Wheelhouse Advisory Group LLC Buys 216 Shares of Walmart Inc. $WMT

Wheelhouse Advisory Group LLC raised its holdings in shares of Walmart Inc. (NYSE:WMT) by 4.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,156 shares of the retailer’s stock after purchasing an additional 216 shares during the quarter. Walmart accounts for approximately 0.3% of Wheelhouse Advisory Group LLC’s investment portfolio, making the stock its 29th largest holding. Wheelhouse Advisory Group LLC’s holdings in Walmart were worth $504,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in WMT. Brighton Jones LLC lifted its position 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 purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC lifted 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 purchasing an additional 485 shares during the last quarter. Mainstream Capital Management LLC lifted its position in shares of Walmart by 13.6% during the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after purchasing an additional 1,474 shares during the last quarter. Wedge Capital Management L L P NC lifted its position in shares of Walmart by 2.4% during the first quarter. Wedge Capital Management L L P NC now owns 7,678 shares of the retailer’s stock worth $674,000 after purchasing an additional 177 shares during the last quarter. Finally, Signet Financial Management LLC bought a new stake in shares of Walmart during the first quarter worth $210,000. 26.76% of the stock is currently owned by institutional investors.

Walmart Trading Down 0.3%

Walmart stock opened at $102.90 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 52 week low of $79.37 and a 52 week high of $106.11. The company has a market capitalization of $820.41 billion, a price-to-earnings ratio of 38.68, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67. The stock has a 50-day moving average price of $101.08 and a 200 day moving average price of $96.96.

Walmart (NYSE:WMT) last announced its quarterly 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. The company’s 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 anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Telsey Advisory Group restated an “outperform” rating and set a $118.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Piper Sandler reiterated an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an “outperform” rating in a research note on Friday, August 22nd. Bank of America lifted their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $106.00 target price on shares of Walmart in a research note on Friday, August 22nd. Thirty equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $112.38.

Insider Buying and Selling

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 151,232 shares of company stock valued at $15,083,877. 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.