Spinnaker Trust Acquires 388 Shares of Walmart Inc. $WMT

Spinnaker Trust increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 0.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,455 shares of the retailer’s stock after purchasing an additional 388 shares during the quarter. Spinnaker Trust’s holdings in Walmart were worth $7,476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Weatherly Asset Management L. P. grew its position in shares of Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after purchasing an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its position in shares of Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after purchasing an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new stake in shares of Walmart during the first quarter worth about $2,107,000. Night Squared LP purchased a new stake in shares of Walmart during the first quarter worth about $1,052,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Walmart by 11.8% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock worth $698,787,000 after purchasing an additional 838,689 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the transaction, the chief executive officer owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 151,038 shares of company stock worth $15,525,280 in the last 90 days. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of Walmart stock opened at $102.38 on Thursday. The stock has a market cap of $816.27 billion, a price-to-earnings ratio of 38.49, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67. 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 stock has a 50 day moving average price of $102.28 and a 200-day moving average price of $99.05. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm 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.

Analyst Ratings Changes

WMT has been the subject of several research analyst reports. The Goldman Sachs Group increased their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Evercore ISI restated an “outperform” rating and set a $111.00 price target (up previously from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Oppenheimer raised 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. Wolfe Research assumed coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target for the company. Finally, Bank of America raised 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. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $113.40.

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.