Canopy Partners LLC Has $3.18 Million Stake in Walmart Inc. $WMT

Canopy Partners LLC raised its holdings in Walmart Inc. (NYSE:WMTFree Report) by 0.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,526 shares of the retailer’s stock after acquiring an additional 153 shares during the period. Walmart comprises about 1.2% of Canopy Partners LLC’s investment portfolio, making the stock its 19th largest holding. Canopy Partners LLC’s holdings in Walmart were worth $3,180,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Weatherly Asset Management L. P. boosted its position in shares of Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after buying an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its position in shares of Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after buying an additional 9,831 shares during the period. Ally Financial Inc. acquired a new position in shares of Walmart during the first quarter worth about $2,107,000. Night Squared LP acquired a new position in shares of Walmart during the first quarter worth about $1,052,000. Finally, Monument Capital Management boosted its position in shares of 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 during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the company’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 sale, the chief executive officer owned 4,373,576 shares in the company, valued at $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the sale, the executive vice president owned 1,048,455 shares in the company, valued at $108,861,082.65. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 151,232 shares of company stock valued at $15,083,877. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

NYSE:WMT opened at $103.12 on Wednesday. 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 stock’s 50 day moving average price is $100.97 and its two-hundred day moving average price is $96.92. The firm has a market capitalization of $822.14 billion, a price-to-earnings ratio of 38.77, a P/E/G ratio of 4.84 and a beta of 0.67. Walmart Inc. has a 12-month low of $79.07 and a 12-month high of $106.11.

Walmart (NYSE:WMTGet Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior 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. On average, analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on WMT shares. Mizuho reaffirmed an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Piper Sandler reaffirmed an “overweight” rating and set a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a report on Saturday, September 27th. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $118.00 target price on shares of Walmart in a report on Wednesday, September 24th. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

Read Our Latest Report 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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