Walmart Inc. $WMT Position Boosted by Augustine Asset Management Inc.

Augustine Asset Management Inc. raised its position in shares of Walmart Inc. (NYSE:WMT) by 5.2% in the second quarter, HoldingsChannel.com reports. The firm owned 15,155 shares of the retailer’s stock after buying an additional 744 shares during the period. Augustine Asset Management Inc.’s holdings in Walmart were worth $1,482,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of WMT. Brighton Jones LLC raised its holdings in shares of Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in 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 purchasing an additional 485 shares during the period. AdvisorNet Financial Inc raised its stake in shares of Walmart by 18.4% in the first quarter. AdvisorNet Financial Inc now owns 27,476 shares of the retailer’s stock valued at $2,412,000 after acquiring an additional 4,272 shares during the last quarter. Doliver Advisors LP raised its position in Walmart by 3.3% in the 1st quarter. Doliver Advisors LP now owns 25,564 shares of the retailer’s stock worth $2,244,000 after purchasing an additional 822 shares during the last quarter. Finally, Legacy Financial Strategies LLC raised its position in Walmart by 232.7% in the 1st quarter. Legacy Financial Strategies LLC now owns 34,636 shares of the retailer’s stock worth $3,041,000 after purchasing an additional 24,226 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.1%

NYSE:WMT opened at $103.14 on Friday. The company has a fifty day moving average of $100.16 and a 200 day moving average of $96.11. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $822.32 billion, a P/E ratio of 38.77, a P/E/G ratio of 4.86 and a beta of 0.65.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion for 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 firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior 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 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WMT has been the subject of several research analyst reports. Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. The Goldman Sachs Group boosted their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 target price on shares of Walmart in a report on Wednesday. JPMorgan Chase & Co. decreased their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Finally, Wolfe Research assumed coverage on shares of Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target for the company. Twenty-nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

Insider Activity

In related news, 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 value of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $15,077,519 over the last ninety days. Company insiders own 0.10% of the company’s stock.

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.