Phoenix Wealth Advisors Sells 2,842 Shares of Walmart Inc. $WMT

Phoenix Wealth Advisors decreased its stake in Walmart Inc. (NYSE:WMT) by 7.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,016 shares of the retailer’s stock after selling 2,842 shares during the quarter. Walmart comprises 1.6% of Phoenix Wealth Advisors’ portfolio, making the stock its 17th biggest holding. Phoenix Wealth Advisors’ holdings in Walmart were worth $3,717,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in WMT. King Wealth Management Group lifted its holdings in shares of Walmart by 0.5% in the 2nd quarter. King Wealth Management Group now owns 130,338 shares of the retailer’s stock worth $12,744,000 after buying an additional 703 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in Walmart by 8.6% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 745,401 shares of the retailer’s stock worth $72,846,000 after acquiring an additional 59,305 shares during the period. Hibernia Wealth Partners LLC purchased a new stake in Walmart in the second quarter worth about $588,000. Intrua Financial LLC increased its position in Walmart by 91.8% during the 2nd quarter. Intrua Financial LLC now owns 18,724 shares of the retailer’s stock valued at $1,831,000 after purchasing an additional 8,964 shares during the period. Finally, Clearstead Trust LLC lifted its position in shares of Walmart by 17.2% during the second quarter. Clearstead Trust LLC now owns 4,644 shares of the retailer’s stock valued at $454,000 after buying an additional 682 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Transactions at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.18, for a total transaction of $222,596.00. Following the completion of the transaction, the executive vice president directly owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the transaction, the executive vice president directly owned 1,044,455 shares in the company, valued at $112,540,026.25. This trade represents a 0.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 149,383 shares of company stock worth $15,365,487. 0.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent research reports. Mizuho reaffirmed an “outperform” rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Wolfe Research started coverage on shares of Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. The Goldman Sachs Group boosted their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Finally, UBS Group restated a “buy” rating and issued a $122.00 price objective (up previously from $110.00) on shares of Walmart in a research report on Thursday, October 23rd. Thirty-two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $113.50.

Walmart Stock Performance

Shares of WMT stock opened at $102.54 on Friday. 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 business has a 50 day simple moving average of $103.36 and a 200 day simple moving average of $99.65. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57. The firm has a market capitalization of $817.50 billion, a price-to-earnings ratio of 38.55, a price-to-earnings-growth ratio of 4.83 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 analysts’ consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 earnings per share. 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 anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Company 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.