Walmart Inc. $WMT Shares Purchased by Ridgeline Wealth Planning LLC

Ridgeline Wealth Planning LLC raised its stake in shares of Walmart Inc. (NYSE:WMT) by 13.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,088 shares of the retailer’s stock after buying an additional 360 shares during the period. Ridgeline Wealth Planning LLC’s holdings in Walmart were worth $302,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Mengis Capital Management Inc. increased its stake in Walmart by 235.4% during the 2nd quarter. Mengis Capital Management Inc. now owns 7,836 shares of the retailer’s stock valued at $766,000 after buying an additional 5,500 shares during the period. M1 Capital Management LLC increased its stake in Walmart by 6.2% during the 2nd quarter. M1 Capital Management LLC now owns 8,919 shares of the retailer’s stock valued at $872,000 after buying an additional 523 shares during the period. Commerzbank Aktiengesellschaft FI increased its stake in Walmart by 49.1% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 98,093 shares of the retailer’s stock valued at $9,592,000 after buying an additional 32,295 shares during the period. Coordinated Financial Services Inc. acquired a new position in Walmart during the 2nd quarter valued at about $1,599,000. Finally, KRS Capital Management LLC acquired a new position in Walmart during the 2nd quarter valued at about $206,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of WMT opened at $101.86 on Friday. Walmart Inc. has a one year low of $79.37 and a one year high of $106.11. The company has a 50-day moving average of $101.22 and a two-hundred day moving average of $97.18. The stock has a market cap of $812.10 billion, a price-to-earnings ratio of 38.29, a PEG ratio of 4.80 and a beta of 0.67. 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 announced its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the business earned $0.67 earnings per share. The business’s quarterly 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. On average, equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on WMT. JPMorgan Chase & Co. reduced their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Wednesday. Tigress Financial raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Bank of America raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Finally, Evercore ISI restated an “outperform” rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Thirty equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

Insiders Place Their Bets

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the sale, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. This represents a 0.38% 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 that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $15,083,877 over the last ninety days. 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.