Continuum Advisory LLC Acquires 273,008 Shares of Walmart Inc. $WMT

Key Points

• Continuum Advisory LLC increased its Walmart stake by 374.7% in the first quarter, buying 273,008 additional shares. The firm now owns 345,876 shares valued at about $42.99 million, making Walmart its largest holding.
• Wall Street remains broadly positive on Walmart, with analysts assigning an average “Moderate Buy” rating and a consensus price target of $138.85. Recent reports from RBC, Truist, Evercore, and Sanford C. Bernstein all reiterated bullish views.
• Walmart’s latest earnings beat revenue expectations, posting $177.75 billion in quarterly revenue versus an expected $174.84 billion, while EPS matched estimates at $0.66. However, insiders have been selling shares, and the stock was recently trading below its 50-day and 200-day averages.

Continuum Advisory LLC increased its holdings in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 374.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 345,876 shares of the retailer's stock after purchasing an additional 273,008 shares during the period. Walmart accounts for about 4.1% of Continuum Advisory LLC's holdings, making the stock its biggest holding. Continuum Advisory LLC's holdings in Walmart were worth $42,985,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Entrust Financial LLC acquired a new stake in shares of Walmart in the fourth quarter valued at about $27,000. Merkkuri Wealth Advisors LLC acquired a new position in Walmart during the 1st quarter worth approximately $29,000. Beacon Financial Strategies CORP acquired a new position in Walmart during the 4th quarter worth approximately $30,000. Bay Harbor Wealth Management LLC boosted its holdings in Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer's stock worth $32,000 after acquiring an additional 105 shares during the period. Finally, Clayton Financial Group LLC boosted its holdings in Walmart by 193.0% in the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer's stock worth $33,000 after acquiring an additional 193 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada reiterated an "outperform" rating and set a $137.00 price objective (down from $140.00) on shares of Walmart in a research note on Friday, May 22nd. Weiss Ratings restated a "buy (b)" rating on shares of Walmart in a research note on Monday, April 20th. Truist Financial set a $140.00 price target on shares of Walmart in a report on Thursday, May 21st. Evercore reaffirmed an "outperform" rating on shares of Walmart in a research note on Monday, May 18th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Walmart in a report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $138.85.

Insider Buying and Selling

In other news, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares of the company's stock, valued at approximately $14,985,527.94. The trade was a 8.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the business's stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the sale, the executive vice president directly owned 120,203 shares of the company's stock, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 100,730 shares of company stock worth $12,444,624. Company insiders own 0.09% of the company's stock.

Walmart Stock Performance

WMT stock opened at $113.26 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The firm has a market cap of $901.33 billion, a P/E ratio of 39.74, a P/E/G ratio of 4.27 and a beta of 0.59. Walmart Inc. has a 12-month low of $94.23 and a 12-month high of $135.15. The stock's 50 day simple moving average is $123.25 and its 200 day simple moving average is $122.22.

Walmart (NASDAQ:WMT - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting analysts' consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the previous year, the company posted $0.61 earnings per share. The firm's revenue was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, equities research analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart said usage of its AI assistant Sparky has doubled, and the tool appears to be helping drive larger digital baskets, which supports the company’s omnichannel growth story. Walmart's Sparky Usage Doubles: Is AI Driving Bigger Orders?
• Positive Sentiment: Walmart+ fuel discounts remain a popular membership perk, highlighting continued engagement with the subscription program and potential support for retention and recurring revenue. Walmart+ Executive Says Fuel Discounts Supercharge Member Engagement
• Positive Sentiment: Walmart is expanding in-house career pathways to train opticians, a move that could ease labor shortages in its Vision Center and Sam’s Club optical businesses while supporting service expansion. Walmart Expands In-House Career Pathways to Train Opticians
• Neutral Sentiment: Walmart is drawing elevated investor attention, but the coverage mainly reflects renewed interest rather than a clear new fundamental driver. Walmart Inc. (WMT) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Recent commentary notes Walmart’s shares are being compared with peers like Costco, underscoring that investors are still debating the best retail valuation and growth mix rather than reacting to a company-specific shock. Walmart vs Costco: This Is The Better Stock To Buy
• Negative Sentiment: One article says Walmart’s valuation remains rich relative to its growth outlook, which may be pressuring the stock as investors question how much upside is left at current levels. Walmart (WMT) Stock Weighs Rich Valuation Against E-Commerce And Store Investment Potential
• Negative Sentiment: The stock also slipped in the latest session despite a broader market uptick, reinforcing near-term selling pressure. Walmart (WMT) Stock Falls Amid Market Uptick: What Investors Need to Know

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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