Evermay Wealth Management LLC Lowers Stock Position in Walmart Inc. $WMT

Evermay Wealth Management LLC cut its holdings in Walmart Inc. (NYSE:WMT) by 8.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,775 shares of the retailer’s stock after selling 560 shares during the quarter. Evermay Wealth Management LLC’s holdings in Walmart were worth $565,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of WMT. Weatherly Asset Management L. P. grew its stake 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 last quarter. Gerber Kawasaki Wealth & Investment Management boosted its holdings in Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after acquiring an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new stake in shares of Walmart in the first quarter worth $2,107,000. Night Squared LP bought a new position in shares of Walmart during the first quarter valued at $1,052,000. Finally, Monument Capital Management raised its position in shares of Walmart by 94.2% in the 1st 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 during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WMT has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Telsey Advisory Group reissued an “outperform” rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Guggenheim reaffirmed a “buy” rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $112.63.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total transaction of $214,214.00. Following the transaction, the executive vice president directly owned 623,918 shares in the company, valued at approximately $60,750,895.66. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, July 24th. The stock was 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 approximately $421,737,000.84. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 147,038 shares of company stock valued at $14,869,054. 0.10% of the stock is currently owned by corporate insiders.

Walmart Stock Performance

Shares of WMT opened at $107.80 on Monday. The firm has a market capitalization of $859.50 billion, a P/E ratio of 40.53, a PEG ratio of 5.08 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57. The business has a fifty day moving average of $101.69 and a 200 day moving average of $98.00.

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 the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the previous year, the business posted $0.67 earnings per share. The company’s revenue for the quarter 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. As a group, sell-side analysts anticipate 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.