Jackson Wealth Management LLC Has $1.48 Million Holdings in Walmart Inc. $WMT

Jackson Wealth Management LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,088 shares of the retailer’s stock after selling 212 shares during the quarter. Jackson Wealth Management LLC’s holdings in Walmart were worth $1,475,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Curran Financial Partners LLC boosted its position in Walmart by 7.8% during the 2nd quarter. Curran Financial Partners LLC now owns 4,857 shares of the retailer’s stock worth $475,000 after acquiring an additional 353 shares during the period. Stock Yards Bank & Trust Co. boosted its position in Walmart by 0.3% during the 2nd quarter. Stock Yards Bank & Trust Co. now owns 86,785 shares of the retailer’s stock worth $8,486,000 after acquiring an additional 219 shares during the period. Ascent Group LLC boosted its position in Walmart by 1.6% during the 2nd quarter. Ascent Group LLC now owns 143,258 shares of the retailer’s stock worth $14,008,000 after acquiring an additional 2,191 shares during the period. Creative Capital Management Investments LLC boosted its position in Walmart by 7.4% during the 2nd quarter. Creative Capital Management Investments LLC now owns 2,643 shares of the retailer’s stock worth $258,000 after acquiring an additional 183 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Walmart by 18.3% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 226,945 shares of the retailer’s stock worth $22,191,000 after acquiring an additional 35,143 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on WMT. Bank of America lifted their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. JPMorgan Chase & Co. reduced their price target on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Evercore ISI reiterated an “outperform” rating and set a $110.00 price target (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Oppenheimer lifted their price target on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Finally, Tigress Financial lifted their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Thirty equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $112.38.

Walmart Stock Up 0.4%

WMT opened at $102.15 on Friday. 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 business has a 50 day moving average price of $100.77 and a 200 day moving average price of $96.68. The firm has a market cap of $814.46 billion, a P/E ratio of 38.40, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 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 return on equity of 21.45% and a net margin of 3.08%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total value of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. The trade was a 0.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total value of $1,248,712.50. Following the completion of the transaction, the executive vice president directly owned 932,313 shares in the company, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 151,232 shares of company stock valued at $15,083,877. Corporate insiders own 0.10% of the company’s stock.

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.