Clearstead Trust LLC Acquires 682 Shares of Walmart Inc. $WMT

Clearstead Trust LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 17.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,644 shares of the retailer’s stock after buying an additional 682 shares during the quarter. Clearstead Trust LLC’s holdings in Walmart were worth $454,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of WMT. Access Investment Management LLC bought a new position in shares of Walmart in the 2nd quarter valued at approximately $26,000. Operose Advisors LLC grew its holdings in Walmart by 319.7% during the first 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 position in shares of Walmart by 267.8% in the second 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 period. Ridgewood Investments LLC lifted its stake in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after buying an additional 115 shares during the last quarter. Finally, Bear Mountain Capital Inc. boosted its holdings in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after buying an additional 167 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insider Transactions at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the transaction, the executive vice president owned 892,940 shares in the company, valued at approximately $96,241,073.20. This represents a 1.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the sale, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 149,383 shares of company stock valued at $15,365,487 in the last ninety days. 0.10% of the stock is owned by company insiders.

Walmart Stock Down 0.9%

WMT stock opened at $102.54 on Friday. Walmart Inc. has a twelve month low of $79.81 and a twelve month 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. The company has a market cap of $817.50 billion, a PE ratio of 38.55, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The business’s 50-day simple moving average is $103.36 and its 200 day simple moving average is $99.65.

Walmart (NYSE:WMT) last posted 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). 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 analyst estimates of $174.02 billion. During the same period last year, the company earned $0.67 EPS. The company’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Wells Fargo & Company lifted their target price on shares of Walmart from $108.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday. Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 price objective on shares of Walmart in a research note on Wednesday, September 24th. Cowen reissued a “buy” rating on shares of Walmart in a research report on Monday. DA Davidson set a $117.00 target price on Walmart in a report on Wednesday, October 15th. Finally, Bank of America lifted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Thirty-two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.50.

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.