Bourgeon Capital Management LLC Acquires 321 Shares of Walmart Inc. $WMT

Bourgeon Capital Management LLC boosted its holdings in Walmart Inc. (NYSE:WMT) by 12.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,833 shares of the retailer’s stock after acquiring an additional 321 shares during the period. Bourgeon Capital Management LLC’s holdings in Walmart were worth $277,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its holdings in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares in the last quarter. Nuveen LLC acquired a new position in Walmart in the 1st quarter valued at $2,532,331,000. Goldman Sachs Group Inc. grew its holdings in Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after buying an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP grew its holdings in Walmart by 527.1% in the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after buying an additional 5,664,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board grew its holdings in Walmart by 28,684.8% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after buying an additional 4,214,661 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

NYSE:WMT opened at $103.07 on Wednesday. The stock’s 50-day simple moving average is $100.45 and its 200 day simple moving average is $96.36. The firm has a market capitalization of $821.76 billion, a PE ratio of 38.75, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11.

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 business had revenue of $169.34 billion during the quarter, compared to analyst estimates 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 period last year, the business 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. On average, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on WMT shares. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Bank of America upped their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Truist Financial decreased their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Evercore ISI reissued an “outperform” rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Finally, KeyCorp increased their target price on Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Monday, June 9th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

Insider Transactions at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated Friday, September 12th. The stock was 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 approximately $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 can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the transaction, the chief executive officer owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. This represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 149,032 shares of company stock valued at $14,860,951 over the last three months. Company insiders own 0.10% of the company’s stock.

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.