Kellett Wealth Advisors LLC Raises Stock Position in Walmart Inc. $WMT

Kellett Wealth Advisors LLC raised its stake in shares of Walmart Inc. (NYSE:WMT) by 9.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,749 shares of the retailer’s stock after purchasing an additional 420 shares during the quarter. Kellett Wealth Advisors LLC’s holdings in Walmart were worth $464,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in WMT. Brighton Jones LLC increased its position in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the period. Revolve Wealth Partners LLC increased its position in Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares during the period. Mainstream Capital Management LLC grew its position in shares of Walmart by 13.6% in the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after buying an additional 1,474 shares during the period. GAMMA Investing LLC grew its position in shares of Walmart by 13.9% in the 1st quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock worth $7,940,000 after buying an additional 11,018 shares during the period. Finally, Great Lakes Retirement Inc. grew its position in shares of Walmart by 6.7% in the 1st quarter. Great Lakes Retirement Inc. now owns 21,299 shares of the retailer’s stock worth $1,875,000 after buying an additional 1,339 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Performance

Shares of Walmart stock opened at $107.15 on Wednesday. The stock has a market cap of $854.27 billion, a price-to-earnings ratio of 40.28, a PEG ratio of 4.81 and a beta of 0.67. The firm’s 50-day moving average is $101.43 and its 200 day moving average is $97.53. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $107.92. 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 (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The firm 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 business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. Sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Mizuho reaffirmed an “outperform” rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. JPMorgan Chase & Co. reduced their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. Finally, Oppenheimer upped their target price 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-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $112.63.

Insider Activity at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the transaction, the executive vice president owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer owned 4,392,985 shares in the company, valued at $421,594,770.45. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,488 shares of company stock worth $14,917,151 over the last quarter. 0.10% of the stock is currently owned by insiders.

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.