Delap Wealth Advisory LLC Trims Holdings in Walmart Inc. $WMT

Delap Wealth Advisory LLC trimmed its stake in shares of Walmart Inc. (NYSE:WMT) by 1.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,174 shares of the retailer’s stock after selling 244 shares during the quarter. Walmart makes up 0.7% of Delap Wealth Advisory LLC’s portfolio, making the stock its 27th biggest position. Delap Wealth Advisory LLC’s holdings in Walmart were worth $1,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Operose Advisors LLC lifted its position in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC lifted its holdings in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the last quarter. Bear Mountain Capital Inc. lifted its holdings in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after buying an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after buying an additional 294 shares during the last quarter. Finally, Ridgewood Investments LLC lifted its holdings in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after buying an additional 115 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WMT has been the subject of a number of research reports. JPMorgan Chase & Co. decreased their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Guggenheim reaffirmed a “buy” rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.63.

Walmart Trading Up 1.7%

Walmart stock opened at $109.05 on Thursday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a 50-day moving average price of $101.55 and a two-hundred day moving average price of $97.61. The firm has a market capitalization of $869.45 billion, a price-to-earnings ratio of 41.00, a PEG ratio of 5.05 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.56.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. Sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $95.58, for a total value of $1,855,781.28. Following the completion of the sale, the chief executive officer owned 4,412,398 shares of the company’s stock, valued at $421,737,000.84. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at $184,921,584. The trade was a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 136,363 shares of company stock worth $13,668,438 in the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

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.