Wedmont Private Capital Increases Position in Walmart Inc. $WMT

by · The Cerbat Gem

Wedmont Private Capital boosted its position in Walmart Inc. (NYSE:WMT – Free Report) by 5.1% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 66,786 shares of the retailer’s stock after acquiring an additional 3,245 shares during the period. Wedmont Private Capital’s holdings in Walmart were worth $6,466,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Operose Advisors LLC increased its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the last quarter. Bear Mountain Capital Inc. grew its holdings in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after buying an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its holdings in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares during the period. EQ Wealth Advisors LLC acquired a new position in shares of Walmart during the 1st quarter valued at about $35,000. Finally, Lipe & Dalton lifted its holdings in shares of Walmart by 95.2% during the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer’s stock worth $36,000 after acquiring an additional 200 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on WMT. KeyCorp raised their target price on shares of Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, June 9th. Evercore ISI reiterated an “outperform” rating and issued a $110.00 price target (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Telsey Advisory Group boosted their price objective on shares of Walmart from $115.00 to $118.00 and gave the company an “outperform” rating in a research note on Friday, August 22nd. Guggenheim reaffirmed a “buy” rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, The Goldman Sachs Group lifted their target price on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $111.45.

View Our Latest Stock Analysis on Walmart

Walmart Price Performance

Shares of NYSE WMT opened at $104.07 on Thursday. 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 fifty-two week low of $77.49 and a fifty-two week high of $106.11. The business has a 50 day moving average price of $99.07 and a two-hundred day moving average price of $95.54. The firm has a market cap of $829.73 billion, a PE ratio of 39.12, a price-to-earnings-growth ratio of 4.97 and a beta of 0.65.

Walmart (NYSE:WMT – Get Free Report) last released 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 net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter last year, the company posted $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. Sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $95.58, for a total value of $1,855,781.28. Following the completion of the sale, the chief executive officer owned 4,412,398 shares of the company’s stock, valued at approximately $421,737,000.84. The trade was a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $14,822,719 in the last 90 days. 0.10% of the stock is currently owned by insiders.

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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