Walmart Inc. $WMT Shares Sold by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. cut its holdings in Walmart Inc. (NYSE:WMT) by 1.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,959 shares of the retailer’s stock after selling 1,406 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Walmart were worth $7,329,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of WMT. Bedel Financial Consulting Inc. grew its holdings in shares of Walmart by 0.4% during the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after buying an additional 102 shares in the last quarter. Scott & Selber Inc. grew its stake in Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock worth $256,000 after acquiring an additional 105 shares during the period. Capital Advisors Wealth Management LLC raised its holdings in Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock valued at $684,000 after acquiring an additional 105 shares during the last quarter. Lauterbach Financial Advisors LLC lifted its stake in shares of Walmart by 1.8% during the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock worth $517,000 after purchasing an additional 106 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC lifted its stake in shares of Walmart by 1.4% during the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock worth $685,000 after purchasing an additional 106 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on WMT. Evercore ISI reiterated an “outperform” rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Mizuho reaffirmed an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Guggenheim reiterated a “buy” rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Wolfe Research began coverage on shares of Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price for the company. Finally, Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $112.38.

Walmart Trading Up 0.6%

Shares of WMT stock opened at $102.70 on Tuesday. 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 fifty-two week low of $78.98 and a fifty-two week high of $106.11. The firm’s 50 day moving average price is $100.88 and its two-hundred day moving average price is $96.87. The stock has a market cap of $818.81 billion, a price-to-earnings ratio of 38.61, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates 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 period in the prior year, the business posted $0.67 EPS. The business’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. This represents a 1.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the sale, the executive vice president directly owned 932,313 shares of the company’s stock, valued at $88,700,258.82. This trade represents a 1.39% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 151,232 shares of company stock worth $15,083,877. Company insiders own 0.10% of the company’s stock.

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.