Advance Capital Management Inc. Increases Stake in Walmart Inc. $WMT

Advance Capital Management Inc. boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,726 shares of the retailer’s stock after buying an additional 271 shares during the quarter. Advance Capital Management Inc.’s holdings in Walmart were worth $951,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its holdings in Walmart by 28.8% during 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 period. Revolve Wealth Partners LLC grew its position in shares of Walmart by 5.8% during the fourth 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. Highview Capital Management LLC DE grew its position in shares of Walmart by 4.9% during the fourth quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer’s stock worth $3,338,000 after buying an additional 1,720 shares in the last quarter. Tang Capital Management LLC increased its stake in shares of Walmart by 36.9% during the fourth quarter. Tang Capital Management LLC now owns 17,423 shares of the retailer’s stock worth $1,574,000 after buying an additional 4,698 shares during the period. Finally, Strive Asset Management LLC acquired a new stake in Walmart in the fourth quarter valued at approximately $866,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of WMT opened at $103.48 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm has a market cap of $825.03 billion, a PE ratio of 38.90, a price-to-earnings-growth ratio of 4.97 and a beta of 0.65. The company’s 50 day simple moving average is $98.71 and its 200-day simple moving average is $95.39. Walmart Inc. has a 12-month low of $77.49 and a 12-month high of $105.30.

Walmart (NYSE:WMT) last released its quarterly 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). The business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the company 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 analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Daniel J. Bartlett sold 1,655 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $100.38, for a total transaction of $166,128.90. Following the transaction, the executive vice president directly owned 647,578 shares in the company, valued at $65,003,879.64. The trade was a 0.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the transaction, the executive vice president owned 919,189 shares of the company’s stock, valued at $90,586,075.95. The trade was a 1.41% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 119,622 shares of company stock valued at $11,551,646. 0.10% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have commented on WMT. Mizuho reiterated an “outperform” rating and set a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. KeyCorp increased their target price on Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, June 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. JPMorgan Chase & Co. dropped their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Finally, Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $110.76.

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.