Elwood & Goetz Wealth Advisory Group LLC Makes New $408,000 Investment in Walmart Inc. $WMT

Key Points

• Elwood & Goetz Wealth Advisory Group LLC made a new investment of $408,000 in Walmart, acquiring 4,172 shares of the retailer's stock in the 2nd quarter.
• Walmart's stock currently holds an average analyst rating of "Moderate Buy" with a consensus target price of $112.38, according to 30 analysts.
• Insider transactions included Kathryn J. Mclay and C Douglas Mcmillon selling a total of 23,416 shares, reflecting small decreases in their ownership percentages.

Elwood & Goetz Wealth Advisory Group LLC acquired a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 4,172 shares of the retailer's stock, valued at approximately $408,000.

Several other institutional investors have also added to or reduced their stakes in WMT. Brighton Jones LLC increased its position in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after purchasing an additional 485 shares in the last quarter. Merit Financial Group LLC increased its position in Walmart by 9.6% during the 1st quarter. Merit Financial Group LLC now owns 159,330 shares of the retailer's stock worth $13,988,000 after purchasing an additional 13,895 shares in the last quarter. Smith Anglin Financial LLC increased its holdings in shares of Walmart by 0.5% during the first quarter. Smith Anglin Financial LLC now owns 33,370 shares of the retailer's stock worth $2,930,000 after buying an additional 154 shares in the last quarter. Finally, Whipplewood Advisors LLC increased its holdings in shares of Walmart by 10.1% during the first quarter. Whipplewood Advisors LLC now owns 2,830 shares of the retailer's stock worth $230,000 after buying an additional 260 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on WMT shares. Piper Sandler reaffirmed an "overweight" rating and issued a $111.00 target price on shares of Walmart in a report on Wednesday, September 24th. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Evercore ISI reaffirmed an "outperform" rating and issued a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Guggenheim restated a "buy" rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Truist Financial decreased their price target on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a research report on Friday, August 22nd. Twenty-nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $112.38.

Insider Transactions at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the sale, the executive vice president owned 1,048,455 shares of the company's stock, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer directly owned 4,373,576 shares of the company's stock, valued at $451,396,778.96. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 149,032 shares of company stock valued at $14,860,951. Company insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of WMT stock opened at $103.07 on Wednesday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market cap of $821.76 billion, a price-to-earnings ratio of 38.75, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65. The firm has a 50 day moving average of $100.45 and a 200-day moving average of $96.36. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly 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 company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company'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 business 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. On average, equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

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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