Chicago Partners Investment Group LLC Acquires 5,076 Shares of Walmart Inc. $WMT

Key Points

• Chicago Partners Investment Group LLC increased its stake in Walmart Inc. by 9.9% during the second quarter, owning 56,512 shares valued at approximately $5.4 million.
• Walmart reported $0.68 earnings per share in its latest quarterly earnings, missing expectations by $0.06, while revenue for the quarter was $169.34 billion, below the consensus estimate.
• Several analysts have recently given Walmart "buy" ratings, with target prices as high as $129.00, indicating strong confidence in the company's future performance.

Chicago Partners Investment Group LLC lifted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 9.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,512 shares of the retailer's stock after acquiring an additional 5,076 shares during the period. Chicago Partners Investment Group LLC's holdings in Walmart were worth $5,407,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Operose Advisors LLC raised its position in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC raised its position in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after purchasing an additional 233 shares during the period. Ridgewood Investments LLC raised its position in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after purchasing an additional 115 shares during the period. Bear Mountain Capital Inc. raised its position in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in 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 purchasing an additional 294 shares during the period. Institutional investors own 26.76% of the company's stock.

Walmart Price Performance

NYSE WMT opened at $107.80 on Monday. 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 firm's 50 day moving average price is $101.69 and its 200-day moving average price is $98.00. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The company has a market cap of $859.50 billion, a PE ratio of 40.53, a P/E/G ratio of 5.08 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last released 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business 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 business posted $0.67 earnings per share. Walmart's revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on WMT shares. Guggenheim reissued 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. Bank of America raised their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. Wolfe Research started coverage on shares of Walmart in a research report on Thursday, September 18th. They set an "outperform" rating and a $129.00 target price on the stock. Finally, The Goldman Sachs Group raised their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $112.63.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the transaction, the chief executive officer directly owned 4,412,398 shares in the company, valued at approximately $421,737,000.84. 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 accessible through this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the transaction, the executive vice president owned 623,918 shares in the company, valued at approximately $60,750,895.66. This represents 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 147,038 shares of company stock valued at $14,869,054. 0.10% of the stock is currently owned by corporate insiders.

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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