Evolve Private Wealth LLC Acquires Shares of 52,478 Walmart Inc. $WMT

Evolve Private Wealth LLC acquired a new position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 52,478 shares of the retailer's stock, valued at approximately $5,944,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Entrust Financial LLC acquired a new stake in shares of Walmart during the fourth quarter worth $27,000. Merkkuri Wealth Advisors LLC purchased a new position in Walmart in the 1st quarter valued at $29,000. Bay Harbor Wealth Management LLC increased its stake in Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer's stock valued at $32,000 after buying an additional 105 shares during the period. Sankala Group LLC acquired a new position in Walmart in the 4th quarter valued at $33,000. Finally, Motiv8 Investments LLC purchased a new position in Walmart during the 4th quarter worth $34,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Performance

NASDAQ WMT opened at $104.34 on Thursday. The business has a 50 day moving average price of $112.47 and a 200 day moving average price of $120.78. The company has a market capitalization of $830.35 billion, a P/E ratio of 37.67, a PEG ratio of 4.00 and a beta of 0.61. Walmart Inc. has a 1-year low of $95.60 and a 1-year high of $135.15. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23.

Walmart (NASDAQ:WMT - Get Free Report) last posted its earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.07. The company had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. Walmart had a return on equity of 21.83% and a net margin of 3.00%.Walmart's quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Sell-side analysts expect that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Insider Transactions at Walmart

In related news, EVP David W. Guggina sold 11,978 shares of the 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 sale, the executive vice president directly owned 125,067 shares of the company's stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of the firm's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total transaction of $413,891.00. Following the transaction, the executive vice president owned 630,009 shares of the company's stock, valued at $69,074,186.76. This trade represents a 0.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 26,648 shares of company stock valued at $3,085,798 in the last 90 days. 0.09% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

WMT has been the subject of several recent analyst reports. Raymond James Financial restated an "outperform" rating and issued a $130.00 target price on shares of Walmart in a research note on Friday, August 21st. Cantor Fitzgerald upgraded shares of Walmart to a "buy" rating in a research note on Friday, August 21st. Citigroup cut their price target on shares of Walmart from $147.00 to $132.00 and set a "buy" rating for the company in a report on Friday, August 21st. Oppenheimer restated a "market perform" rating on shares of Walmart in a research report on Tuesday. Finally, Wolfe Research reaffirmed an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a report on Friday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $131.88.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Analysts continue to project upside for WMT, with reports citing consensus price targets of $138.50 and $128.43—well above recent trading levels. Large call-option purchases also suggest some traders are positioning for a rebound. Walmart consensus price target Walmart call options activity
• Positive Sentiment: Walmart’s digital sales, automation and AI initiatives remain key parts of the growth story. Its Sparky shopping assistant has reportedly produced customer baskets about 40% larger than those of customers shopping without the tool, while Walmart is also exploring advertising and technology opportunities with OpenAI and ChatGPT. Walmart Sparky AI assistant
• Positive Sentiment: The new Scenario women’s fashion brand, with most items priced below $25, could help Walmart attract younger shoppers and expand its apparel business. The company is also increasing rapid-delivery capabilities through Flipkart in India. Walmart launches Scenario fashion brand
• Neutral Sentiment: Investors are comparing Walmart’s digital and business-mix expansion with MercadoLibre’s broader ecosystem growth, highlighting Walmart’s improving online opportunity but also the high expectations embedded in its valuation. Walmart versus MercadoLibre growth comparison
• Negative Sentiment: Walmart’s U.S. comparable sales rose 2.6%, below the 3.8% analyst estimate and representing the company’s slowest comparable-sales growth in roughly six years. Higher gasoline prices and broader economic pressure may be making consumers more cautious. Walmart comparable-sales miss
• Negative Sentiment: Valuation remains a concern after Walmart’s substantial five-year gain. Analysts note that the stock trades at a premium relative to peers despite slower store-sales momentum, while Amazon continues to take share of U.S. clothing spending from Walmart. Walmart valuation concerns Amazon clothing share versus Walmart

Walmart Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source