Modera Wealth Management LLC Decreases Stock Holdings in Walmart Inc. $WMT

Modera Wealth Management LLC lowered its stake in shares of Walmart Inc. (NASDAQ:WMT) by 3.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 194,397 shares of the retailer’s stock after selling 6,756 shares during the period. Modera Wealth Management LLC’s holdings in Walmart were worth $24,160,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Townsend Asset Management Corp NC ADV increased its holdings in Walmart by 37.3% in the first quarter. Townsend Asset Management Corp NC ADV now owns 5,910 shares of the retailer’s stock valued at $735,000 after buying an additional 1,607 shares in the last quarter. Advisortrust Partners LLC boosted its stake in shares of Walmart by 20.2% during the 1st quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock worth $8,344,000 after acquiring an additional 11,283 shares in the last quarter. Astra Wealth Partners LLC boosted its stake in shares of Walmart by 7.1% during the 1st quarter. Astra Wealth Partners LLC now owns 2,550 shares of the retailer’s stock worth $317,000 after acquiring an additional 168 shares in the last quarter. NovaPoint Capital LLC grew its holdings in shares of Walmart by 2.0% in the 1st quarter. NovaPoint Capital LLC now owns 84,832 shares of the retailer’s stock worth $10,543,000 after acquiring an additional 1,687 shares during the period. Finally, PeakShares LLC grew its holdings in shares of Walmart by 1.4% in the 1st quarter. PeakShares LLC now owns 9,101 shares of the retailer’s stock worth $1,131,000 after acquiring an additional 129 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: June U.S. retail sales held up, suggesting consumers are still spending as Walmart heads into the back-to-school season; that could support traffic and sales volumes if the company remains aggressive on pricing. Retail Sales Hold Up as Walmart and Amazon Go Back to School
• Neutral Sentiment: Walmart is also being discussed in multiple market and analyst roundups, with commentary focusing on its strong digital growth and role as a defensive stock, but these pieces do not appear to include a major new business update. Walmart Commands a 36.74X Forward P/E: Is the Stock Worth Buying?
• Neutral Sentiment: An article about AI and retail highlighted that Walmart is investing in automation while still emphasizing workers, which reinforces its long-term strategy but is unlikely to move the stock on its own. Walmart’s people chief says these 10 jobs are still hot in the age of AI
• Negative Sentiment: Some analysts argue Walmart’s premium valuation leaves limited room for disappointment, with one note saying momentum alone may not justify the stock’s high forward P/E. Walmart’s Momentum Cannot Justify The Premium
• Negative Sentiment: Walmart has also been the subject of bearish commentary saying the recent sell-off may not be over, adding to investor caution around the shares. Walmart: The Sell-Off Isn’t Over Yet (Rating Upgrade)

Walmart Price Performance

WMT stock opened at $114.24 on Friday. Walmart Inc. has a 1 year low of $94.43 and a 1 year high of $135.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The stock’s 50 day moving average price is $118.82 and its 200 day moving average price is $122.04. The firm has a market cap of $909.13 billion, a P/E ratio of 40.08, a PEG ratio of 4.29 and a beta of 0.60.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.Walmart’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, sell-side analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. Evercore reissued an “outperform” rating on shares of Walmart in a report on Monday, May 18th. Morgan Stanley raised their price target on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. BNP Paribas Exane cut their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $138.85.

Insiders Place Their Bets

In related news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the sale, the director owned 4,174,579 shares of the company’s stock, valued at $495,230,306.77. This trade represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $118.19, for a total value of $342,751.00. Following the sale, the executive vice president owned 574,953 shares of the company’s stock, valued at approximately $67,953,695.07. This represents a 0.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 87,145 shares of company stock valued at $10,691,920. Insiders own 0.09% of the company’s stock.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.