Cerity Partners LLC Sells 40,262 Shares of Walmart Inc. $WMT

Cerity Partners LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,950,448 shares of the retailer’s stock after selling 40,262 shares during the period. Walmart accounts for 0.5% of Cerity Partners LLC’s portfolio, making the stock its 29th largest position. Cerity Partners LLC’s holdings in Walmart were worth $288,493,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Brighton Jones LLC increased its stake in shares of Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares during the period. Bristlecone Advisors LLC grew its holdings in Walmart by 4.7% during the first quarter. Bristlecone Advisors LLC now owns 8,110 shares of the retailer’s stock valued at $712,000 after purchasing an additional 367 shares during the period. Zions Bancorporation National Association UT bought a new stake in Walmart in the first quarter valued at approximately $1,209,000. Finally, Donoghue Forlines LLC raised its holdings in Walmart by 17.5% in the first quarter. Donoghue Forlines LLC now owns 26,428 shares of the retailer’s stock worth $2,320,000 after purchasing an additional 3,928 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

WMT opened at $115.22 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The company has a market capitalization of $918.32 billion, a price-to-earnings ratio of 40.29, a P/E/G ratio of 5.32 and a beta of 0.64. The business’s 50-day moving average price is $105.07 and its two-hundred day moving average price is $100.85. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $116.27.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.Walmart’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the company earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Cowen reissued a “buy” rating on shares of Walmart in a report on Monday, November 10th. JPMorgan Chase & Co. lifted their target price on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. BTIG Research reissued a “buy” rating and issued a $125.00 target price (up from $120.00) on shares of Walmart in a research note on Friday, November 21st. Guggenheim reaffirmed a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of Walmart in a research report on Friday, November 21st. Finally, KeyCorp reiterated an “overweight” rating and set a $120.00 price objective (up previously from $110.00) on shares of Walmart in a report on Friday, November 21st. 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, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $119.00.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $104.75, for a total value of $1,374,843.75. Following the sale, the executive vice president owned 879,815 shares of the company’s stock, valued at $92,160,621.25. The trade was a 1.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Friday, November 28th. The stock was sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the transaction, the chief executive officer owned 4,334,747 shares of the company’s stock, valued at $474,958,228.79. The trade was a 0.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 158,013 shares of company stock valued at $16,657,847 over the last ninety days. Insiders own 0.10% of the company’s stock.

Walmart Profile

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.