McGlone Suttner Wealth Management Inc. Raises Position in Walmart Inc. $WMT

McGlone Suttner Wealth Management Inc. lifted its stake in shares of Walmart Inc. (NYSE:WMT) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,063 shares of the retailer’s stock after buying an additional 937 shares during the period. McGlone Suttner Wealth Management Inc.’s holdings in Walmart were worth $2,157,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Walmart by 24.7% during the 2nd quarter. GAMMA Investing LLC now owns 112,781 shares of the retailer’s stock valued at $11,028,000 after acquiring an additional 22,341 shares in the last quarter. Ridgewood Investments LLC grew its stake in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares in the last quarter. Maryland Capital Advisors Inc. raised its holdings in shares of Walmart by 200.5% in the second quarter. Maryland Capital Advisors Inc. now owns 14,487 shares of the retailer’s stock valued at $1,417,000 after purchasing an additional 9,666 shares during the last quarter. Strategic Planning Group LLC lifted its position in shares of Walmart by 5.3% during the second quarter. Strategic Planning Group LLC now owns 164,574 shares of the retailer’s stock valued at $16,092,000 after purchasing an additional 8,224 shares in the last quarter. Finally, Iams Wealth Management LLC purchased a new position in Walmart during the second quarter worth about $710,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. KeyCorp boosted their target price on Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, June 9th. Truist Financial decreased their price target on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Telsey Advisory Group lifted their price target on Walmart from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Friday, August 22nd. Finally, Bank of America upped their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Buy” and an average target price of $112.03.

Walmart Stock Down 1.2%

WMT stock opened at $102.40 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $816.42 billion, a PE ratio of 38.50, a PEG ratio of 4.82 and a beta of 0.65. Walmart Inc. has a twelve month low of $78.11 and a twelve month high of $106.11. The stock has a 50-day simple moving average of $99.40 and a two-hundred day simple moving average of $95.64.

Walmart (NYSE:WMT) last announced its quarterly 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 firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the previous year, the company posted $0.67 earnings per share. The company’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. On average, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president directly owned 932,313 shares in the company, valued at $88,700,258.82. The trade was a 1.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the transaction, the chief executive officer directly owned 4,412,398 shares in the company, valued at approximately $421,737,000.84. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 134,107 shares of company stock worth $13,183,727. 0.10% of the stock is owned by corporate insiders.

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.