Walmart Inc. $WMT Shares Bought by Bernard Wealth Management Corp.

Bernard Wealth Management Corp. lifted its position in shares of Walmart Inc. (NYSE:WMT) by 2.6% in the second quarter, Holdings Channel reports. The firm owned 24,047 shares of the retailer’s stock after purchasing an additional 602 shares during the period. Walmart makes up about 1.1% of Bernard Wealth Management Corp.’s investment portfolio, making the stock its 21st biggest position. Bernard Wealth Management Corp.’s holdings in Walmart were worth $2,351,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Bedel Financial Consulting Inc. grew its holdings in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after purchasing an additional 102 shares during the period. Scott & Selber Inc. grew its holdings in shares of Walmart by 3.7% during the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock worth $256,000 after purchasing an additional 105 shares during the period. Capital Advisors Wealth Management LLC grew its holdings in shares of Walmart by 1.4% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock worth $684,000 after purchasing an additional 105 shares during the period. Lauterbach Financial Advisors LLC grew its holdings in shares of Walmart by 1.8% during the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock worth $517,000 after purchasing an additional 106 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC grew its holdings in shares of Walmart by 1.4% during the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock worth $685,000 after purchasing an additional 106 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Walmart stock opened at $101.86 on Friday. The stock has a market cap of $812.10 billion, a P/E ratio of 38.29, a price-to-earnings-growth ratio of 4.80 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average of $101.22 and a 200-day moving average of $97.26. Walmart Inc. has a 52 week low of $79.37 and a 52 week high of $106.11.

Walmart (NYSE:WMT) last released its 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 business 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 business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company posted $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. On average, analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

WMT has been the subject of a number of analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a report on Friday, August 22nd. Piper Sandler restated an “overweight” rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Evercore ISI restated an “outperform” rating and issued a $110.00 price target (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Finally, Truist Financial decreased their price target on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Thirty analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $112.38.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,610 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares in the company, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is owned by insiders.

Walmart Company 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.