.00 price objective (up from $135.00) on shares of Walmart in a report on Monday, May 11th. BMO Capital Markets reiterated an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. Morgan Stanley raised their price objective on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Finally, Evercore reaffirmed an “outperform” rating on shares of Walmart in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and an average target price of $138.56.

Insider Transactions at Walmart

In other news, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $118.19, for a total transaction of $342,751.00. Following the completion of the sale, the executive vice president owned 574,953 shares of the company’s stock, valued at approximately $67,953,695.07. This represents a 0.50% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the transaction, the director owned 4,174,579 shares in the company, valued at $495,230,306.77. This represents a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 71,439 shares of company stock valued at $8,544,532. Insiders own 0.09% of the company’s stock.

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.