Dakota Wealth Management Has $9.86 Million Stock Position in Walmart Inc. $WMT

Key Points

• Dakota Wealth Management has reduced its holdings in Walmart Inc. by 2.7% in the second quarter, owning 100,877 shares valued at approximately $9.86 million.
• Walmart's earnings report indicated an EPS of $0.68, missing analyst estimates of $0.74, while revenue reached $169.34 billion, below the expected $174.02 billion.
• Analysts have revised Walmart's target price upwards, with Goldman Sachs setting a new target of $114.00 and Oppenheimer adjusting theirs to $115.00, maintaining a positive outlook on the stock.

Dakota Wealth Management lowered its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 100,877 shares of the retailer's stock after selling 2,824 shares during the quarter. Dakota Wealth Management's holdings in Walmart were worth $9,864,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Maridea Wealth Management LLC increased its position in Walmart by 141.5% during the second quarter. Maridea Wealth Management LLC now owns 20,346 shares of the retailer's stock worth $1,989,000 after buying an additional 11,922 shares during the last quarter. Kennedy Investment Group lifted its position in shares of Walmart by 6.0% in the second quarter. Kennedy Investment Group now owns 7,475 shares of the retailer's stock worth $731,000 after buying an additional 423 shares during the last quarter. Plancorp LLC boosted its stake in shares of Walmart by 6.2% during the 2nd quarter. Plancorp LLC now owns 64,079 shares of the retailer's stock worth $6,266,000 after acquiring an additional 3,765 shares in the last quarter. Motive Wealth Advisors increased its holdings in shares of Walmart by 14.3% during the 2nd quarter. Motive Wealth Advisors now owns 5,207 shares of the retailer's stock valued at $509,000 after acquiring an additional 653 shares during the last quarter. Finally, Castleview Partners LLC raised its stake in shares of Walmart by 8.8% in the 2nd quarter. Castleview Partners LLC now owns 8,036 shares of the retailer's stock valued at $786,000 after acquiring an additional 652 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Price Performance

Shares of NYSE:WMT opened at $103.03 on Friday. The firm has a market capitalization of $821.41 billion, a PE ratio of 38.73, a PEG ratio of 4.84 and a beta of 0.65. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. The business's 50 day moving average is $99.99 and its 200-day moving average is $95.92.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 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 analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous 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. Sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analyst Weigh In

WMT has been the subject of a number of recent analyst reports. The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Oppenheimer upped their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Evercore ISI reissued an "outperform" rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Tigress Financial upped their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Twenty-nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $112.38.

Insider Activity at Walmart

In related news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares of the company's stock, valued at $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The transaction 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 Walmart stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total value of $1,248,712.50. Following the sale, the executive vice president directly owned 932,313 shares in the company, valued at $88,700,258.82. The trade was a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 131,816 shares of company stock worth $13,073,594 in the last ninety days. Company insiders own 0.10% of the company's stock.

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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