Summit Wealth Partners LLC Buys Shares of 25,019 Walmart Inc. $WMT

Summit Wealth Partners LLC purchased a new position in shares of Walmart Inc. (NASDAQ:WMT) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 25,019 shares of the retailer’s stock, valued at approximately $3,109,000.

A number of other institutional investors and hedge funds have also modified their holdings of WMT. Renaissance Group LLC raised its holdings in Walmart by 0.9% during the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock worth $1,074,000 after purchasing an additional 83 shares during the last quarter. Calton & Associates Inc. grew its holdings in Walmart by 0.3% in the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock valued at $3,033,000 after purchasing an additional 84 shares during the last quarter. Advocacy Wealth Management LLC increased its position in shares of Walmart by 2.5% in the fourth quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock valued at $378,000 after buying an additional 84 shares in the last quarter. Stockman Wealth Management Inc. raised its stake in shares of Walmart by 3.5% during the 4th quarter. Stockman Wealth Management Inc. now owns 2,561 shares of the retailer’s stock worth $285,000 after buying an additional 87 shares during the last quarter. Finally, Capstone Wealth Management LLC raised its stake in shares of Walmart by 1.8% during the 4th quarter. Capstone Wealth Management LLC now owns 4,955 shares of the retailer’s stock worth $552,000 after buying an additional 89 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 0.3%

Shares of WMT stock opened at $119.04 on Thursday. The company has a market capitalization of $947.30 billion, a price-to-earnings ratio of 41.77, a PEG ratio of 4.46 and a beta of 0.59. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The firm has a 50-day moving average price of $124.11 and a 200 day moving average price of $122.21. Walmart Inc. has a twelve month low of $94.23 and a twelve month high of $135.15.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. The company had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

WMT has been the topic of a number of research reports. Royal Bank Of Canada reissued an “outperform” rating and issued a $137.00 price objective (down from $140.00) on shares of Walmart in a research note on Friday, May 22nd. TD Cowen restated a “buy” rating and set a $150.00 target price (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a report on Monday, April 20th. Truist Financial set a $140.00 price target on shares of Walmart in a research report on Thursday, May 21st. Finally, Wolfe Research reissued an “outperform” rating and set a $137.00 price objective (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart plans to acquire Vibe.co to make connected-TV advertising more accessible for smaller advertisers and marketplace sellers, a move that could boost retail media revenue and deepen monetization of Walmart Connect. Article Title
• Positive Sentiment: Shapermint’s expansion into 1,600 additional Walmart stores highlights continued strength in Walmart’s physical retail reach and its ability to attract growing consumer brands. Article Title
• Positive Sentiment: Walmart’s long-term nuclear power deal with Constellation supports lower-carbon, reliable energy for logistics operations and signals a broader push to secure cost-stable power for its supply chain. Article Title
• Neutral Sentiment: EVP Christopher James Nicholas sold 2,900 shares under a pre-arranged trading plan, which is routine and appears limited relative to his overall holdings. Article Title
• Neutral Sentiment: Walmart-backed Flipkart’s quick-commerce expansion in India adds to the company’s international growth narrative, but it is an indirect catalyst for WMT shares. Article Title

Insider Transactions at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the transaction, the executive vice president directly owned 120,203 shares in the company, valued at approximately $14,300,550.91. The trade was a 8.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the transaction, the director directly owned 4,174,579 shares in the company, valued at approximately $495,230,306.77. This represents a 0.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 100,730 shares of company stock worth $12,444,624 in the last three months. 0.09% of the stock is currently owned by company insiders.

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.