Walmart Inc. $WMT Shares Acquired by Fortitude Advisory Group L.L.C.

Fortitude Advisory Group L.L.C. increased its stake in Walmart Inc. (NYSE:WMT) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,061 shares of the retailer’s stock after purchasing an additional 547 shares during the period. Walmart accounts for 0.8% of Fortitude Advisory Group L.L.C.’s portfolio, making the stock its 21st largest position. Fortitude Advisory Group L.L.C.’s holdings in Walmart were worth $1,375,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in WMT. Brighton Jones LLC grew its position in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares in the last quarter. Mainstream Capital Management LLC grew its holdings in Walmart by 13.6% in the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after buying an additional 1,474 shares in the last quarter. KMG Fiduciary Partners LLC increased its position in Walmart by 4.0% in the 1st quarter. KMG Fiduciary Partners LLC now owns 20,263 shares of the retailer’s stock valued at $1,779,000 after acquiring an additional 785 shares during the period. Finally, Wedge Capital Management L L P NC raised its stake in Walmart by 2.4% during the 1st quarter. Wedge Capital Management L L P NC now owns 7,678 shares of the retailer’s stock valued at $674,000 after acquiring an additional 177 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Up 0.6%

NYSE WMT opened at $102.70 on Tuesday. Walmart Inc. has a 12 month low of $78.98 and a 12 month high of $106.11. The company has a market capitalization of $818.81 billion, a P/E ratio of 38.61, a PEG ratio of 4.81 and a beta of 0.67. The company’s 50 day simple moving average is $100.88 and its 200 day simple moving average is $96.87. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) 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). The business had revenue of $169.34 billion for 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 quarter in the previous year, the business 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. Equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WMT. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research note on Saturday, September 27th. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the company an “outperform” rating in a research report on Friday, August 22nd. Guggenheim reissued a “buy” rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Truist Financial reduced their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the sale, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 151,232 shares of company stock valued at $15,083,877. Insiders own 0.10% of the company’s stock.

About Walmart

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.