Walmart Inc. $WMT Shares Sold by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. reduced its stake in Walmart Inc. (NYSE:WMT) by 5.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,283 shares of the retailer’s stock after selling 1,484 shares during the period. ZWJ Investment Counsel Inc.’s holdings in Walmart were worth $2,472,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Wallington Asset Management LLC boosted its stake in Walmart by 3.8% in the second quarter. Wallington Asset Management LLC now owns 2,988 shares of the retailer’s stock valued at $292,000 after acquiring an additional 110 shares during the period. Cape ANN Savings Bank boosted its stake in Walmart by 8.2% in the second quarter. Cape ANN Savings Bank now owns 14,431 shares of the retailer’s stock valued at $1,411,000 after acquiring an additional 1,097 shares during the period. Financial Council LLC acquired a new position in Walmart in the second quarter valued at approximately $220,000. Fairvoy Private Wealth LLC boosted 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 acquiring an additional 806 shares during the period. Finally, Curran Financial Partners LLC boosted its stake in Walmart by 7.8% in the second quarter. Curran Financial Partners LLC now owns 4,857 shares of the retailer’s stock valued at $475,000 after acquiring an additional 353 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Price Performance

Shares of NYSE:WMT opened at $102.15 on Friday. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11. The stock has a fifty day moving average of $100.77 and a 200-day moving average of $96.68. The company has a market capitalization of $814.46 billion, a PE ratio of 38.40, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the company posted $0.67 EPS. Walmart’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president owned 906,064 shares in the company, valued at approximately $93,995,079.36. This represents a 1.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the 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 sale, the executive vice president owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of research reports. Royal Bank Of Canada restated an “outperform” rating and issued a $106.00 target price on shares of Walmart in a research note on Friday, August 22nd. Telsey Advisory Group reissued an “outperform” rating and issued a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Piper Sandler restated an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Saturday, September 27th. Finally, Wolfe Research began coverage on Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price for the company. Thirty research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.38.

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.