Freedom Day Solutions LLC Lowers Position in Walmart Inc. $WMT

Freedom Day Solutions LLC lowered its holdings in Walmart Inc. (NYSE:WMT) by 2.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 33,592 shares of the retailer’s stock after selling 1,001 shares during the quarter. Walmart accounts for approximately 0.8% of Freedom Day Solutions LLC’s investment portfolio, making the stock its 22nd largest holding. Freedom Day Solutions LLC’s holdings in Walmart were worth $3,285,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Callan Family Office LLC raised its holdings in shares of Walmart by 133.3% in the 2nd quarter. Callan Family Office LLC now owns 165,672 shares of the retailer’s stock valued at $16,199,000 after acquiring an additional 94,648 shares in the last quarter. TFR Capital LLC. raised its holdings in shares of Walmart by 8.3% during the 2nd quarter. TFR Capital LLC. now owns 8,117 shares of the retailer’s stock valued at $794,000 after buying an additional 619 shares in the last quarter. Game Plan Financial Advisors LLC raised its holdings in shares of Walmart by 8.3% during the 2nd quarter. Game Plan Financial Advisors LLC now owns 6,814 shares of the retailer’s stock valued at $666,000 after buying an additional 525 shares in the last quarter. Edge Financial Advisors LLC raised its holdings in shares of Walmart by 3.5% during the 2nd quarter. Edge Financial Advisors LLC now owns 4,197 shares of the retailer’s stock valued at $411,000 after buying an additional 141 shares in the last quarter. Finally, Leo Wealth LLC raised its holdings in shares of Walmart by 322.6% during the 2nd quarter. Leo Wealth LLC now owns 24,325 shares of the retailer’s stock valued at $2,378,000 after buying an additional 18,569 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on WMT. JPMorgan Chase & Co. reduced their price target on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Oppenheimer raised their price target on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Wednesday. Truist Financial cut their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Finally, Tigress Financial lifted their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.38.

Walmart Stock Up 0.1%

Shares of NYSE WMT opened at $101.86 on Friday. Walmart Inc. has a 12-month low of $79.37 and a 12-month high of $106.11. The stock’s fifty day simple moving average is $101.22 and its two-hundred day simple moving average is $97.18. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $812.10 billion, a PE ratio of 38.29, a price-to-earnings-growth ratio of 4.80 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion for 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 business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. As a group, analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity

In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $103.74, for a total value of $1,361,587.50. Following the completion of the transaction, the executive vice president owned 906,064 shares in the company, valued at $93,995,079.36. The trade was a 1.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the transaction, the executive vice president owned 645,968 shares of the company’s stock, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $15,083,877 over the last 90 days. Company insiders own 0.10% of the company’s stock.

About Walmart

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.