Garrett Wealth Advisory Group LLC Acquires 1,141 Shares of Walmart Inc. $WMT

Garrett Wealth Advisory Group LLC grew its holdings in shares of Walmart Inc. (NYSE:WMT) by 7.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,652 shares of the retailer’s stock after acquiring an additional 1,141 shares during the period. Walmart comprises approximately 0.3% of Garrett Wealth Advisory Group LLC’s holdings, making the stock its 27th largest position. Garrett Wealth Advisory Group LLC’s holdings in Walmart were worth $1,530,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Aviva PLC grew its stake in Walmart by 16.4% during the second quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock valued at $374,861,000 after acquiring an additional 539,504 shares in the last quarter. Weatherly Asset Management L. P. boosted its holdings in shares of Walmart by 7.0% during the 2nd 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 during the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after purchasing an additional 9,831 shares during the last quarter. Ally Financial Inc. purchased a new position in shares of Walmart during the first quarter valued at about $2,107,000. Finally, Night Squared LP bought a new stake in shares of Walmart in the first quarter worth about $1,052,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Down 0.8%

Shares of NYSE:WMT opened at $100.55 on Thursday. Walmart Inc. has a 1 year low of $79.81 and a 1 year 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 firm has a market capitalization of $801.67 billion, a PE ratio of 37.80, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The business has a 50 day simple moving average of $103.40 and a two-hundred day simple moving average of $99.80.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business’s revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on WMT. Bank of America increased their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Guggenheim reaffirmed a “buy” rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Mizuho reiterated an “outperform” rating and set a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Tigress Financial boosted their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Finally, Oppenheimer lifted their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $114.46.

Insider Buying and Selling

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the transaction, the executive vice president directly owned 1,044,455 shares in the company, valued at $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 available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.18, for a total transaction of $222,596.00. Following the sale, the executive vice president directly owned 619,518 shares of the company’s stock, valued at $62,682,831.24. This represents a 0.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 133,888 shares of company stock worth $13,835,383 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Walmart Profile

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.