Lodestar Private Asset Management LLC Sells 275 Shares of Walmart Inc. $WMT

Lodestar Private Asset Management LLC lowered its holdings in Walmart Inc. (NYSE:WMT) by 2.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,942 shares of the retailer’s stock after selling 275 shares during the period. Lodestar Private Asset Management LLC’s holdings in Walmart were worth $1,070,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Personalized Indexing Management LLC raised its position in shares of Walmart by 19.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 697,204 shares of the retailer’s stock valued at $68,228,000 after purchasing an additional 115,634 shares during the period. Oak Ridge Investments LLC bought a new stake in shares of Walmart in the second quarter valued at approximately $221,000. Concurrent Investment Advisors LLC raised its position in shares of Walmart by 7.8% in the second quarter. Concurrent Investment Advisors LLC now owns 394,784 shares of the retailer’s stock valued at $38,602,000 after purchasing an additional 28,423 shares during the period. Asset Planning Inc raised its position in shares of Walmart by 6.1% in the second quarter. Asset Planning Inc now owns 3,717 shares of the retailer’s stock valued at $363,000 after purchasing an additional 215 shares during the period. Finally, waypoint wealth counsel raised its position in shares of Walmart by 16.7% in the second quarter. waypoint wealth counsel now owns 6,489 shares of the retailer’s stock valued at $634,000 after purchasing an additional 930 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at $184,921,584. The trade was a 1.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $15,083,877 in the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lowered their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Finally, Bank of America upped their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $112.38.

Walmart Stock Performance

Shares of WMT opened at $101.86 on Monday. The company has a market cap of $812.10 billion, a PE ratio of 38.29, a price-to-earnings-growth ratio of 4.80 and a beta of 0.67. 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 stock has a 50-day moving average price of $101.22 and a 200-day moving average price of $97.34. Walmart Inc. has a 12-month low of $79.37 and a 12-month high of $106.11.

Walmart (NYSE:WMT) last released its quarterly earnings results 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 return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the prior year, the firm earned $0.67 EPS. Walmart’s quarterly 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 forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal 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.