3,779 Shares in Walmart Inc. $WMT Bought by Centerline Wealth Advisors LLC

Key Points

• Centerline Wealth Advisors LLC acquired 3,779 shares of Walmart Inc. in Q2, valued at approximately $370,000.
• In recent insider trading, Walmart's CEO sold over 19,000 shares for about $1.86 million, resulting in a small decrease in his ownership of the company.
• The stock has received mostly positive ratings from analysts, with an average target price of $112.38 and 29 out of 30 analysts rating it as a "Buy."

Centerline Wealth Advisors LLC acquired a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,779 shares of the retailer's stock, valued at approximately $370,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WMT. Operose Advisors LLC increased its position in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after buying an additional 243 shares during the period. Ridgewood Investments LLC boosted its position in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after acquiring an additional 115 shares during the last quarter. Bear Mountain Capital Inc. grew its holdings in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after acquiring an additional 294 shares in the last quarter. Finally, EQ Wealth Advisors LLC acquired a new position in shares of Walmart in the 1st quarter valued at about $35,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at $421,594,770.45. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the sale, the executive vice president directly owned 623,918 shares of the company's stock, valued at $60,750,895.66. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 131,816 shares of company stock worth $13,073,594. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

WMT has been the subject of several recent analyst reports. Mizuho reaffirmed an "outperform" rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Truist Financial dropped their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Evercore ISI restated an "outperform" rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Bank of America lifted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. Finally, Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $112.38.

Walmart Stock Up 0.2%

Shares of NYSE WMT opened at $102.71 on Thursday. 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 50-day moving average price of $99.84 and a 200-day moving average price of $95.81. The stock has a market capitalization of $818.88 billion, a P/E ratio of 38.61, a P/E/G ratio of 4.83 and a beta of 0.65. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $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 research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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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