Apollon Financial LLC Buys 4,077 Shares of Walmart Inc. $WMT

Apollon Financial LLC increased its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 13.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,966 shares of the retailer's stock after acquiring an additional 4,077 shares during the quarter. Apollon Financial LLC's holdings in Walmart were worth $3,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Apollon Wealth Management LLC grew its position in Walmart by 4.6% during the 2nd quarter. Apollon Wealth Management LLC now owns 336,933 shares of the retailer's stock worth $32,945,000 after acquiring an additional 14,885 shares during the last quarter. Keener Financial Planning LLC grew its position in Walmart by 1,377.0% during the 2nd quarter. Keener Financial Planning LLC now owns 4,505 shares of the retailer's stock worth $440,000 after acquiring an additional 4,200 shares during the last quarter. Hemington Wealth Management grew its position in Walmart by 3.2% during the 2nd quarter. Hemington Wealth Management now owns 5,596 shares of the retailer's stock worth $547,000 after acquiring an additional 173 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in Walmart by 4.7% during the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 166,421 shares of the retailer's stock worth $16,273,000 after acquiring an additional 7,439 shares during the last quarter. Finally, One Degree Advisors Inc bought a new position in Walmart during the 2nd quarter worth approximately $261,000. 26.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on WMT shares. Telsey Advisory Group restated an "outperform" rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Truist Financial cut their price objective on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Weiss Ratings reiterated a "buy (b)" rating on shares of Walmart in a research report on Wednesday. Bank of America lifted their price objective on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. Finally, Guggenheim reiterated a "buy" rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Thirty investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $112.38.

Insider Activity at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the completion of the transaction, the executive vice president owned 621,718 shares in the company, valued at approximately $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the transaction, the chief executive officer owned 4,373,576 shares of the company's stock, valued at $451,396,778.96. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock valued at $15,083,877 over the last ninety days. Insiders own 0.10% of the company's stock.

Walmart Trading Up 0.1%

NYSE WMT opened at $101.86 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a twelve month low of $79.37 and a twelve month high of $106.11. The firm has a market capitalization of $812.10 billion, a PE ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67. The stock's 50 day moving average is $101.22 and its 200 day moving average is $97.26.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the firm earned $0.67 earnings per share. The company's revenue for the quarter 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. Research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Company 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.

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