Long Run Wealth Advisors LLC Acquires 591 Shares of Walmart Inc. $WMT

Long Run Wealth Advisors LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 9.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,605 shares of the retailer’s stock after purchasing an additional 591 shares during the period. Long Run Wealth Advisors LLC’s holdings in Walmart were worth $646,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Weatherly Asset Management L. P. grew its holdings in Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after buying an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its position in shares of Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after acquiring an additional 9,831 shares during the period. Ally Financial Inc. bought a new stake in shares of Walmart during the 1st quarter worth $2,107,000. Night Squared LP bought a new stake in shares of Walmart during the 1st quarter worth $1,052,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Walmart by 11.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock worth $698,787,000 after buying an additional 838,689 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Tigress Financial upped their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an “outperform” rating in a report on Friday, August 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 target price on shares of Walmart in a report on Wednesday, September 24th. Finally, Truist Financial lowered their target price on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $113.40.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the transaction, the executive vice president directly owned 892,940 shares of the company’s stock, valued at $96,241,073.20. This represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total transaction of $431,000.00. Following the transaction, the executive vice president directly owned 1,044,455 shares in the company, valued at approximately $112,540,026.25. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 151,038 shares of company stock worth $15,531,616. Corporate insiders own 0.10% of the company’s stock.

Walmart Stock Down 0.8%

Walmart stock opened at $101.47 on Thursday. The firm has a market cap of $809.01 billion, a price-to-earnings ratio of 38.15, a PEG ratio of 4.83 and a beta of 0.67. 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 50 day moving average price of $102.80 and a two-hundred day moving average price of $99.34.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 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 firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the prior year, the company posted $0.67 earnings per share. The company’s revenue for the quarter 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. Equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Company 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.