Creekmur Asset Management LLC Grows Stock Holdings in Walmart Inc. $WMT

Creekmur Asset Management LLC grew its holdings in shares of Walmart Inc. (NYSE:WMT) by 69.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,316 shares of the retailer’s stock after buying an additional 23,879 shares during the quarter. Walmart accounts for 1.0% of Creekmur Asset Management LLC’s portfolio, making the stock its 19th largest position. Creekmur Asset Management LLC’s holdings in Walmart were worth $5,702,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WMT. Kingstone Capital Partners Texas LLC grew its stake in Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the period. Nuveen LLC purchased a new stake in Walmart during the first quarter worth approximately $2,532,331,000. Goldman Sachs Group Inc. grew its stake in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after buying an additional 7,706,201 shares during the period. Wellington Management Group LLP grew 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 worth $591,620,000 after buying an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board grew its stake 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 during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on WMT shares. Telsey Advisory Group restated an “outperform” rating and issued a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. BTIG Research started coverage on shares of Walmart in a research report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price objective for the company. Evercore ISI reissued an “outperform” rating and issued a $111.00 price objective (up from $110.00) on shares of Walmart in a research report on Tuesday, October 21st. Truist Financial decreased their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Finally, Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an “outperform” rating in a research report on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $113.40.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total transaction of $222,926.00. Following the sale, the executive vice president owned 621,718 shares in the company, valued at $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the sale, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This trade represents a 0.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 148,838 shares of company stock valued at $15,309,020 in the last ninety days. 0.10% of the stock is owned by insiders.

Walmart Trading Down 0.1%

NYSE WMT opened at $102.33 on Friday. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company has a market capitalization of $815.82 billion, a price-to-earnings ratio of 38.47, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company’s fifty day moving average price is $102.37 and its two-hundred day moving average price is $99.07.

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 company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter last year, the company earned $0.67 earnings per share. The company’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 predict that Walmart Inc. will post 2.55 earnings per share 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.