PDS Planning Inc Buys 2,258 Shares of Walmart Inc. $WMT

PDS Planning Inc increased its stake in Walmart Inc. (NYSE:WMT) by 7.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,764 shares of the retailer’s stock after purchasing an additional 2,258 shares during the quarter. PDS Planning Inc’s holdings in Walmart were worth $3,008,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Weatherly Asset Management L. P. lifted its stake in Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after purchasing an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of Walmart by 34.6% in the first 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. Ally Financial Inc. purchased a new stake in shares of Walmart in the first quarter worth $2,107,000. Night Squared LP bought a new stake in Walmart during the first quarter valued at $1,052,000. Finally, Monument Capital Management grew its position in Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after buying an additional 26,685 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president directly owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock worth $15,083,877 in the last 90 days. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have weighed in on WMT shares. The Goldman Sachs Group raised their price target on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Bank of America raised their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Wolfe Research began coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price for the company. Piper Sandler reissued an “overweight” rating and issued a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Wednesday. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average target price of $112.38.

Walmart Trading Up 0.1%

Shares of WMT opened at $101.86 on Friday. Walmart Inc. has a fifty-two week low of $79.37 and a fifty-two week high of $106.11. The firm 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 firm has a 50 day moving average price of $101.22 and a 200-day moving average price of $97.26. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. As a group, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current 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.