Ashton Thomas Private Wealth LLC Buys 8,191 Shares of Walmart Inc. $WMT

Key Points

• Ashton Thomas Private Wealth LLC has increased its Walmart shares by 11.2% in Q1, holding 81,456 shares valued at $7.17 million.
• Walmart's recent quarterly earnings report revealed an EPS of $0.68, falling short of estimates of $0.74, and a revenue of $169.34 billion, below analyst expectations.
• Several analysts have set a consensus price target of $110.76 for Walmart, with a majority rating it as a "Buy".

Ashton Thomas Private Wealth LLC grew its position in Walmart Inc. (NYSE:WMT - Free Report) by 11.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 81,456 shares of the retailer's stock after buying an additional 8,191 shares during the period. Ashton Thomas Private Wealth LLC's holdings in Walmart were worth $7,169,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Night Squared LP purchased a new position in shares of Walmart during the first quarter valued at approximately $1,052,000. Monument Capital Management raised its holdings in shares of Walmart by 94.2% during the first quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after purchasing an additional 26,685 shares during the last quarter. Ally Financial Inc. purchased a new position in shares of Walmart during the first quarter valued at approximately $2,107,000. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Walmart by 34.6% during the first 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. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Walmart by 11.8% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer's stock valued at $698,787,000 after purchasing an additional 838,689 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Price Performance

Shares of NYSE WMT traded up $1.75 during midday trading on Monday, reaching $102.26. The stock had a trading volume of 13,673,692 shares, compared to its average volume of 17,959,946. The stock has a 50-day moving average of $98.38 and a 200-day moving average of $95.22. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market capitalization of $815.33 billion, a price-to-earnings ratio of 38.44, a price-to-earnings-growth ratio of 4.83 and a beta of 0.65. Walmart Inc. has a 12-month low of $76.49 and a 12-month high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The firm 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% on a year-over-year basis. 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. As a group, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the sale, the executive vice president directly owned 1,052,455 shares of the company's stock, valued at $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the completion of the sale, the executive vice president directly owned 919,189 shares of the company's stock, valued at approximately $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 121,382 shares of company stock valued at $11,718,441. Company insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Oppenheimer boosted their target price on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Robert W. Baird boosted their target price on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. DA Davidson restated a "buy" rating and set a $117.00 target price on shares of Walmart in a research report on Friday, May 16th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $110.76.

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.