Farther Finance Advisors LLC Acquires 5,689 Shares of Walmart Inc. $WMT

Key Points

• Farther Finance Advisors LLC increased its stake in Walmart Inc. by 2.5% to $22.98 million, owning 235,000 shares after purchasing an additional 5,689 shares in the second quarter.
• Walmart reported earnings of $0.68 per share for the latest quarter, missing analysts' expectations of $0.74, with quarterly revenues of $169.34 billion, below the anticipated $174.02 billion.
• Analysts have given Walmart an average rating of "Buy" with a target price of $112.03, highlighting positive sentiment despite recent earnings misses.

Farther Finance Advisors LLC increased its stake in Walmart Inc. (NYSE:WMT - Free Report) by 2.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 235,000 shares of the retailer's stock after purchasing an additional 5,689 shares during the period. Farther Finance Advisors LLC's holdings in Walmart were worth $22,978,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Operose Advisors LLC increased its position in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the last quarter. Bear Mountain Capital Inc. increased its position in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after purchasing an additional 294 shares during the last quarter. EQ Wealth Advisors LLC bought a new position in shares of Walmart in the first quarter worth approximately $35,000. Finally, Lipe & Dalton increased its position in shares of Walmart by 95.2% in the first quarter. Lipe & Dalton now owns 410 shares of the retailer's stock worth $36,000 after purchasing an additional 200 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Trading Down 1.2%

NYSE:WMT traded down $1.20 during midday trading on Friday, reaching $102.40. 34,721,159 shares of the stock traded hands, compared to its average volume of 16,094,947. The company has a fifty day moving average of $99.40 and a 200 day moving average of $95.64. Walmart Inc. has a 12 month low of $78.11 and a 12 month high of $106.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The stock has a market capitalization of $816.42 billion, a P/E ratio of 38.50, a PEG ratio of 4.82 and a beta of 0.65.

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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the company earned $0.67 earnings per share. The company's quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the sale, the executive vice president directly owned 623,918 shares in the company, valued at $60,750,895.66. This represents a 0.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of the company's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, the executive vice president owned 645,968 shares of the company's stock, valued at $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 134,107 shares of company stock worth $13,183,727 over the last ninety days. Insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of recent research reports. Oppenheimer increased their price target on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Tigress Financial increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, September 3rd. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an "outperform" rating in a research report on Friday, August 22nd. Bank of America increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, Telsey Advisory Group increased their price target on shares of Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $112.03.

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.