Walmart Inc. $WMT Shares Acquired by Adell Harriman & Carpenter Inc.

Adell Harriman & Carpenter Inc. raised its stake in shares of Walmart Inc. (NYSE:WMT) by 1.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,122 shares of the retailer’s stock after purchasing an additional 1,769 shares during the quarter. Walmart comprises 1.1% of Adell Harriman & Carpenter Inc.’s holdings, making the stock its 27th biggest position. Adell Harriman & Carpenter Inc.’s holdings in Walmart were worth $16,243,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Weatherly Asset Management L. P. lifted its holdings in Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after purchasing an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after buying an additional 9,831 shares in the last quarter. Ally Financial Inc. purchased a new position in shares of Walmart in the first quarter worth about $2,107,000. Night Squared LP acquired a new stake in Walmart during the first quarter worth about $1,052,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its position in 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 during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Ratings Changes

WMT has been the subject of several recent analyst reports. Piper Sandler restated an “overweight” rating and set a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. The Goldman Sachs Group lifted their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Bank of America lifted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Wolfe Research initiated coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target for the company. Finally, BTIG Research initiated coverage on shares of Walmart in a report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price objective for the company. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $113.40.

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the transaction, the executive vice president directly owned 621,718 shares of the company’s stock, valued at $62,998,684.94. The trade was a 0.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,550 shares of Walmart stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total transaction of $166,563.00. Following the completion of the transaction, the executive vice president directly owned 644,418 shares in the company, valued at $69,249,158.28. The trade was a 0.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 151,038 shares of company stock worth $15,525,280. 0.10% of the stock is owned by insiders.

Walmart Stock Down 0.8%

Shares of Walmart stock opened at $102.38 on Thursday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The company has a 50 day moving average of $102.28 and a 200 day moving average of $99.05. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $816.27 billion, a P/E ratio of 38.49, a P/E/G ratio of 4.86 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its quarterly 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 return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the prior year, the firm earned $0.67 EPS. The firm’s revenue 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. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.