Walmart Inc. $WMT Shares Sold by Strategic Blueprint LLC

Strategic Blueprint LLC lowered its holdings in Walmart Inc. (NASDAQ:WMTFree Report) by 10.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 99,853 shares of the retailer’s stock after selling 11,164 shares during the period. Strategic Blueprint LLC’s holdings in Walmart were worth $10,291,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Revolve Wealth Partners LLC grew its position in shares of Walmart by 1.0% during the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after buying an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC boosted its stake in Walmart by 1.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock valued at $851,000 after acquiring an additional 98 shares during the last quarter. Meridian Wealth Partners LLC boosted its stake in Walmart by 2.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after acquiring an additional 99 shares during the last quarter. Hickory Point Bank & Trust grew its holdings in Walmart by 1.3% during the 3rd quarter. Hickory Point Bank & Trust now owns 7,706 shares of the retailer’s stock worth $794,000 after acquiring an additional 100 shares in the last quarter. Finally, CogentBlue Wealth Advisors LLC increased its position in shares of Walmart by 2.9% in the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 3,594 shares of the retailer’s stock worth $370,000 after purchasing an additional 100 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the completion of the transaction, the executive vice president owned 1,040,455 shares in the company, valued at approximately $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the completion of the sale, the chief executive officer owned 4,334,747 shares in the company, valued at approximately $474,958,228.79. This represents a 0.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 125,628 shares of company stock worth $13,690,065. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

WMT has been the topic of several research analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a $125.00 price target (up previously from $115.00) on shares of Walmart in a research report on Friday, November 21st. Piper Sandler restated an “overweight” rating and set a $123.00 price objective (up previously from $111.00) on shares of Walmart in a research note on Friday, November 21st. Truist Financial set a $127.00 target price on Walmart in a research report on Wednesday, December 17th. BTIG Research reiterated a “buy” rating and issued a $125.00 price target (up from $120.00) on shares of Walmart in a report on Friday, November 21st. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $129.00 price objective (up from $122.00) on shares of Walmart in a research note on Monday. Thirty-two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $121.55.

Read Our Latest Report on WMT

More Walmart News

Here are the key news stories impacting Walmart this week:

Walmart Stock Down 1.4%

Shares of Walmart stock opened at $112.72 on Thursday. The stock has a market capitalization of $898.40 billion, a price-to-earnings ratio of 39.41, a PEG ratio of 5.28 and a beta of 0.66. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $117.45. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. The business’s 50 day simple moving average is $109.25 and its 200-day simple moving average is $103.54.

Walmart (NASDAQ:WMTGet Free Report) last released its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. The business’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. Equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Walmart (NASDAQ:WMT)

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