Walmart Inc. $WMT Shares Sold by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC lowered its position in shares of Walmart Inc. (NASDAQ:WMT) by 26.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,710 shares of the retailer’s stock after selling 6,282 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Walmart were worth $1,840,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Montgomery Financial Services LLC bought a new stake in shares of Walmart in the 2nd quarter valued at approximately $32,000. Turim 21 Investimentos Ltda. acquired a new stake in shares of Walmart during the 1st quarter valued at approximately $37,000. Pingora Partners LLC bought a new position in Walmart during the second quarter worth $34,000. PMV Capital Advisers LLC bought a new position in Walmart during the second quarter worth $34,000. Finally, Evolution Wealth Management Inc. lifted its stake in Walmart by 44.3% during the first quarter. Evolution Wealth Management Inc. now owns 316 shares of the retailer’s stock worth $39,000 after purchasing an additional 97 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In other news, EVP Daniel Bartlett sold 3,990 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $104.41, for a total transaction of $416,595.90. Following the completion of the transaction, the executive vice president owned 618,359 shares in the company, valued at approximately $64,562,863.19. This represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the transaction, the executive vice president owned 201,672 shares of the company’s stock, valued at $21,246,145.20. This represents a 20.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 102,244 shares of company stock valued at $11,112,044. Company insiders own 0.09% of the company’s stock.

Walmart Trading Up 1.9%

NASDAQ:WMT opened at $123.51 on Friday. Walmart Inc. has a 12-month low of $98.88 and a 12-month high of $135.15. The firm has a market capitalization of $979.90 billion, a P/E ratio of 44.59, a P/E/G ratio of 4.46 and a beta of 0.58. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23. The business has a 50 day simple moving average of $110.23 and a 200 day simple moving average of $118.40.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The firm had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. During the same period in the prior year, the business earned $0.68 EPS. The firm’s revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Equities research analysts predict that Walmart Inc. will post 2.87 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on WMT shares. Piper Sandler reiterated an “overweight” rating and set a $128.00 target price (down from $137.00) on shares of Walmart in a research note on Friday, August 21st. Citigroup reduced their price target on shares of Walmart from $147.00 to $132.00 and set a “buy” rating on the stock in a research report on Friday, August 21st. The Goldman Sachs Group restated a “buy” rating and issued a $130.00 price target on shares of Walmart in a research report on Friday, August 21st. Roth Capital reaffirmed a “buy” rating on shares of Walmart in a report on Friday, August 21st. Finally, Royal Bank Of Canada lowered their price objective on shares of Walmart from $137.00 to $131.00 and set an “outperform” rating for the company in a research report on Friday, August 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Walmart presently has a consensus rating of “Buy” and a consensus price target of $132.41.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Energy investment expands Walmart’s customer offerings: Walmart is making a strategic investment in Base Power and will offer the company’s home battery systems to Walmart customers and Sam’s Club members beginning in November. The systems are designed to reduce energy costs and provide backup power, creating a potential new customer benefit while expanding Walmart’s ecosystem beyond traditional retail. Walmart and Base Power announce strategic agreement
• Positive Sentiment: Major automation agreement with Symbotic: Walmart expanded its commercial relationship with warehouse-automation provider Symbotic in a deal valued at approximately $6 billion. Greater automation could improve fulfillment capacity, labor efficiency and inventory management, although the investment also carries execution and capital-spending risks. Symbotic stock jumps on Walmart automation deal
• Positive Sentiment: Strong fundamentals continue to support the stock: Walmart’s latest quarterly results exceeded consensus estimates for both earnings and revenue, with revenue rising year over year. Analysts and market commentary continue to highlight earnings growth and price strength as reasons to remain constructive on WMT. Earnings growth and price strength make Walmart a stock to watch
• Neutral Sentiment: Healthcare expansion offers a longer-term growth avenue: Walmart has broadened its Better Care Services platform into a healthcare marketplace connecting customers with third-party providers. The initiative could increase customer engagement, but its financial contribution is not yet clear. Walmart launched a healthcare services marketplace
• Negative Sentiment: Competitive and regulatory concerns remain: DoorDash’s proposed $17 billion acquisition of Instacart is intended partly to strengthen competition with Walmart and Amazon in local commerce and grocery delivery. Separately, the FTC is seeking information from Walmart about the use of personal data in personalized pricing, creating potential compliance and reputational risks. FTC orders Walmart and others to share pricing data information
• Negative Sentiment: Valuation comparisons could limit upside: Walmart trades at a substantially higher earnings multiple than Target, while commentary suggests Walmart’s comparable-sales growth may be moderating. That premium leaves the stock more exposed if growth expectations weaken. Target trades at a fraction of Walmart’s valuation

About Walmart

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.