Walmart Inc. $WMT Shares Acquired by Bingham Private Wealth LLC

Bingham Private Wealth LLC increased its position in shares of Walmart Inc. (NYSE:WMT) by 2.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 15,038 shares of the retailer’s stock after buying an additional 347 shares during the quarter. Walmart accounts for 1.3% of Bingham Private Wealth LLC’s investment portfolio, making the stock its 17th biggest holding. Bingham Private Wealth LLC’s holdings in Walmart were worth $1,470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC lifted its holdings in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares during the last quarter. Nuveen LLC acquired a new position in shares of Walmart in the 1st quarter worth approximately $2,532,331,000. Goldman Sachs Group Inc. raised its holdings in shares of Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP lifted its stake in Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after purchasing an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board boosted its holdings in Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock worth $371,295,000 after buying an additional 4,214,661 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on WMT. Oppenheimer upped 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. JPMorgan Chase & Co. reduced their target price on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Truist Financial dropped their price target on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Wolfe Research assumed coverage on shares of Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Finally, The Goldman Sachs Group raised their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $112.38.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of Walmart stock in a transaction on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the sale, the executive vice president directly owned 645,968 shares of the company’s stock, valued at approximately $66,993,341.28. The trade was a 0.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $15,083,877 over the last quarter. Insiders own 0.10% of the company’s stock.

Walmart Stock Performance

Shares of WMT opened at $103.12 on Wednesday. Walmart Inc. has a 52 week low of $79.07 and a 52 week high of $106.11. 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 company has a market capitalization of $822.14 billion, a PE ratio of 38.77, a PEG ratio of 4.84 and a beta of 0.67. The company’s 50 day moving average price is $100.97 and its 200 day moving average price is $96.92.

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 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 company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same period last year, the business earned $0.67 EPS. The company’s quarterly revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal 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.