Walmart Inc. $WMT Shares Bought by LifeSteps Financial Inc.

LifeSteps Financial Inc. raised its position in Walmart Inc. (NYSE:WMTFree Report) by 18.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,653 shares of the retailer’s stock after acquiring an additional 1,632 shares during the quarter. Walmart accounts for about 0.7% of LifeSteps Financial Inc.’s investment portfolio, making the stock its 28th largest holding. LifeSteps Financial Inc.’s holdings in Walmart were worth $1,042,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Lansing Street Advisors grew its position in Walmart by 3.9% in the second quarter. Lansing Street Advisors now owns 4,080 shares of the retailer’s stock valued at $399,000 after acquiring an additional 152 shares in the last quarter. Traphagen Investment Advisors LLC grew its position in shares of Walmart by 9.1% during the second quarter. Traphagen Investment Advisors LLC now owns 14,617 shares of the retailer’s stock worth $1,429,000 after buying an additional 1,219 shares in the last quarter. Secured Retirement Advisors LLC grew its position in shares of Walmart by 2.6% during the second quarter. Secured Retirement Advisors LLC now owns 15,722 shares of the retailer’s stock worth $1,537,000 after buying an additional 396 shares in the last quarter. Abel Hall LLC grew its position in shares of Walmart by 7.7% during the second quarter. Abel Hall LLC now owns 4,972 shares of the retailer’s stock worth $486,000 after buying an additional 357 shares in the last quarter. Finally, Proffitt & Goodson Inc. grew its position in shares of Walmart by 2.0% during the second quarter. Proffitt & Goodson Inc. now owns 10,524 shares of the retailer’s stock worth $1,029,000 after buying an additional 210 shares in the last quarter. Institutional investors and hedge funds 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 firm’s stock in a transaction 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 sale, the chief executive officer directly owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the sale, the executive vice president owned 645,968 shares in the company, valued at $66,993,341.28. The trade was a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock valued at $15,083,877 in the last three months. 0.10% of the stock is owned by corporate insiders.

Walmart Stock Performance

WMT stock opened at $102.90 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The stock has a market capitalization of $820.41 billion, a price-to-earnings ratio of 38.68, a PEG ratio of 4.86 and a beta of 0.67. Walmart Inc. has a 1 year low of $79.37 and a 1 year high of $106.11. The stock’s fifty day moving average is $101.08 and its two-hundred day moving average is $96.96.

Walmart (NYSE:WMTGet Free Report) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate 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 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. On average, research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Analysts Set New Price Targets

WMT has been the subject of a number of recent analyst reports. Tigress Financial raised their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Royal Bank Of Canada reissued an “outperform” rating and set a $106.00 price target on shares of Walmart in a research report on Friday, August 22nd. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Telsey Advisory Group reissued an “outperform” rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Finally, JPMorgan Chase & Co. reduced their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Thirty investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

View Our Latest Stock Analysis on Walmart

About Walmart

(Free Report)

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.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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