Walmart Inc. $WMT Shares Purchased by JGP Wealth Management LLC

JGP Wealth Management LLC boosted its position in Walmart Inc. (NYSE:WMT) by 0.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 125,633 shares of the retailer’s stock after purchasing an additional 1,013 shares during the quarter. Walmart comprises approximately 1.5% of JGP Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. JGP Wealth Management LLC’s holdings in Walmart were worth $12,284,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Operose Advisors LLC raised its stake in 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 last quarter. 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 purchasing an additional 233 shares during the last quarter. Bear Mountain Capital Inc. raised its stake in Walmart by 98.2% in the 1st 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 last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in Walmart by 432.4% in the 1st 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 last quarter. Finally, 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 purchasing an additional 115 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was 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 in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the transaction, the chief executive officer owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 149,488 shares of company stock valued at $14,917,151. 0.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WMT. Mizuho reaffirmed an “outperform” rating and issued a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Tigress Financial raised their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Finally, Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.63.

Walmart Stock Performance

NYSE WMT opened at $107.15 on Wednesday. The stock has a market cap of $854.27 billion, a PE ratio of 40.28, a P/E/G ratio of 4.81 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $107.92. The stock has a fifty day simple moving average of $101.43 and a 200-day simple moving average of $97.53.

Walmart (NYSE:WMT) last released its quarterly earnings results 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). The business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

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.