Global Trust Asset Management LLC Has $2.47 Million Position in Walmart Inc. $WMT

Global Trust Asset Management LLC raised its position in shares of Walmart Inc. (NYSE:WMT) by 1.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,232 shares of the retailer’s stock after purchasing an additional 472 shares during the quarter. Walmart accounts for 1.3% of Global Trust Asset Management LLC’s investment portfolio, making the stock its 15th biggest holding. Global Trust Asset Management LLC’s holdings in Walmart were worth $2,467,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Walmart by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock valued at $37,395,120,000 after acquiring an additional 3,224,154 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its holdings in shares of 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 acquiring an additional 104,488,610 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Walmart by 30.1% during the 1st 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 in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Walmart by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after acquiring an additional 387,424 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Walmart by 2.9% during the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock valued at $2,562,427,000 after acquiring an additional 823,020 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,610 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the sale, the executive vice president owned 645,968 shares in the company, valued at approximately $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 149,032 shares of company stock valued at $14,860,951 in the last quarter. 0.10% of the stock is currently owned by insiders.

Walmart Stock Down 0.1%

NYSE WMT opened at $103.01 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a 50-day simple moving average of $100.30 and a 200 day simple moving average of $96.31. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11. The stock has a market cap of $821.28 billion, a PE ratio of 38.73, a PEG ratio of 4.86 and a beta of 0.65.

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

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of recent research reports. Truist Financial decreased their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Oppenheimer upped their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Piper Sandler reiterated an “overweight” rating and issued a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. The Goldman Sachs Group upped their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Finally, Evercore ISI reiterated an “outperform” rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $112.38.

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.