Asset Planning Inc boosted its position in Walmart Inc. (NYSE:WMT – Free Report) by 6.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,717 shares of the retailer’s stock after purchasing an additional 215 shares during the period. Asset Planning Inc’s holdings in Walmart were worth $363,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in WMT. Operose Advisors LLC lifted its position in Walmart by 319.7% in the first 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 lifted its position in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares during the period. Bear Mountain Capital Inc. lifted its position in 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. Clal Insurance Enterprises Holdings Ltd lifted its position in 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. Finally, Ridgewood Investments LLC increased its holdings in shares of 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 purchasing an additional 115 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on WMT shares. Truist Financial cut their price target 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. The Goldman Sachs Group raised their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Mizuho reaffirmed an “outperform” rating and set a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. Tigress Financial raised their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Finally, Evercore ISI reissued an “outperform” rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $112.38.
Walmart Trading Up 0.1%
WMT opened at $101.86 on Monday. The stock has a market capitalization of $812.10 billion, a PE ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67. The firm’s fifty day moving average price is $101.22 and its 200 day moving average price is $97.34. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 12-month low of $79.37 and a 12-month high of $106.11.
Walmart (NYSE:WMT – Get Free Report) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.
Insider Activity at Walmart
In other news, EVP Daniel J. Bartlett sold 1,610 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the transaction, the executive vice president owned 645,968 shares in the company, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the transaction, the executive vice president owned 621,718 shares of the company’s stock, valued at $62,998,684.94. This represents a 0.35% decrease in their position. 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 ninety days. 0.10% of the stock is owned by insiders.
Walmart Company 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.
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