Atwater Malick LLC Trims Stock Position in Walmart Inc. $WMT

Atwater Malick LLC reduced its position in Walmart Inc. (NYSE:WMT) by 0.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 163,654 shares of the retailer’s stock after selling 514 shares during the quarter. Walmart accounts for about 5.1% of Atwater Malick LLC’s holdings, making the stock its 5th largest holding. Atwater Malick LLC’s holdings in Walmart were worth $16,002,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares in the last quarter. Mainstream Capital Management LLC grew its holdings in shares of Walmart by 13.6% during the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock valued at $1,084,000 after purchasing an additional 1,474 shares during the last quarter. Chesley Taft & Associates LLC grew its holdings in shares of Walmart by 11.8% during the 1st quarter. Chesley Taft & Associates LLC now owns 5,306 shares of the retailer’s stock valued at $466,000 after purchasing an additional 558 shares during the last quarter. Finally, Annex Advisory Services LLC grew its holdings in shares of Walmart by 4.0% during the 1st quarter. Annex Advisory Services LLC now owns 16,938 shares of the retailer’s stock valued at $1,487,000 after purchasing an additional 650 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Piper Sandler restated an “overweight” rating and set a $111.00 price target on shares of Walmart in a research report on Wednesday, September 24th. The Goldman Sachs Group lifted 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. Bank of America lifted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Saturday, September 27th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Thirty analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $112.38.

Walmart Price Performance

Shares of NYSE WMT opened at $102.15 on Friday. The stock has a market capitalization of $814.46 billion, a P/E ratio of 38.40, a P/E/G ratio of 4.79 and a beta of 0.67. 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 company’s 50-day moving average is $100.77 and its 200 day moving average is $96.61. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11.

Walmart (NYSE:WMT) last released 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). The firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares of the company’s stock, valued at $88,700,258.82. This trade represents a 1.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the sale, the executive vice president directly owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock valued at $15,083,877 over the last ninety days. Company 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.