Walmart Inc. $WMT Shares Sold by Everett Harris & Co. CA

Everett Harris & Co. CA lessened its holdings in Walmart Inc. (NASDAQ:WMT) by 0.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 712,785 shares of the retailer’s stock after selling 5,005 shares during the quarter. Walmart comprises 0.9% of Everett Harris & Co. CA’s portfolio, making the stock its 22nd largest position. Everett Harris & Co. CA’s holdings in Walmart were worth $74,073,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp lifted its holdings in shares of Walmart by 1.1% during the second quarter. State Street Corp now owns 188,036,646 shares of the retailer’s stock valued at $21,297,031,000 after purchasing an additional 2,107,781 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of Walmart in the 2nd quarter worth approximately $7,455,131,000. Bank of New York Mellon Corp grew its stake in shares of Walmart by 6.4% in the 1st quarter. Bank of New York Mellon Corp now owns 28,142,040 shares of the retailer’s stock worth $3,497,493,000 after buying an additional 1,681,353 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of Walmart in the 2nd quarter worth approximately $2,905,655,000. Finally, Amundi increased its position in Walmart by 44.4% during the 2nd quarter. Amundi now owns 20,796,957 shares of the retailer’s stock valued at $2,355,463,000 after buying an additional 6,393,326 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: ETF demand provided support: Walmart recorded approximately $36.2 million in net ETF buying, indicating institutional demand. This follows a prior report that ETFs were net sellers, suggesting flows have been mixed but recently improved. Walmart Sees $36.2 Million in Net ETF Buying
• Positive Sentiment: Healthcare expansion could create a new growth channel: Walmart broadened its Better Care Services platform into a healthcare marketplace that connects customers with third-party providers through its stores and digital channels. The strategy could increase customer engagement and diversify revenue over time. Walmart Launched a Healthcare Services Marketplace
• Positive Sentiment: Value messaging remains a competitive advantage: Walmart lowered the price of its holiday meal basket by $5, reinforcing its affordability strategy and potentially helping it attract budget-conscious shoppers during the important holiday season. Walmart Lowers Holiday Meal Basket by $5
• Neutral Sentiment: Investor debate centers on valuation: Walmart trades at a much higher earnings multiple than Target, Tesco and some other retail alternatives. Analysts note Walmart’s scale and digital ecosystem, but also point to slowing comparable-sales growth and a premium valuation.
• Negative Sentiment: FTC scrutiny creates regulatory risk: The Federal Trade Commission ordered Walmart to provide information about using consumer data to personalize prices and wages. The inquiry could lead to additional compliance costs, reputational pressure or future regulation. FTC Demands Data on Personalized Pricing
• Negative Sentiment: Competition in digital delivery is intensifying: DoorDash’s planned $17 billion acquisition of Instacart strengthens its ability to compete with Amazon and Walmart in online grocery and delivery, potentially increasing pressure on Walmart’s digital growth and margins. DoorDash Makes Instacart Acquisition

Walmart Price Performance

Shares of NASDAQ WMT opened at $121.25 on Friday. The firm has a market cap of $961.97 billion, a P/E ratio of 43.77, a PEG ratio of 4.29 and a beta of 0.58. Walmart Inc. has a twelve month low of $98.88 and a twelve month high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. The company has a 50 day moving average of $109.84 and a 200 day moving average of $118.37.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, beating the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The business had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. During the same period last year, the business posted $0.68 EPS. The company’s revenue was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, research analysts expect that Walmart Inc. will post 2.88 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of recent research reports. Mizuho lowered their price objective on Walmart from $130.00 to $125.00 and set an “outperform” rating for the company in a research note on Tuesday, September 29th. Robert W. Baird cut their target price on Walmart from $140.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, August 21st. Weiss Ratings lowered Walmart from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. UBS Group dropped their price target on shares of Walmart from $141.00 to $130.00 and set a “buy” rating on the stock in a research note on Friday, August 21st. Finally, BTIG Research reissued a “buy” rating and set a $140.00 price objective on shares of Walmart in a research report on Thursday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Walmart currently has a consensus rating of “Buy” and an average target price of $132.41.

Insider Transactions at Walmart

In other news, EVP Daniel Danker sold 50,644 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the transaction, the executive vice president directly owned 201,672 shares of the company’s stock, valued at $21,246,145.20. This represents a 20.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Daniel Bartlett sold 3,990 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $104.41, for a total value of $416,595.90. Following the sale, the executive vice president directly owned 618,359 shares in the company, valued at $64,562,863.19. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 102,244 shares of company stock valued at $11,112,044. Insiders own 0.09% of the company’s stock.

Walmart Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.