Morey & Quinn Wealth Partners LLC Sells 400 Shares of Walmart Inc. $WMT

Morey & Quinn Wealth Partners LLC decreased its position in shares of Walmart Inc. (NYSE:WMT) by 2.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,924 shares of the retailer’s stock after selling 400 shares during the period. Walmart accounts for about 1.6% of Morey & Quinn Wealth Partners LLC’s investment portfolio, making the stock its 13th largest position. Morey & Quinn Wealth Partners LLC’s holdings in Walmart were worth $1,948,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Weatherly Asset Management L. P. grew its holdings in Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after buying an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its holdings in Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after buying an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new stake in Walmart during the 1st quarter valued at approximately $2,107,000. Night Squared LP purchased a new stake in Walmart during the 1st quarter valued at approximately $1,052,000. Finally, Monument Capital Management grew its holdings in Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock valued at $4,829,000 after buying an additional 26,685 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,610 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was 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 in the company, valued at $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value 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 represents a 0.38% 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. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on WMT. Mizuho reaffirmed an “outperform” rating and set a $115.00 price objective on shares of Walmart in a report on Wednesday, August 13th. Bank of America increased their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday. Finally, Guggenheim reissued a “buy” rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Thirty investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $112.38.

Walmart Stock Down 1.1%

Shares of WMT opened at $101.72 on Friday. The company has a market cap of $811.00 billion, a PE ratio of 38.24, a P/E/G ratio of 4.85 and a beta of 0.67. The business has a fifty day moving average of $101.15 and a 200 day moving average of $97.06. Walmart Inc. has a 52-week low of $79.37 and a 52-week high of $106.11. 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 (NYSE:WMT) last issued its quarterly 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). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

About Walmart

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.