Walmart Inc. $WMT Shares Sold by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. reduced its position in Walmart Inc. (NYSE:WMT) by 5.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,283 shares of the retailer’s stock after selling 1,484 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in Walmart were worth $2,472,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Weatherly Asset Management L. P. raised its position in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after buying an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management raised its position in shares of Walmart by 34.6% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after buying an additional 9,831 shares during the period. Ally Financial Inc. purchased a new position in shares of Walmart in the 1st quarter worth $2,107,000. Night Squared LP purchased a new position in shares of Walmart in the 1st quarter worth $1,052,000. Finally, Monument Capital Management lifted its stake in shares of Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after purchasing an additional 26,685 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Up 0.4%

Shares of NYSE WMT opened at $102.15 on Friday. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. The firm has a market cap of $814.46 billion, a price-to-earnings ratio of 38.40, a PEG ratio of 4.81 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The stock’s 50-day simple moving average is $100.77 and its 200-day simple moving average is $96.68.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. The firm’s 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. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on WMT shares. Evercore ISI restated an “outperform” rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. The Goldman Sachs Group boosted their price objective on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Truist Financial reduced their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Mizuho restated an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $118.00 price objective on shares of Walmart in a research note on Wednesday, September 24th. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, September 25th. The stock was 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 directly owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the sale, the executive vice president directly owned 645,968 shares of the company’s stock, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $15,083,877 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

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.