Segment Wealth Management LLC Has $24.86 Million Stock Holdings in Walmart Inc. $WMT

Segment Wealth Management LLC lowered its stake in Walmart Inc. (NYSE:WMT) by 1.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 254,283 shares of the retailer’s stock after selling 5,049 shares during the quarter. Walmart accounts for approximately 1.6% of Segment Wealth Management LLC’s portfolio, making the stock its 9th largest position. Segment Wealth Management LLC’s holdings in Walmart were worth $24,864,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Financial Council LLC bought a new stake in Walmart in the second quarter valued at $220,000. Fairvoy Private Wealth LLC increased its stake in Walmart by 1.4% in the second quarter. Fairvoy Private Wealth LLC now owns 56,675 shares of the retailer’s stock valued at $5,542,000 after purchasing an additional 806 shares in the last quarter. Curran Financial Partners LLC increased its position in Walmart by 7.8% in the 2nd quarter. Curran Financial Partners LLC now owns 4,857 shares of the retailer’s stock valued at $475,000 after buying an additional 353 shares in the last quarter. Stock Yards Bank & Trust Co. increased its position in Walmart by 0.3% in the 2nd quarter. Stock Yards Bank & Trust Co. now owns 86,785 shares of the retailer’s stock valued at $8,486,000 after buying an additional 219 shares in the last quarter. Finally, Ascent Group LLC increased its position in Walmart by 1.6% in the 2nd quarter. Ascent Group LLC now owns 143,258 shares of the retailer’s stock valued at $14,008,000 after buying an additional 2,191 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares in the company, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders have 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.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Wolfe Research assumed coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. JPMorgan Chase & Co. decreased their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Truist Financial decreased their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Evercore ISI reissued an “outperform” rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Tigress Financial boosted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.38.

Walmart Trading Up 0.4%

Shares of WMT stock opened at $102.15 on Friday. Walmart Inc. has a 52-week low of $78.98 and a 52-week high of $106.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a 50-day simple moving average of $100.77 and a two-hundred day simple moving average of $96.68. The company has a market capitalization of $814.46 billion, a price-to-earnings ratio of 38.40, a PEG 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 (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the company 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. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

About Walmart

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.