C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases 4,519 Shares of Walmart Inc. $WMT

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in Walmart Inc. (NYSE:WMT) by 17.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,675 shares of the retailer’s stock after buying an additional 4,519 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Walmart were worth $2,999,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Kingstone Capital Partners Texas LLC boosted its position in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares in the last quarter. Nuveen LLC acquired a new position in Walmart in the first quarter valued at about $2,532,331,000. Goldman Sachs Group Inc. boosted its position in Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after buying an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP boosted its position in Walmart by 527.1% in the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after buying an additional 5,664,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board boosted its position in Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after buying an additional 4,214,661 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of recent analyst reports. UBS Group restated a “buy” rating and issued a $122.00 price target (up from $110.00) on shares of Walmart in a research report on Thursday, October 23rd. Bank of America increased their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. BTIG Research started coverage on shares of Walmart in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price objective on the stock. Oppenheimer increased their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Finally, Royal Bank Of Canada set a $116.00 price objective on shares of Walmart and gave the stock an “outperform” rating in a report on Wednesday. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $113.40.

Walmart Stock Down 1.0%

Shares of NYSE WMT opened at $101.25 on Friday. The firm has a market capitalization of $807.23 billion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The firm’s 50-day moving average is $102.46 and its 200-day moving average is $99.15.

Walmart (NYSE:WMT) last issued its 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 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 period last year, the business posted $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 analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the transaction, the chief executive officer directly owned 4,373,576 shares in the company, valued at $451,396,778.96. This trade represents a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 148,838 shares of company stock worth $15,309,020 over the last quarter. 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.