Independent Wealth Network Inc. Has $591,000 Stock Position in Walmart Inc. $WMT

Independent Wealth Network Inc. increased its stake in Walmart Inc. (NYSE:WMT) by 8.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,047 shares of the retailer’s stock after purchasing an additional 453 shares during the period. Independent Wealth Network Inc.’s holdings in Walmart were worth $591,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Bedel Financial Consulting Inc. lifted its holdings in Walmart by 0.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock valued at $2,275,000 after purchasing an additional 102 shares in the last quarter. Scott & Selber Inc. lifted its position in Walmart by 3.7% in the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock valued at $256,000 after acquiring an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC grew its holdings in shares of 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 buying an additional 105 shares during the last quarter. Lauterbach Financial Advisors LLC raised its stake 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 buying an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its stake in Walmart by 1.4% in the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock valued at $685,000 after purchasing an additional 106 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity at Walmart

In related news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction 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 sale, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock valued at $15,077,519 in the last quarter. 0.10% of the stock is currently owned by insiders.

Walmart Stock Performance

Shares of WMT opened at $103.14 on Friday. The firm has a market capitalization of $822.32 billion, a PE ratio of 38.77, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. 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 company has a 50-day simple moving average of $100.16 and a two-hundred day simple moving average of $96.11. Walmart Inc. has a one year low of $78.98 and a one year high of $106.11.

Walmart (NYSE:WMT) last issued its earnings results 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 firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.67 EPS. 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 anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Tigress Financial increased their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Oppenheimer raised their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Truist Financial decreased their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an “outperform” rating in a research note on Friday, August 22nd. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

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.