InTrack Investment Management Inc Grows Position in Walmart Inc. $WMT

InTrack Investment Management Inc increased its holdings in Walmart Inc. (NYSE:WMT) by 1.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,190 shares of the retailer’s stock after acquiring an additional 202 shares during the quarter. InTrack Investment Management Inc’s holdings in Walmart were worth $1,290,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in WMT. Brighton Jones LLC lifted its stake in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC lifted its stake in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares during the period. Mainstream Capital Management LLC lifted its position in shares of Walmart by 13.6% during the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock valued at $1,084,000 after buying an additional 1,474 shares during the last quarter. Wedge Capital Management L L P NC lifted its position in shares of Walmart by 2.4% during the first quarter. Wedge Capital Management L L P NC now owns 7,678 shares of the retailer’s stock valued at $674,000 after buying an additional 177 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Walmart by 13.9% during the first quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock valued at $7,940,000 after buying an additional 11,018 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. This represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is owned by corporate insiders.

Walmart Stock Performance

Shares of Walmart stock opened at $101.72 on Friday. The firm has a market capitalization of $811.00 billion, a P/E ratio of 38.24, a PEG ratio of 4.85 and a beta of 0.67. 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 company has a 50 day moving average price of $101.15 and a 200 day moving average price of $97.06. Walmart Inc. has a 52 week low of $79.37 and a 52 week high of $106.11.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company 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 business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on WMT. JPMorgan Chase & Co. decreased their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Telsey Advisory Group reissued an “outperform” rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an “outperform” rating in a research report on Friday, August 22nd. Piper Sandler reissued an “overweight” rating and set a $111.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Finally, Truist Financial decreased their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Thirty investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.