Topsail Wealth Management LLC Sells 1,177 Shares of Walmart Inc. $WMT

Topsail Wealth Management LLC trimmed its holdings in Walmart Inc. (NYSE:WMT) by 18.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,319 shares of the retailer’s stock after selling 1,177 shares during the period. Topsail Wealth Management LLC’s holdings in Walmart were worth $520,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Operose Advisors LLC grew its position in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after acquiring an additional 243 shares in the last quarter. PFS Partners LLC boosted its holdings in shares of 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 period. Ridgewood Investments LLC boosted its holdings in shares of 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 period. Bear Mountain Capital Inc. boosted its holdings in shares of 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 period. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of 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 period. 26.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. 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. Telsey Advisory Group reiterated an “outperform” rating and set a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. DA Davidson set a $117.00 target price on shares of Walmart in a research note on Wednesday, October 15th. Wolfe Research started coverage on shares of Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price for the company. Finally, Mizuho reiterated an “outperform” rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. 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.com, the stock has an average rating of “Moderate Buy” and an average target price of $113.07.

Walmart Trading Down 0.6%

Shares of WMT stock opened at $106.22 on Friday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The stock has a market cap of $846.91 billion, a price-to-earnings ratio of 39.93, a P/E/G ratio of 5.00 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a fifty day moving average of $102.17 and a 200-day moving average of $98.73.

Walmart (NYSE:WMT) last announced its quarterly earnings data 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). 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 analyst estimates of $174.02 billion. During the same quarter in the prior year, the company posted $0.67 EPS. The company’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. On average, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction on Friday, September 12th. The shares were 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 approximately $184,921,584. This represents a 1.65% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 151,038 shares of company stock worth $15,525,280. Corporate 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.