Cigna Investments Inc. New Sells 945 Shares of Walmart Inc. $WMT

Cigna Investments Inc. New cut its stake in shares of Walmart Inc. (NYSE:WMT) by 2.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,871 shares of the retailer’s stock after selling 945 shares during the quarter. Walmart comprises approximately 0.7% of Cigna Investments Inc. New’s portfolio, making the stock its 19th biggest position. Cigna Investments Inc. New’s holdings in Walmart were worth $4,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC boosted its position in shares of Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares during the last quarter. Menard Financial Group LLC purchased a new stake in shares of Walmart during the fourth quarter valued at $173,000. Total Wealth Planning & Management Inc. purchased a new stake in shares of Walmart during the fourth quarter valued at $854,000. Finally, Park Square Financial Group LLC purchased a new stake in shares of Walmart during the fourth quarter valued at $172,000. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on WMT shares. Mizuho reaffirmed an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Oppenheimer increased their price objective on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. The Goldman Sachs Group raised their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Finally, Telsey Advisory Group raised their target price on Walmart from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $112.62.

Insider Activity at Walmart

In related news, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, the executive vice president owned 645,968 shares of the company’s stock, valued at approximately $66,993,341.28. This trade represents a 0.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president directly owned 623,918 shares in the company, valued at $60,750,895.66. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock worth $14,960,635 in the last three months. Corporate insiders own 0.10% of the company’s stock.

Walmart Stock Down 0.4%

NYSE WMT opened at $102.44 on Wednesday. The stock’s 50-day moving average price is $99.68 and its 200-day moving average price is $95.77. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. The company has a market capitalization of $816.76 billion, a P/E ratio of 38.51, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65.

Walmart (NYSE:WMT) last posted its quarterly earnings data 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 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 the consensus estimate of $174.02 billion. During the same period last year, the business earned $0.67 EPS. The firm’s quarterly revenue 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. On average, equities research analysts predict 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.