FourThought Financial Partners LLC Decreases Holdings in Walmart Inc. $WMT

FourThought Financial Partners LLC decreased its position in Walmart Inc. (NYSE:WMT) by 1.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,007 shares of the retailer’s stock after selling 662 shares during the quarter. FourThought Financial Partners LLC’s holdings in Walmart were worth $5,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after purchasing an additional 5,856,468 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its position in Walmart by 397,264.9% during the second 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 during the period. Geode Capital Management LLC grew its stake in shares of Walmart by 0.3% during the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after buying an additional 263,718 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after buying an additional 7,706,201 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of Walmart by 1.3% in the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after acquiring an additional 387,424 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of Walmart stock opened at $103.85 on Tuesday. The business has a 50 day moving average of $103.53 and a 200 day moving average of $99.96. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The company has a market cap of $827.98 billion, a PE ratio of 39.04, a P/E/G ratio of 4.83 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same quarter in the previous year, the business posted $0.58 earnings per share. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on WMT shares. Truist Financial raised their price target on Walmart from $109.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Oppenheimer increased their price objective on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. Morgan Stanley restated an “overweight” rating and issued a $125.00 target price (up previously from $115.00) on shares of Walmart in a report on Friday. Evercore ISI reiterated an “outperform” rating and set a $115.00 price target (up from $111.00) on shares of Walmart in a report on Friday. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $122.00 price target (up previously from $118.00) on shares of Walmart in a research report on Friday. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus price target of $118.55.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the transaction, the chief executive officer owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. This represents a 0.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 151,013 shares of company stock worth $15,616,747 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

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.