GeoWealth Management LLC Decreases Holdings in Walmart Inc. $WMT

GeoWealth Management LLC decreased its stake in Walmart Inc. (NYSE:WMT) by 11.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,521 shares of the retailer’s stock after selling 6,002 shares during the quarter. GeoWealth Management LLC’s holdings in Walmart were worth $4,353,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Access Investment Management LLC purchased a new position in shares of Walmart in the second quarter valued at approximately $26,000. Operose Advisors LLC raised its stake in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC lifted its holdings in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC boosted its stake in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 158,013 shares of company stock worth $16,657,847 in the last three months. 0.10% of the stock is currently owned by corporate insiders.

Walmart Price Performance

NYSE:WMT opened at $114.85 on Friday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $114.89. The stock’s fifty day moving average is $104.82 and its two-hundred day moving average is $100.71. The company has a market capitalization of $915.68 billion, a P/E ratio of 40.16, a P/E/G ratio of 5.29 and a beta of 0.64. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the company earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on WMT shares. Mizuho reissued an “outperform” rating and issued a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. Robert W. Baird upped their price objective on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Piper Sandler reissued an “overweight” rating and issued a $123.00 target price (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Finally, UBS Group set a $130.00 price target on Walmart in a research report on Wednesday. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Walmart has an average rating of “Moderate Buy” and a consensus target price of $119.00.

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.