McGuire Investment Group LLC has reduced its stake in Walmart Inc. (NASDAQ:WMT) by 10.1% during the third quarter, according to their latest filing with the Securities and Exchange Commission. Following the sale of 16,356 shares, the firm now holds 145,020 shares of the retail giant, equivalent to approximately 1.7% of its investment portfolio, making Walmart its 18th largest holding, valued at nearly $14.95 million.
The reduction in McGuire’s stake comes amid increasing activity from other institutional investors. Access Investment Management LLC entered a new position in Walmart during the second quarter valued at about $26,000. PFS Partners LLC significantly increased its holdings by 267.8%, now owning 320 shares worth $31,000 after buying an additional 233 shares. Ridgewood Investments LLC also raised its stake by 55.3%, owning 323 shares valued at $32,000. Additionally, Livelsberger Financial Advisory and Harbor Asset Planning Inc. made new investments in Walmart, with valuations of approximately $44,000 and $46,000 respectively. Overall, institutional investors hold about 26.76% of Walmart’s shares.
As of Monday, Walmart’s stock opened at $112.76, showcasing a modest increase of 1.2%. The company maintains a strong financial position with a market capitalization of $898.72 billion, a debt-to-equity ratio of 0.39, and a current ratio of 0.80. Over the past year, Walmart’s shares have oscillated between a low of $79.81 and a high of $117.45, with the current fifty-day moving average at $108.66.
Walmart has recently reported its quarterly earnings, revealing earnings per share (EPS) of $0.62, exceeding the consensus estimate of $0.60. The revenue for the quarter reached $179.50 billion, surpassing analyst expectations of $175.15 billion and marking a 5.8% increase year-over-year. The company is projecting a full-year EPS of between 2.580 and 2.630 for fiscal year 2026, with analysts estimating an overall EPS of 2.55 for the current year.
Additionally, several analysts have revised their price targets for Walmart shares. JPMorgan Chase & Co. has increased its target from $128.00 to $129.00, maintaining an “overweight” rating. Cowen has reaffirmed a “buy” rating, while Piper Sandler has adjusted their price objective from $111.00 to $123.00. Evercore ISI and Royal Bank Of Canada also reiterated their positive outlook, setting targets of $120.00 and $123.00 respectively. A strong consensus indicates that 32 research analysts rate Walmart with a “Buy” and one with a “Hold,” leading to an average rating of “Moderate Buy” and a consensus price target of $120.69.
Insider trading activity has also been notable, with EVP John R. Furner recently selling 13,125 shares at an average price of $114.91, totaling approximately $1.51 million. CEO C. Douglas McMillon sold 19,416 shares at an average price of $111.83 for about $2.17 million. Such sales result in minor reductions in their overall holdings but highlight the active management of company stock by executives.
Walmart continues to thrive as a retail leader, with an extensive array of store formats including supercenters, discount department stores, and a membership warehouse chain, Sam’s Club. The company’s ability to integrate physical retail with digital services underpins its ongoing success in the competitive market. Founded by Sam Walton in 1962, Walmart remains a cornerstone of American retail, headquartered in Bentonville, Arkansas.