Brady Martz Wealth Solutions LLC purchased a new position in Walmart Inc. (NYSE:WMT – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,268 shares of the retailer’s stock, valued at approximately $222,000.
Several other hedge funds also recently bought and sold shares of the company. Weatherly Asset Management L. P. raised its holdings in shares of Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after buying an additional 3,696 shares in the last quarter. Ally Financial Inc. purchased a new position in Walmart in the 1st quarter worth $2,107,000. Night Squared LP purchased a new position in Walmart in the 1st quarter worth $1,052,000. Gerber Kawasaki Wealth & Investment Management raised its position in Walmart by 34.6% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after purchasing an additional 9,831 shares during the period. Finally, Monument Capital Management raised its position in Walmart by 94.2% in the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after purchasing an additional 26,685 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on WMT. Tigress Financial lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. JPMorgan Chase & Co. reduced their price target on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Guggenheim reiterated a “buy” rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Wolfe Research initiated coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target on the stock. Finally, 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. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $112.62.
Insider Buying and Selling at Walmart
In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction on 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 completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the sale, the chief executive officer owned 4,412,398 shares of the company’s stock, valued at $421,737,000.84. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock worth $14,960,635 over the last three months. 0.10% of the stock is owned by company insiders.
Walmart Stock Performance
Shares of NYSE WMT opened at $102.79 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a fifty day moving average price of $99.54 and a 200-day moving average price of $95.72. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. The stock has a market cap of $819.53 billion, a PE ratio of 38.64, a price-to-earnings-growth ratio of 4.82 and a beta of 0.65.
Walmart (NYSE:WMT – Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the company posted $0.67 EPS. Walmart’s revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.
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.
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