Soltis Investment Advisors LLC Buys 7,274 Shares of Walmart Inc. $WMT

Soltis Investment Advisors LLC raised its holdings in shares of Walmart Inc. (NYSE:WMT) by 58.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,802 shares of the retailer’s stock after purchasing an additional 7,274 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Walmart were worth $1,936,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of WMT. Brighton Jones LLC grew its holdings in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after purchasing an additional 485 shares in the last quarter. Banque Pictet & Cie SA grew its position in shares of Walmart by 110.1% during the 1st quarter. Banque Pictet & Cie SA now owns 25,840 shares of the retailer’s stock worth $2,268,000 after purchasing an additional 13,544 shares in the last quarter. MainStreet Investment Advisors LLC increased its holdings in shares of Walmart by 3.4% during the first quarter. MainStreet Investment Advisors LLC now owns 50,173 shares of the retailer’s stock worth $4,405,000 after purchasing an additional 1,651 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of Walmart by 15.8% during the first quarter. Allworth Financial LP now owns 250,697 shares of the retailer’s stock worth $24,027,000 after purchasing an additional 34,203 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Up 0.0%

Shares of NYSE:WMT opened at $101.51 on Friday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The company has a market capitalization of $809.32 billion, a PE ratio of 38.16, a price-to-earnings-growth ratio of 4.83 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 company has a fifty day moving average of $102.91 and a 200-day moving average of $99.36.

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). The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the company earned $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. On average, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $107.75, for a total transaction of $431,000.00. Following the sale, the executive vice president directly owned 1,044,455 shares of the company’s stock, valued at $112,540,026.25. The trade was a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total value of $2,081,006.88. Following the transaction, the chief executive officer directly owned 4,354,162 shares of the company’s stock, valued at approximately $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 151,038 shares of company stock worth $15,531,616 over the last quarter. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the subject of several recent research reports. Oppenheimer boosted their price target on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. UBS Group reissued a “buy” rating and set a $122.00 target price (up from $110.00) on shares of Walmart in a report on Thursday, October 23rd. BTIG Research initiated coverage on Walmart in a research report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price target on the stock. The Goldman Sachs Group upped their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Finally, Evercore ISI reiterated an “outperform” rating and set a $111.00 price objective (up from $110.00) on shares of Walmart in a research note on Tuesday, October 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.40.

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.