Resonant Capital Advisors LLC Has $1.68 Million Position in Walmart Inc. $WMT

Resonant Capital Advisors LLC boosted its stake in shares of Walmart Inc. (NYSE:WMT) by 33.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,225 shares of the retailer’s stock after purchasing an additional 4,282 shares during the period. Resonant Capital Advisors LLC’s holdings in Walmart were worth $1,684,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC boosted its stake in shares of Walmart by 8.0% during the 2nd quarter. Wealthfront Advisers LLC now owns 556,694 shares of the retailer’s stock valued at $54,434,000 after buying an additional 41,313 shares during the period. Prudent Man Advisors LLC raised its holdings in shares of Walmart by 54.9% during the second quarter. Prudent Man Advisors LLC now owns 23,040 shares of the retailer’s stock worth $2,253,000 after acquiring an additional 8,163 shares in the last quarter. Conservest Capital Advisors Inc. raised its holdings in shares of Walmart by 3.6% during the second quarter. Conservest Capital Advisors Inc. now owns 4,341 shares of the retailer’s stock worth $424,000 after acquiring an additional 150 shares in the last quarter. Interchange Capital Partners LLC raised its stake in shares of Walmart by 9.8% during the 2nd quarter. Interchange Capital Partners LLC now owns 7,928 shares of the retailer’s stock worth $775,000 after purchasing an additional 705 shares in the last quarter. Finally, Stegent Equity Advisors Inc. acquired a new stake in shares of Walmart during the 2nd quarter valued at about $492,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the sale, the executive vice president directly owned 1,044,455 shares in the company, valued at $112,540,026.25. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the transaction, the executive vice president owned 892,940 shares in the company, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 151,038 shares of company stock valued at $15,525,280 in the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Walmart Trading Down 0.6%

Walmart stock opened at $106.22 on Friday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm has a market capitalization of $846.91 billion, a PE ratio of 39.93, a PEG ratio of 5.00 and a beta of 0.67. The business’s 50-day simple moving average is $102.17 and its 200-day simple moving average is $98.73.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business 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%. Walmart’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous 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. Equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on WMT. DA Davidson set a $117.00 price objective on shares of Walmart in a research report on Wednesday, October 15th. Wolfe Research began coverage on shares of Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target on the stock. Evercore ISI reiterated an “outperform” rating and issued a $111.00 price objective (up from $110.00) on shares of Walmart in a report on Tuesday. Mizuho reissued an “outperform” rating and set a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Finally, Truist Financial reduced their price target on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and an average price target of $113.07.

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.