3,581 Shares in Walmart Inc. $WMT Bought by SwitchPoint Financial Planning LLC

SwitchPoint Financial Planning LLC acquired a new position in shares of Walmart Inc. (NYSE:WMT) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,581 shares of the retailer’s stock, valued at approximately $350,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Austin Private Wealth LLC raised its holdings in shares of Walmart by 32.1% during the second quarter. Austin Private Wealth LLC now owns 25,848 shares of the retailer’s stock worth $2,527,000 after acquiring an additional 6,287 shares in the last quarter. Providence First Trust Co raised its holdings in shares of Walmart by 1.0% during the second quarter. Providence First Trust Co now owns 20,798 shares of the retailer’s stock worth $2,034,000 after acquiring an additional 204 shares in the last quarter. Zhang Financial LLC raised its holdings in shares of Walmart by 1.6% during the second quarter. Zhang Financial LLC now owns 27,803 shares of the retailer’s stock worth $2,719,000 after acquiring an additional 427 shares in the last quarter. Fairfield Financial Advisors LTD raised its holdings in shares of Walmart by 16.7% during the second quarter. Fairfield Financial Advisors LTD now owns 34,210 shares of the retailer’s stock worth $3,345,000 after acquiring an additional 4,899 shares in the last quarter. Finally, New York Life Investment Management LLC raised its holdings in shares of Walmart by 1.3% during the second quarter. New York Life Investment Management LLC now owns 588,012 shares of the retailer’s stock worth $57,496,000 after acquiring an additional 7,718 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Trading Down 1.1%

Shares of NYSE:WMT opened at $103.28 on Wednesday. The company has a market cap of $823.44 billion, a P/E ratio of 38.83, a P/E/G ratio of 4.92 and a beta of 0.67. The stock’s 50-day moving average is $102.28 and its 200-day moving average is $98.98. 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.

Walmart (NYSE:WMT) last issued its quarterly earnings results 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 analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period 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. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,550 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total value of $166,563.00. Following the sale, the executive vice president directly owned 644,418 shares of the company’s stock, valued at approximately $69,249,158.28. This trade represents a 0.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the sale, the executive vice president directly owned 892,940 shares in the company, valued at approximately $96,241,073.20. This represents a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 151,038 shares of company stock valued at $15,525,280 in the last quarter. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on WMT shares. Piper Sandler reiterated an “overweight” rating and set a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Telsey Advisory Group restated an “outperform” rating and set a $118.00 target price on shares of Walmart in a report on Wednesday, September 24th. DA Davidson set a $117.00 target price on Walmart in a report on Wednesday, October 15th. Finally, Evercore ISI restated an “outperform” rating and set a $111.00 target price (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $113.07.

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.