TriaGen Wealth Management LLC Purchases 19,841 Shares of Walmart Inc. $WMT

TriaGen Wealth Management LLC grew its position in Walmart Inc. (NYSE:WMT) by 552.4% during the second quarter, HoldingsChannel.com reports. The firm owned 23,433 shares of the retailer’s stock after buying an additional 19,841 shares during the quarter. TriaGen Wealth Management LLC’s holdings in Walmart were worth $2,291,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Operose Advisors LLC raised its holdings in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC raised its stake in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares during the period. Ridgewood Investments LLC raised its stake in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares during the period. Bear Mountain Capital Inc. raised its position in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after purchasing an additional 167 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on WMT shares. Guggenheim reissued a “buy” rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Truist Financial cut their price target on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. JPMorgan Chase & Co. cut their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Evercore ISI reissued an “outperform” rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Oppenheimer increased their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Thirty equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $112.38.

Walmart Price Performance

Walmart stock opened at $103.12 on Wednesday. The company’s 50 day moving average price is $100.97 and its two-hundred day moving average price is $96.92. The stock has a market cap of $822.14 billion, a P/E ratio of 38.77, a P/E/G ratio of 4.84 and a beta of 0.67. Walmart Inc. has a 52 week low of $79.07 and a 52 week high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the firm 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. On average, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 151,232 shares of company stock valued at $15,083,877. Corporate insiders own 0.10% of the company’s stock.

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.