Walmart Inc. $WMT Position Trimmed by Cidel Asset Management Inc.

Cidel Asset Management Inc. lowered its stake in Walmart Inc. (NYSE:WMT) by 8.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 29,109 shares of the retailer’s stock after selling 2,801 shares during the period. Cidel Asset Management Inc.’s holdings in Walmart were worth $2,846,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Chicago Partners Investment Group LLC raised its position in shares of Walmart by 9.9% during the second quarter. Chicago Partners Investment Group LLC now owns 56,512 shares of the retailer’s stock worth $5,407,000 after purchasing an additional 5,076 shares during the period. Sigma Investment Counselors Inc. boosted its position in shares of Walmart by 19.6% in the 2nd quarter. Sigma Investment Counselors Inc. now owns 4,190 shares of the retailer’s stock valued at $410,000 after purchasing an additional 686 shares during the period. Wingate Wealth Advisors Inc. increased its stake in Walmart by 28.2% in the 2nd quarter. Wingate Wealth Advisors Inc. now owns 4,619 shares of the retailer’s stock worth $452,000 after purchasing an additional 1,016 shares in the last quarter. Disciplined Investments LLC raised its holdings in Walmart by 0.7% during the 2nd quarter. Disciplined Investments LLC now owns 31,277 shares of the retailer’s stock worth $3,058,000 after buying an additional 231 shares during the period. Finally, Financial Synergies Wealth Advisors Inc. purchased a new stake in Walmart during the second quarter valued at about $2,895,000. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the sale, the executive vice president directly owned 892,940 shares in the company, valued at approximately $96,241,073.20. This represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Daniel J. Bartlett sold 1,550 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total value of $166,563.00. Following the sale, the executive vice president owned 644,418 shares of the company’s stock, valued at approximately $69,249,158.28. This trade represents a 0.24% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 151,038 shares of company stock valued at $15,249,614. 0.10% of the stock is owned by company insiders.

Walmart Stock Performance

Shares of WMT stock opened at $107.80 on Friday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The stock’s 50-day moving average is $101.69 and its two-hundred day moving average is $97.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market cap of $859.50 billion, a P/E ratio of 40.53, a PEG ratio of 5.08 and a beta of 0.67.

Walmart (NYSE:WMT) last announced its quarterly earnings results 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the firm earned $0.67 earnings per share. 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. Analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Tigress Financial raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Royal Bank Of Canada restated an “outperform” rating and set a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Finally, Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $112.63.

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.