14,325 Shares in Walmart Inc. $WMT Bought by Woodard & Co. Asset Management Group Inc. ADV

Key Points

• Woodard & Co. Asset Management Group Inc. ADV purchased 14,325 shares of Walmart Inc., valued at approximately $1.4 million, during the second quarter.
• Institutional investors collectively own 26.76% of Walmart's stock, with significant increases in holdings from companies such as Kingstone Capital Partners and Goldman Sachs.
• Walmart reported earnings per share of $0.68 for the last quarter, missing expectations, and set guidance for Q3 2026 at 0.580-0.600 EPS.

Woodard & Co. Asset Management Group Inc. ADV bought a new position in Walmart Inc. (NYSE:WMT - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 14,325 shares of the retailer's stock, valued at approximately $1,401,000.

Several other institutional investors have also recently bought and sold shares of WMT. Kingstone Capital Partners Texas LLC increased its holdings in shares of Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Nuveen LLC bought a new position in shares of Walmart during the 1st quarter worth about $2,532,331,000. Goldman Sachs Group Inc. increased its holdings in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares during the period. Wellington Management Group LLP increased its holdings in shares of Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer's stock worth $591,620,000 after purchasing an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board increased its holdings in shares of Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer's stock worth $371,295,000 after purchasing an additional 4,214,661 shares during the period. Institutional investors own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the sale, the executive vice president directly owned 892,940 shares in the company, valued at $96,241,073.20. This trade represents a 1.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,038 shares of company stock valued at $15,249,614 over the last three months. Insiders own 0.10% of the company's stock.

Walmart Price Performance

Shares of Walmart stock opened at $107.80 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $859.50 billion, a price-to-earnings ratio of 40.53, a P/E/G ratio of 5.02 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The firm's 50-day moving average price is $101.69 and its two-hundred day moving average price is $97.86.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart's quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.67 earnings per share. 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 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WMT has been the topic of several research reports. Bank of America boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Royal Bank Of Canada reissued an "outperform" rating and issued a $106.00 target price on shares of Walmart in a research note on Friday, August 22nd. Evercore ISI reissued an "outperform" rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Telsey Advisory Group reissued an "outperform" rating and issued a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Finally, Oppenheimer upped their target price on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.63.

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.

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