Walmart Inc. $WMT is Eads & Heald Wealth Management’s 4th Largest Position

Eads & Heald Wealth Management lessened its holdings in Walmart Inc. (NYSE:WMT) by 6.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 37,373 shares of the retailer’s stock after selling 2,377 shares during the quarter. Walmart accounts for approximately 1.8% of Eads & Heald Wealth Management’s holdings, making the stock its 4th largest holding. Eads & Heald Wealth Management’s holdings in Walmart were worth $3,654,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of WMT. Vanguard Group Inc. increased its stake in 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 purchasing 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 second 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. Goldman Sachs Group Inc. increased its position in shares of Walmart by 30.1% in 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 during the period. Ameriprise Financial Inc. raised its stake in Walmart by 1.3% in the 1st quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock worth $2,710,665,000 after acquiring an additional 387,424 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Walmart by 2.9% in the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer’s stock worth $2,562,427,000 after acquiring an additional 823,020 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

NYSE:WMT opened at $102.70 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company has a 50 day moving average price of $100.88 and a 200-day moving average price of $96.87. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The firm has a market cap of $818.81 billion, a price-to-earnings ratio of 38.61, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. 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 firm 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. Equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling

In related news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the transaction, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $15,083,877 in the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the topic of several research analyst reports. KeyCorp boosted their price target on Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, June 9th. Mizuho reiterated an “outperform” rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. 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 report on Wednesday, September 17th. Guggenheim restated a “buy” rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Tigress Financial increased their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Thirty analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.38.

About Walmart

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.