Pinnacle Wealth Management Advisory Group LLC Reduces Stock Position in Walmart Inc. $WMT

Pinnacle Wealth Management Advisory Group LLC trimmed its stake in shares of Walmart Inc. (NYSE:WMT) by 0.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,634 shares of the retailer’s stock after selling 1,053 shares during the period. Walmart comprises about 1.0% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 28th biggest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in Walmart were worth $12,284,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Aviva PLC raised its stake in shares of Walmart by 16.4% in the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock valued at $374,861,000 after acquiring an additional 539,504 shares during the period. Weatherly Asset Management L. P. raised its position in Walmart by 7.0% in the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after purchasing an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after purchasing an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new stake in shares of Walmart in the first quarter worth about $2,107,000. Finally, Night Squared LP acquired a new stake in shares of Walmart in the first quarter valued at about $1,052,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $102.60 on Friday. The firm has a fifty day moving average of $103.02 and a two-hundred day moving average of $99.46. The firm has a market cap of $818.01 billion, a P/E ratio of 38.57, a P/E/G ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. 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 issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company 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 business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business 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. As a group, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the transaction, the executive vice president directly owned 919,189 shares in the company, valued at $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 151,038 shares of company stock worth $15,531,616 in the last quarter. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WMT. Evercore ISI reissued an “outperform” rating and set a $111.00 price target (up from $110.00) on shares of Walmart in a research report on Tuesday, October 21st. JPMorgan Chase & Co. decreased their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Tigress Financial raised their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Finally, Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an “outperform” rating in a research note on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average 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.