Forum Financial Management LP Has $5.16 Million Stock Holdings in Walmart Inc. $WMT

Forum Financial Management LP decreased its stake in Walmart Inc. (NASDAQ:WMT) by 43.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,531 shares of the retailer’s stock after selling 32,438 shares during the quarter. Forum Financial Management LP’s holdings in Walmart were worth $5,161,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of WMT. MFA Wealth Services raised its holdings in shares of Walmart by 0.7% during the first quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock worth $1,356,000 after acquiring an additional 80 shares in the last quarter. Realta Investment Advisors grew its stake in Walmart by 2.0% in the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock valued at $508,000 after purchasing an additional 81 shares in the last quarter. Renaissance Group LLC grew its stake in Walmart by 0.9% in the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock valued at $1,074,000 after purchasing an additional 83 shares in the last quarter. Calton & Associates Inc. increased its position in Walmart by 0.3% in the 4th quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock worth $3,033,000 after purchasing an additional 84 shares during the last quarter. Finally, Advocacy Wealth Management LLC increased its position in Walmart by 2.5% in the 4th quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock worth $378,000 after purchasing an additional 84 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity at Walmart

In other news, EVP David W. Guggina sold 11,978 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the transaction, the executive vice president owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their ownership of the stock. The sale was disclosed in a 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 Latriece Watkins sold 11,000 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. The trade was a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 100,730 shares of company stock worth $12,444,624. Insiders own 0.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. BNP Paribas Exane reduced their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a report on Friday, May 22nd. BMO Capital Markets restated an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. Evercore reaffirmed an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. UBS Group set a $141.00 target price on shares of Walmart and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, Craig Hallum set a $150.00 target price on shares of Walmart in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart Trading Down 3.9%

Shares of NASDAQ:WMT opened at $108.82 on Thursday. The company has a market cap of $866.00 billion, a P/E ratio of 38.18, a P/E/G ratio of 4.22 and a beta of 0.60. The stock’s 50-day moving average is $122.87 and its 200-day moving average is $122.18. Walmart Inc. has a 52-week low of $94.23 and a 52-week high of $135.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. The firm had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities research analysts predict that Walmart Inc. will post 2.89 earnings per share for the current year.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s ad business, Walmart Connect, is being viewed as an increasingly important margin driver, supported by ad growth, seller spending, and e-commerce gains. This helps offset concerns about retail margin pressure. Is Walmart Connect Becoming a Bigger Margin Driver for WMT?
• Positive Sentiment: Walmart is also benefiting from its role in helping seniors navigate new Medicare coverage for obesity drugs, which reinforces its healthcare-related services and customer reach. Healthy Returns: Walmart, CVS step in to help seniors navigate Medicare coverage of obesity drugs
• Positive Sentiment: Walmart+ engagement appears to be supported by popular fuel discounts, which could help membership retention and recurring revenue over time. Walmart+ Executive Says Fuel Discounts Supercharge Member Engagement
• Neutral Sentiment: Investor attention remains elevated around WMT, with recent articles highlighting the stock’s large valuation and the market’s ongoing debate about whether e-commerce and store investments can justify the premium.
• Negative Sentiment: Traders are selling Walmart after a research note from Cleveland Research suggested U.S. comparable sales have “slowed to some degree,” raising concerns that domestic growth momentum may be cooling. Walmart Shares Slip Amid Sales Slowdown Concerns
• Negative Sentiment: Another note said Walmart shares have fallen to near an eight-month low as analysts flag slowing sales, reinforcing concerns that near-term fundamentals may not match the stock’s valuation. WMT Stock Sinks To Near Eight-Month Low — Cleveland Research Flags Slowing Sales

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.