SteelPeak Wealth LLC Buys 1,982 Shares of Walmart Inc. $WMT

SteelPeak Wealth LLC grew its stake in shares of Walmart Inc. (NYSE:WMT) by 9.6% during the second quarter, HoldingsChannel reports. The firm owned 22,566 shares of the retailer’s stock after purchasing an additional 1,982 shares during the quarter. SteelPeak Wealth LLC’s holdings in Walmart were worth $2,206,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of WMT. Bedel Financial Consulting Inc. boosted its stake in Walmart by 0.4% during the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after acquiring an additional 102 shares in the last quarter. Scott & Selber Inc. boosted its stake in Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock worth $256,000 after acquiring an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC boosted its stake in Walmart by 1.4% during the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock worth $684,000 after acquiring an additional 105 shares in the last quarter. Lauterbach Financial Advisors LLC boosted its stake in Walmart by 1.8% during the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock worth $517,000 after acquiring an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC boosted its stake in Walmart by 1.4% during the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock worth $685,000 after acquiring an additional 106 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president directly owned 932,313 shares in the company, valued at $88,700,258.82. This trade represents a 1.39% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 151,232 shares of company stock valued at $15,083,877. Company insiders own 0.10% of the company’s stock.

Walmart Stock Up 0.4%

WMT opened at $103.12 on Wednesday. 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 firm has a 50 day moving average price of $100.97 and a 200-day moving average price of $96.92. Walmart Inc. has a twelve month low of $79.07 and a twelve month high of $106.11. The stock has a market capitalization of $822.14 billion, a price-to-earnings ratio of 38.77, a PEG ratio of 4.84 and a beta of 0.67.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share 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 analysts’ expectations 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% on a year-over-year basis. During the same period in the previous year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently commented on WMT. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Guggenheim reissued a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. The Goldman Sachs Group boosted their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Mizuho reaffirmed an “outperform” rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Finally, Bank of America lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $112.38.

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.