Walmart Inc. $WMT Shares Bought by Balboa Wealth Partners

Balboa Wealth Partners raised its position in Walmart Inc. (NYSE:WMT) by 2.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,908 shares of the retailer’s stock after acquiring an additional 212 shares during the quarter. Balboa Wealth Partners’ holdings in Walmart were worth $773,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WMT. Brighton Jones LLC grew its position in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares in the last quarter. Mainstream Capital Management LLC grew 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 worth $1,084,000 after buying an additional 1,474 shares in the last quarter. GAMMA Investing LLC grew 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 worth $7,940,000 after buying an additional 11,018 shares in the last quarter. Finally, Retirement Planning Group LLC NY grew its position in shares of Walmart by 6.5% during the first quarter. Retirement Planning Group LLC NY now owns 5,595 shares of the retailer’s stock worth $491,000 after buying an additional 341 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Bank of America boosted their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Guggenheim reissued a “buy” rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Evercore ISI restated an “outperform” rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Oppenheimer boosted their target price on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $112.63.

Walmart Price Performance

WMT stock opened at $107.80 on Monday. The business has a 50 day moving average price of $101.69 and a 200 day moving average price of $98.00. The stock has a market cap of $859.50 billion, a price-to-earnings ratio of 40.53, a PEG ratio of 5.08 and a beta of 0.67. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. 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 issued its quarterly earnings data 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the prior year, the firm posted $0.67 EPS. Walmart’s quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 1,550 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total value of $166,563.00. Following the completion of the sale, the executive vice president owned 644,418 shares in the company, valued at approximately $69,249,158.28. The trade was a 0.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the sale, the executive vice president owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 147,038 shares of company stock valued at $14,869,054 in the last 90 days. Company insiders own 0.10% of the company’s stock.

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.