Cassaday & Co Wealth Management LLC Buys 1,232 Shares of Walmart Inc. $WMT

Cassaday & Co Wealth Management LLC grew its stake in Walmart Inc. (NYSE:WMT) by 4.8% in the second quarter, HoldingsChannel reports. The fund owned 26,931 shares of the retailer’s stock after acquiring an additional 1,232 shares during the period. Cassaday & Co Wealth Management LLC’s holdings in Walmart were worth $2,633,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Access Investment Management LLC bought a new position in shares of Walmart in the second quarter worth about $26,000. Operose Advisors LLC raised its stake in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after acquiring an additional 243 shares during the last quarter. PFS Partners LLC raised its stake in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares during the last quarter. Bear Mountain Capital Inc. raised its stake in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after acquiring an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Up 0.4%

Shares of NYSE WMT opened at $101.60 on Tuesday. The stock has a market cap of $810.07 billion, a P/E ratio of 38.20, a P/E/G ratio of 4.83 and a beta of 0.67. The firm has a 50 day moving average price of $102.57 and a 200 day moving average price of $99.27. 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.

Walmart (NYSE:WMT) last issued its quarterly earnings data 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 for 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 firm’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 firm posted $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 expect that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the transaction, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the completion of the transaction, the executive vice president directly owned 919,189 shares in the company, valued at approximately $90,586,075.95. The trade was a 1.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 148,838 shares of company stock worth $15,309,020 in the last ninety days. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on WMT shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Telsey Advisory Group reiterated an “outperform” rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Oppenheimer lifted their price target 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. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Finally, Tigress Financial lifted their price target 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. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $113.40.

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.