Jackson Thornton Wealth Management LLC increased its position in shares of Walmart Inc. (NYSE:WMT – Free Report) by 18.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,874 shares of the retailer’s stock after purchasing an additional 595 shares during the period. Jackson Thornton Wealth Management LLC’s holdings in Walmart were worth $376,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of WMT. Bedel Financial Consulting Inc. boosted its stake in Walmart by 0.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock valued at $2,275,000 after buying an additional 102 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Walmart by 1.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock valued at $961,000 after buying an additional 103 shares in the last quarter. Scott & Selber Inc. boosted its stake in Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock valued at $256,000 after buying an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC boosted its stake in Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock valued at $684,000 after buying an additional 105 shares in the last quarter. Finally, RoundAngle Advisors LLC boosted its stake in Walmart by 0.4% in the 2nd quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after buying an additional 105 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts recently commented on the company. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $118.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Tigress Financial boosted their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Finally, The Goldman Sachs Group boosted their price target on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Walmart has an average rating of “Moderate Buy” and an average price target of $112.63.
Insider Activity at Walmart
In other news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the sale, the executive vice president owned 892,940 shares in the company, valued at $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,550 shares of the business’s stock in a transaction 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 sale, the executive vice president owned 644,418 shares of the company’s stock, valued at approximately $69,249,158.28. The trade was a 0.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 147,038 shares of company stock valued at $14,869,054 over the last quarter. 0.10% of the stock is currently owned by corporate insiders.
Walmart Trading Down 0.6%
Shares of WMT opened at $107.06 on Tuesday. The stock has a fifty day moving average price of $101.75 and a two-hundred day moving average price of $98.16. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The company has a market cap of $853.60 billion, a price-to-earnings ratio of 40.25, a PEG ratio of 5.08 and a beta of 0.67.
Walmart (NYSE:WMT – Get Free Report) last released its 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 firm had revenue of $169.34 billion for 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 company’s revenue was up 4.8% compared to the same quarter last year. 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. Analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.
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.
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