Ritholtz Wealth Management Purchases 17,749 Shares of Walmart Inc. $WMT

Ritholtz Wealth Management raised its position in shares of Walmart Inc. (NYSE:WMT) by 8.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 219,958 shares of the retailer’s stock after acquiring an additional 17,749 shares during the quarter. Ritholtz Wealth Management’s holdings in Walmart were worth $21,507,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bedel Financial Consulting Inc. boosted its position in shares of Walmart by 0.4% in the first 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. Revolve Wealth Partners LLC boosted its holdings in Walmart by 1.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after buying an additional 103 shares during the period. Scott & Selber Inc. boosted its stake in shares of Walmart by 3.7% in 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 during the period. Capital Advisors Wealth Management LLC boosted its stake in shares of Walmart by 1.4% in 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 during the period. Finally, RoundAngle Advisors LLC boosted its stake in shares of Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after acquiring an additional 105 shares during the period. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,610 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the sale, the executive vice president directly owned 645,968 shares in the company, valued at $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the 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 completion of the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold 136,363 shares of company stock valued at $13,668,438 over the last 90 days. 0.10% of the stock is currently owned by insiders.

Walmart Stock Up 1.7%

Shares of NYSE:WMT opened at $109.05 on Thursday. The company has a 50-day moving average price of $101.55 and a 200 day moving average price of $97.61. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.56. The company has a market cap of $869.45 billion, a price-to-earnings ratio of 41.00, a PEG ratio of 5.05 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the company 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. As a group, equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WMT has been the subject of several recent analyst reports. Evercore ISI restated an “outperform” rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Telsey Advisory Group restated an “outperform” rating and set a $118.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Guggenheim reissued a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. JPMorgan Chase & Co. dropped their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Finally, Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an “outperform” rating in a report 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.com, Walmart presently has an average rating of “Moderate Buy” and a consensus price target of $112.63.

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.