Cliftonlarsonallen Wealth Advisors LLC Grows Position in Walmart Inc. $WMT

Key Points

• Cliftonlarsonallen Wealth Advisors LLC increased its stake in Walmart by **18.3%** in the second quarter, owning **20,548 shares** valued at approximately **$2,009,000** after acquiring an additional **3,175 shares**.
• Walmart's recent quarterly earnings showed **$0.68 earnings per share**, missing analysts' estimates of **$0.74**, with revenue reported at **$169.34 billion**, below expectations of **$174.02 billion**.
• Walmart currently holds a **market capitalization of $814.46 billion** and has received positive ratings from multiple analysts, with a consensus target price of **$112.38** for the stock.

Cliftonlarsonallen Wealth Advisors LLC grew its stake in Walmart Inc. (NYSE:WMT - Free Report) by 18.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,548 shares of the retailer's stock after purchasing an additional 3,175 shares during the period. Cliftonlarsonallen Wealth Advisors LLC's holdings in Walmart were worth $2,009,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Trust Co of Kansas boosted its position in Walmart by 6.3% in the 2nd quarter. Trust Co of Kansas now owns 5,034 shares of the retailer's stock worth $492,000 after purchasing an additional 300 shares in the last quarter. CHURCHILL MANAGEMENT Corp purchased a new stake in Walmart in the 2nd quarter worth approximately $2,997,000. Wiser Wealth Management Inc boosted its position in Walmart by 76.0% in the 2nd quarter. Wiser Wealth Management Inc now owns 5,864 shares of the retailer's stock worth $573,000 after purchasing an additional 2,533 shares in the last quarter. EWA LLC boosted its position in Walmart by 3.9% in the 2nd quarter. EWA LLC now owns 8,866 shares of the retailer's stock worth $867,000 after purchasing an additional 336 shares in the last quarter. Finally, Tanager Wealth Management LLP purchased a new stake in Walmart in the 2nd quarter worth approximately $204,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Up 0.4%

Shares of WMT opened at $102.15 on Friday. Walmart Inc. has a 52-week low of $78.98 and a 52-week high of $106.11. The company has a market capitalization of $814.46 billion, a PE ratio of 38.40, a price-to-earnings-growth ratio of 4.79 and a beta of 0.67. The stock has a fifty day simple moving average of $100.77 and a two-hundred day simple moving average of $96.61. 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 (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 analysts' consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for 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 quarter in the prior year, the company posted $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, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Piper Sandler restated an "overweight" rating and issued a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Guggenheim reiterated a "buy" rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. KeyCorp increased their target price on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. JPMorgan Chase & Co. decreased their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday, August 22nd. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. Thirty research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $112.38.

Insiders Place Their Bets

In related news, CTO Suresh Kumar sold 30,000 shares of the firm's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 value of $1,863,353.52. Following the transaction, the chief executive officer 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 disclosure for this sale can be found here. In the last quarter, insiders have sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is owned by company insiders.

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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