Walmart Inc. $WMT Shares Bought by AMG National Trust Bank

AMG National Trust Bank grew its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 68,889 shares of the retailer’s stock after acquiring an additional 1,631 shares during the period. AMG National Trust Bank’s holdings in Walmart were worth $6,736,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Savoir Faire Capital Management L.P. grew its stake in shares of Walmart by 144.3% during the second quarter. Savoir Faire Capital Management L.P. now owns 40,228 shares of the retailer’s stock valued at $3,933,000 after acquiring an additional 23,759 shares in the last quarter. Creekmur Asset Management LLC grew its stake in shares of Walmart by 69.3% during the second quarter. Creekmur Asset Management LLC now owns 58,316 shares of the retailer’s stock valued at $5,702,000 after acquiring an additional 23,879 shares in the last quarter. Earned Wealth Advisors LLC grew its stake in shares of Walmart by 10.3% during the second quarter. Earned Wealth Advisors LLC now owns 12,654 shares of the retailer’s stock valued at $1,237,000 after acquiring an additional 1,180 shares in the last quarter. Pinnacle Associates Ltd. grew its stake in shares of Walmart by 35.3% during the second quarter. Pinnacle Associates Ltd. now owns 490,939 shares of the retailer’s stock valued at $48,004,000 after acquiring an additional 128,121 shares in the last quarter. Finally, FWG Investments LLC. acquired a new stake in shares of Walmart in the 2nd quarter valued at about $560,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction 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 $451,396,778.96. This trade represents a 0.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 148,838 shares of company stock worth $15,309,020. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WMT shares. Truist Financial cut their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Piper Sandler reissued an “overweight” rating and issued a $111.00 target price on shares of Walmart in a report on Wednesday, September 24th. Guggenheim reissued a “buy” rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Walmart has an average rating of “Moderate Buy” and a consensus price target of $113.40.

Walmart Trading Down 0.1%

Walmart stock opened at $102.33 on Friday. The company has a 50 day moving average price of $102.37 and a 200 day moving average price of $99.07. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. 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 firm has a market capitalization of $815.82 billion, a price-to-earnings ratio of 38.47, a P/E/G ratio of 4.83 and a beta of 0.67.

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