Walmart Inc. $WMT Shares Sold by Delap Wealth Advisory LLC

by · The Markets Daily

Delap Wealth Advisory LLC decreased its position in Walmart Inc. (NYSE:WMT – Free Report) by 1.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,174 shares of the retailer’s stock after selling 244 shares during the quarter. Walmart comprises approximately 0.7% of Delap Wealth Advisory LLC’s holdings, making the stock its 27th largest position. Delap Wealth Advisory LLC’s holdings in Walmart were worth $1,484,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Harbour Investments Inc. lifted its holdings in Walmart by 0.7% in the 2nd quarter. Harbour Investments Inc. now owns 60,152 shares of the retailer’s stock valued at $5,882,000 after acquiring an additional 408 shares during the last quarter. Brown Financial Advisory lifted its stake in Walmart by 73.7% during the second quarter. Brown Financial Advisory now owns 4,755 shares of the retailer’s stock valued at $465,000 after purchasing an additional 2,018 shares during the last quarter. JGP Wealth Management LLC lifted its stake in Walmart by 0.8% during the second quarter. JGP Wealth Management LLC now owns 125,633 shares of the retailer’s stock valued at $12,284,000 after purchasing an additional 1,013 shares during the last quarter. Cypress Wealth Services LLC lifted its stake in Walmart by 3.2% during the second quarter. Cypress Wealth Services LLC now owns 14,606 shares of the retailer’s stock valued at $1,428,000 after purchasing an additional 458 shares during the last quarter. Finally, Sagespring Wealth Partners LLC lifted its stake in Walmart by 2.5% during the second quarter. Sagespring Wealth Partners LLC now owns 128,189 shares of the retailer’s stock valued at $12,534,000 after purchasing an additional 3,095 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Truist Financial cut their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. DA Davidson set a $117.00 target price on Walmart in a report on Wednesday. Oppenheimer lifted their price target on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 price target on shares of Walmart in a research note on Friday, August 22nd. Finally, Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $112.63.

Read Our Latest Stock Analysis on WMT

Walmart Price Performance

NYSE WMT opened at $109.05 on Thursday. The company has a 50 day simple moving average of $101.55 and a 200-day simple moving average of $97.61. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market capitalization of $869.45 billion, a price-to-earnings ratio of 41.00, a price-to-earnings-growth ratio of 5.05 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.56.

Walmart (NYSE:WMT – Get Free Report) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the previous year, the company earned $0.67 EPS. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president directly owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 136,363 shares of company stock valued at $13,668,438. 0.10% of the stock is currently owned by company insiders.

About Walmart

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT – Free Report).