340,091 Shares in Walmart Inc. $WMT Purchased by Allworth Financial LP

Key Points

• Allworth Financial LP purchased 340,091 Walmart shares during the second quarter, valued at approximately $38.5 million.
• Walmart exceeded quarterly earnings and revenue expectations, reporting $0.81 EPS and $187.94 billion in revenue, while analysts maintain a “Moderate Buy” consensus with an average price target of $131.88.
• Walmart shares opened at $105.38, down 1%, and remain pressured by slowing comparable-sales growth, premium valuation concerns and recent insider selling.

Allworth Financial LP bought a new stake in Walmart Inc. (NASDAQ:WMT - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 340,091 shares of the retailer's stock, valued at approximately $38,519,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MFA Wealth Services lifted its stake in Walmart by 0.7% in the first quarter. MFA Wealth Services now owns 10,909 shares of the retailer's stock valued at $1,356,000 after purchasing an additional 80 shares during the last quarter. Realta Investment Advisors increased its position in Walmart by 2.0% in the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer's stock worth $508,000 after buying an additional 81 shares during the last quarter. Compton Financial Group LLC raised its stake in shares of Walmart by 4.1% in the first quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer's stock valued at $259,000 after buying an additional 82 shares during the period. Renaissance Group LLC lifted its position in shares of Walmart by 0.9% during the 4th quarter. Renaissance Group LLC now owns 9,636 shares of the retailer's stock valued at $1,074,000 after buying an additional 83 shares during the last quarter. Finally, Calton & Associates Inc. increased its holdings in Walmart by 0.3% in the 4th quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer's stock worth $3,033,000 after acquiring an additional 84 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Activity at Walmart

In related news, EVP Christopher James Nicholas sold 2,900 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $106.34, for a total value of $308,386.00. Following the transaction, the executive vice president directly owned 569,153 shares in the company, valued at approximately $60,523,730.02. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the sale, the director directly owned 4,174,579 shares in the company, valued at $495,230,306.77. This represents a 0.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,064 shares of company stock valued at $6,697,788 in the last ninety days. Insiders own 0.09% of the company's stock.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s Sparky AI shopping assistant reportedly generates 40% higher customer spending among users, while the company is also integrating AI into advertising and exploring technology partnerships with OpenAI and ChatGPT. These efforts could lift conversion, basket sizes and future digital-advertising revenue. Walmart Sparky AI article
• Positive Sentiment: The launch of Scenario, a women’s fashion brand with most products priced below $25, is designed to attract younger, trend-conscious shoppers and strengthen Walmart’s position in apparel. Its value pricing may help the retailer compete more directly with Amazon. Walmart Scenario fashion brand article
• Positive Sentiment: Analysts’ consensus price target of approximately $128 remains well above recent trading levels, suggesting some Wall Street analysts view the selloff as excessive. Walmart also exceeded quarterly EPS and revenue expectations and raised its full-year sales-growth outlook to 4%-5%.
• Neutral Sentiment: Walmart is rolling out NFC tap-to-pay across U.S. stores and clubs, improving checkout convenience and aligning with broader mobile-wallet adoption. The change may support engagement but is unlikely to materially alter near-term earnings. Walmart NFC rollout article
• Negative Sentiment: U.S. comparable sales increased only 2.6%, below the 3.8% consensus estimate and representing Walmart’s slowest comparable-sales growth in six years. Higher gasoline prices and broader economic pressure may be making consumers more cautious, despite the earnings beat. Walmart comparable-sales miss article
• Negative Sentiment: Amazon’s share of U.S. clothing spending doubled to 17% in 2025 from 8.5% in 2019, while Walmart’s share edged lower. The widening gap raises concerns about Walmart’s ability to gain share in an important retail category. Amazon and Walmart clothing-share article
• Negative Sentiment: Commentators argue WMT still trades at a premium valuation—roughly 36 times forward earnings—despite decelerating growth and cautious consumer trends. That leaves less room for disappointment and has amplified the post-earnings decline.

Analyst Upgrades and Downgrades

Several research firms have commented on WMT. Wolfe Research reaffirmed an "outperform" rating and set a $115.00 price objective on shares of Walmart in a report on Friday. Freedom Broker upgraded shares of Walmart from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 20th. Freedom Capital upgraded shares of Walmart from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 20th. Wells Fargo & Company cut their price target on Walmart from $140.00 to $120.00 and set an "overweight" rating for the company in a report on Friday, August 21st. Finally, Mizuho set a $130.00 price objective on Walmart in a research note on Monday, July 27th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $131.88.

Walmart Trading Down 1.0%

Shares of WMT stock opened at $105.38 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a 52-week low of $95.42 and a 52-week high of $135.15. The company has a market capitalization of $838.62 billion, a PE ratio of 38.04, a price-to-earnings-growth ratio of 4.05 and a beta of 0.61. The business's fifty day moving average is $112.75 and its 200 day moving average is $120.93.

Walmart (NASDAQ:WMT - Get Free Report) last announced its earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The business had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. During the same period in the prior year, the company earned $0.68 EPS. The company's quarterly revenue was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, equities research analysts anticipate that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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