Walmart Inc. $WMT Shares Bought by Summitry LLC

Summitry LLC lifted its stake in shares of Walmart Inc. (NYSE:WMT) by 13.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,467 shares of the retailer’s stock after purchasing an additional 782 shares during the quarter. Summitry LLC’s holdings in Walmart were worth $632,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Access Investment Management LLC acquired a new stake in shares of Walmart in the 2nd quarter worth approximately $26,000. Operose Advisors LLC increased its stake in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after acquiring an additional 243 shares during the period. PFS Partners LLC raised its holdings in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares during the period. Finally, Ridgewood Investments LLC boosted its stake in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Walmart stock opened at $102.43 on Friday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The firm’s 50 day simple moving average is $103.40 and its 200-day simple moving average is $99.72. 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 cap of $816.68 billion, a P/E ratio of 38.51, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter last year, the company posted $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, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the stock an “outperform” rating in a research note on Friday, August 22nd. Evercore ISI reaffirmed an “outperform” rating and set a $111.00 target price (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Piper Sandler reiterated an “overweight” rating and issued a $111.00 price target on shares of Walmart in a research report on Wednesday, September 24th. JPMorgan Chase & Co. upped their price target on shares of Walmart from $127.00 to $128.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Finally, The Goldman Sachs Group lifted their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Thirty-two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $113.50.

Insider Buying and Selling

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This represents a 0.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares of the company’s stock, valued at $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 149,383 shares of company stock valued at $15,365,487. 0.10% of the stock is currently owned by company insiders.

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.