Tevis Investment Management Trims Stock Position in Walmart Inc. $WMT

Tevis Investment Management lowered its holdings in shares of Walmart Inc. (NYSE:WMT) by 22.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,939 shares of the retailer’s stock after selling 3,439 shares during the quarter. Tevis Investment Management’s holdings in Walmart were worth $1,167,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WMT. Vanguard Group Inc. grew its holdings in Walmart by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after buying an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its holdings in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in 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. grew its holdings in 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. grew its holdings in 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 owned by hedge funds and other institutional investors.

Walmart Price Performance

WMT opened at $104.49 on Tuesday. The business’s 50-day moving average is $102.24 and its two-hundred day moving average is $98.89. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. 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 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 posted 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 net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter last year, the firm earned $0.67 EPS. Walmart’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. Research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president owned 621,718 shares in the company, valued at $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 151,038 shares of company stock valued at $15,525,280. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on WMT shares. UBS Group reiterated a “buy” rating and set a $122.00 target price (up from $110.00) on shares of Walmart in a research report on Thursday. The Goldman Sachs Group raised their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Telsey Advisory Group restated an “outperform” rating and issued a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Finally, Mizuho reiterated an “outperform” rating and set a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $113.07.

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.