GWN Securities Inc. Sells 58,186 Shares of Walmart Inc. $WMT

GWN Securities Inc. cut its stake in Walmart Inc. (NYSE:WMT) by 70.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,772 shares of the retailer’s stock after selling 58,186 shares during the period. GWN Securities Inc.’s holdings in Walmart were worth $2,432,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of WMT. Vanguard Group Inc. raised its position in shares of Walmart by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after acquiring an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its stake in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after buying an additional 7,706,201 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after buying an additional 387,424 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Walmart by 2.9% during the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock valued at $2,562,427,000 after buying an additional 823,020 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. UBS Group reissued a “buy” rating and set a $122.00 price target (up from $110.00) on shares of Walmart in a research report on Thursday. The Goldman Sachs Group upped their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Truist Financial dropped their target price on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Guggenheim reaffirmed a “buy” rating and issued a $115.00 price target (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, BTIG Research initiated coverage on Walmart in a research report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price target for the company. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and an average target price of $113.07.

Insider Activity

In other news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the transaction, the executive vice president owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total value of $2,081,006.88. Following the completion of the transaction, the chief executive officer directly owned 4,354,162 shares in the company, valued at $466,679,083.16. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 151,038 shares of company stock worth $15,525,280. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of NYSE:WMT opened at $104.49 on Tuesday. The firm’s 50 day moving average price is $102.24 and its 200-day moving average price is $98.89. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $109.57. 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 stock has a market capitalization of $833.08 billion, a PE ratio of 39.28, a price-to-earnings-growth ratio of 5.00 and a beta of 0.67.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 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 for the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the prior year, the company posted $0.67 earnings per share. The firm’s quarterly revenue 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. Equities research analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

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.