Walmart Inc. $WMT Holdings Reduced by Asset Advisors Investment Management LLC

Asset Advisors Investment Management LLC cut its holdings in Walmart Inc. (NYSE:WMT) by 0.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 305,218 shares of the retailer’s stock after selling 330 shares during the period. Walmart accounts for 2.9% of Asset Advisors Investment Management LLC’s holdings, making the stock its 8th biggest holding. Asset Advisors Investment Management LLC’s holdings in Walmart were worth $29,844,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of WMT. Operose Advisors LLC lifted its stake in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC lifted its stake in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares in the last quarter. Bear Mountain Capital Inc. lifted its position in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after buying an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after buying an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC lifted its position in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after buying an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on WMT shares. Truist Financial decreased their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. JPMorgan Chase & Co. decreased their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Guggenheim reaffirmed a “buy” rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Tigress Financial upped their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. Thirty investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and an average target price of $112.38.

Insiders Place Their Bets

In other Walmart news, EVP Daniel J. Bartlett sold 1,610 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $103.71, for a total value of $166,973.10. Following the sale, the executive vice president owned 645,968 shares in the company, valued at $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the transaction, the chief executive officer directly owned 4,373,576 shares in the company, valued at $451,396,778.96. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 151,232 shares of company stock valued at $15,083,877. Insiders own 0.10% of the company’s stock.

Walmart Stock Performance

Walmart stock opened at $102.15 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The firm has a market capitalization of $814.46 billion, a P/E ratio of 38.40, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The company’s 50-day moving average is $100.77 and its 200 day moving average is $96.68.

Walmart (NYSE:WMT) last issued its quarterly 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

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.