7,548 Walmart Inc. $WMT Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC decreased its stake in shares of Walmart Inc. (NASDAQ:WMT) by 1.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 397,801 shares of the retailer’s stock after selling 7,548 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Walmart were worth $41,340,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE bought a new position in Walmart during the second quarter worth about $7,455,131,000. Legal & General Group Plc acquired a new position in shares of Walmart during the 2nd quarter worth approximately $2,905,655,000. Canada Pension Plan Investment Board bought a new position in shares of Walmart during the second quarter worth approximately $796,677,000. Deutsche Bank AG raised its position in shares of Walmart by 54.0% in the second quarter. Deutsche Bank AG now owns 18,607,297 shares of the retailer’s stock valued at $2,107,462,000 after buying an additional 6,525,224 shares in the last quarter. Finally, Amundi raised its position in shares of Walmart by 44.4% in the second 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. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Up 3.5%

WMT opened at $129.17 on Thursday. Walmart Inc. has a 1-year low of $98.88 and a 1-year high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The company has a market cap of $1.02 trillion, a P/E ratio of 44.12, a price-to-earnings-growth ratio of 4.51 and a beta of 0.53. The company has a fifty day moving average price of $111.56 and a two-hundred day moving average price of $118.51.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion for the quarter, compared to analysts’ expectations of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 EPS. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Analysts predict that Walmart Inc. will post 2.88 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, CEO John Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $106.66, for a total value of $1,399,912.50. Following the transaction, the chief executive officer owned 647,912 shares in the company, valued at approximately $69,106,293.92. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Suresh Kumar sold 166,342 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $123.21, for a total value of $20,494,997.82. Following the completion of the sale, the chief technology officer directly owned 1,632,223 shares of the company’s stock, valued at $201,106,195.83. This trade represents a 9.25% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 268,222 shares of company stock worth $31,604,051 in the last quarter. Company insiders own 0.09% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of analyst reports. BMO Capital Markets reissued an “outperform” rating and set a $126.00 price target on shares of Walmart in a research report on Friday, August 21st. Cantor Fitzgerald upgraded Walmart to a “buy” rating in a research note on Friday, August 21st. Freedom Broker raised shares of Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. Truist Financial set a $114.00 price target on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, August 21st. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a report on Friday, August 21st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $132.41.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart was among retailers leading a market rally following the Democrats’ congressional sweep, providing a favorable sector backdrop for the stock. Walmart, Target, and Dollar Tree lead retail rally
• Positive Sentiment: A reported $6 billion deal with Symbotic to automate warehouses could improve operating efficiency over time, though the scale of the investment also matters. Walmart in $6B Symbotic deal to automate warehouses
• Positive Sentiment: ETFs purchased $152.6 million of Walmart shares on Nov. 2, signaling notable fund demand. Walmart sees $152.6 million in net ETF buying
• Positive Sentiment: One long-term investment analysis argues Walmart is growing despite a challenging economy and that its business strength can justify a premium valuation. Why I’d buy Walmart in November and hold for a decade
• Neutral Sentiment: Executives Suresh Kumar and Daniel Bartlett disclosed share sales under pre-arranged Rule 10b5-1 plans. Such planned transactions are not necessarily signals about their view of Walmart’s outlook. Walmart executive share sale
• Negative Sentiment: AI shopping agents could challenge Walmart’s advertising revenue and access to customer data if shoppers increasingly use third-party agents instead of the retailer’s own channels. AI shopping agents could threaten Walmart’s ad business
• Negative Sentiment: Valuation remains a risk: coverage describes WMT as expensive, with a P/E around 45, and cites management’s prior warning of a potential slowdown. That could leave the shares sensitive to any disappointment. Should You Buy Walmart Stock Before Nov. 19?

About Walmart

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.