Centaurus Financial Inc. Reduces Stock Holdings in Walmart Inc. $WMT

Centaurus Financial Inc. cut its stake in shares of Walmart Inc. (NASDAQ:WMT) by 4.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 102,717 shares of the retailer’s stock after selling 5,163 shares during the period. Centaurus Financial Inc.’s holdings in Walmart were worth $10,044,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Access Investment Management LLC acquired a new position in shares of Walmart during the second quarter worth $26,000. PFS Partners LLC increased its stake in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the period. Ridgewood Investments LLC lifted its holdings in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after buying an additional 115 shares in the last quarter. Livelsberger Financial Advisory purchased a new position in Walmart in the 2nd quarter valued at about $44,000. Finally, Harbor Asset Planning Inc. purchased a new position in Walmart in the 2nd quarter valued at about $46,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of WMT opened at $116.70 on Monday. The business’s fifty day moving average price is $106.31 and its 200 day moving average price is $101.52. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $116.95. The stock has a market capitalization of $930.12 billion, a PE ratio of 40.80, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm 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 earned $0.58 earnings per share. The firm’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 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent analyst reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $122.00 price target (up previously from $118.00) on shares of Walmart in a research note on Friday, November 21st. The Goldman Sachs Group lifted their price objective on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Evercore ISI set a $117.00 target price on Walmart and gave the company an “outperform” rating in a research note on Tuesday, December 9th. Telsey Advisory Group raised their price target on shares of Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $120.00 price target (up 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 given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $119.31.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares of the company’s stock, valued at approximately $96,241,073.20. This trade represents a 1.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the transaction, the executive vice president owned 1,044,455 shares of the company’s stock, valued at $112,540,026.25. This represents a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 126,403 shares of company stock worth $13,386,774. 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.