Belpointe Asset Management LLC Acquires 9,498 Shares of Walmart Inc. $WMT

Key Points

• Belpointe Asset Management LLC increased its stake in Walmart Inc. by 21.3%, acquiring 9,498 shares to bring its total holding to 54,011 shares, valued at approximately $5.28 million.
• Walmart reported $0.68 earnings per share for the quarter, missing analysts' expectations of $0.74, and had a revenue of $169.34 billion, below the consensus estimate of $174.02 billion.
• Wall Street analysts maintain a positive outlook on Walmart, with an average target price of $112.38 and multiple research firms reiterating buy ratings despite recent earnings misses.

Belpointe Asset Management LLC lifted its position in Walmart Inc. (NYSE:WMT - Free Report) by 21.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,011 shares of the retailer's stock after acquiring an additional 9,498 shares during the period. Belpointe Asset Management LLC's holdings in Walmart were worth $5,281,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Bedel Financial Consulting Inc. lifted its stake in Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after buying an additional 102 shares in the last quarter. Scott & Selber Inc. boosted its position in Walmart by 3.7% during the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after acquiring an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC grew its stake in shares of Walmart by 1.4% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock worth $684,000 after acquiring an additional 105 shares in the last quarter. Lauterbach Financial Advisors LLC raised its holdings in shares of Walmart by 1.8% in the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after purchasing an additional 106 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC raised its holdings in shares of Walmart by 1.4% in the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock valued at $685,000 after purchasing an additional 106 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president directly owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. This trade represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the firm's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Performance

NYSE WMT opened at $102.70 on Tuesday. Walmart Inc. has a 52-week low of $78.98 and a 52-week high of $106.11. The stock has a market cap of $818.81 billion, a PE ratio of 38.61, a P/E/G ratio of 4.81 and a beta of 0.67. The firm has a 50-day moving average of $100.88 and a 200-day moving average of $96.87. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates 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 revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on WMT shares. Mizuho reissued an "outperform" rating and set a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. Truist Financial dropped their target price on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. KeyCorp increased their price target on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Walmart in a research report on Saturday, September 27th. Finally, Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Walmart presently has an average rating of "Moderate Buy" and a consensus target price of $112.38.

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.

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