GC Wealth Management RIA LLC Boosts Holdings in Walmart Inc. $WMT

GC Wealth Management RIA LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 63.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,076 shares of the retailer’s stock after acquiring an additional 27,123 shares during the period. GC Wealth Management RIA LLC’s holdings in Walmart were worth $6,852,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WMT. Kingstone Capital Partners Texas LLC grew its holdings in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Walmart in the first quarter valued at $2,532,331,000. Goldman Sachs Group Inc. boosted its stake in shares of Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after acquiring an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after acquiring an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board increased its position in Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock worth $371,295,000 after purchasing an additional 4,214,661 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Bank of America raised their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Guggenheim reissued a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. JPMorgan Chase & Co. lowered their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. KeyCorp increased their price target on Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, June 9th. Finally, Evercore ISI restated an “outperform” rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $112.38.

Insider Buying and Selling at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the sale, the executive vice president directly owned 1,052,455 shares of the company’s stock, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares in the company, valued at $421,594,770.45. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 149,032 shares of company stock worth $14,860,951. Insiders own 0.10% of the company’s stock.

Walmart Stock Down 0.1%

Shares of NYSE:WMT opened at $103.01 on Tuesday. The stock has a 50-day simple moving average of $100.30 and a 200-day simple moving average of $96.31. The stock has a market capitalization of $821.28 billion, a P/E ratio of 38.73, a PEG ratio of 4.86 and a beta of 0.65. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

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

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.