Citizens National Bank Trust Department Trims Holdings in Walmart Inc. $WMT

Citizens National Bank Trust Department trimmed its stake in Walmart Inc. (NYSE:WMT) by 0.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 65,002 shares of the retailer’s stock after selling 125 shares during the period. Walmart comprises 1.3% of Citizens National Bank Trust Department’s investment portfolio, making the stock its 23rd biggest holding. Citizens National Bank Trust Department’s holdings in Walmart were worth $6,356,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in Walmart by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after buying an additional 3,224,154 shares during the period. Kingstone Capital Partners Texas LLC increased its stake in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. increased its stake in Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after buying an additional 7,706,201 shares during the period. Ameriprise Financial Inc. increased its stake in Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock worth $2,710,665,000 after buying an additional 387,424 shares during the period. Finally, Invesco Ltd. increased its stake in Walmart by 2.9% during the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after buying an additional 823,020 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $103.74, for a total value of $1,361,587.50. Following the completion of the sale, the executive vice president owned 906,064 shares in the company, valued at $93,995,079.36. This represents a 1.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the sale, the executive vice president owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock worth $15,083,877 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on WMT shares. Piper Sandler reaffirmed an “overweight” rating and set a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Evercore ISI reiterated an “outperform” rating and set a $110.00 price target (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Oppenheimer boosted their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Mizuho reiterated an “outperform” rating and set a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. Finally, Wolfe Research started coverage on shares of Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target for the company. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

Walmart Stock Down 0.3%

WMT stock opened at $102.90 on Thursday. The company has a fifty day moving average price of $101.08 and a 200 day moving average price of $96.96. Walmart Inc. has a 12 month low of $79.37 and a 12 month high of $106.11. The company has a market cap of $820.41 billion, a price-to-earnings ratio of 38.68, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67. 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 (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter last year, the company earned $0.67 EPS. The firm’s revenue for the quarter 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. Sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.