GLOBALT Investments LLC GA Buys 6,474 Shares of Walmart Inc. $WMT

Key Points

• GLOBALT Investments LLC GA increased its stake in Walmart Inc. by 8.2%, acquiring an additional 6,474 shares, bringing its total holdings to 85,349 shares valued at $8,345,000.
• Insider selling activity includes EVP Kathryn J. Mclay selling 4,000 shares at $107.75 each, resulting in a $431,000 transaction, which decreased her share ownership by 0.38%.
• Walmart's stock performance shows a market cap of $851.29 billion and a P/E ratio of 40.14, with recent earnings results indicating a missed EPS estimate of $0.68.

GLOBALT Investments LLC GA boosted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 8.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 85,349 shares of the retailer's stock after buying an additional 6,474 shares during the quarter. GLOBALT Investments LLC GA's holdings in Walmart were worth $8,345,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Lazard Freres Gestion S.A.S. lifted its holdings in shares of Walmart by 10.3% during the second quarter. Lazard Freres Gestion S.A.S. now owns 2,732 shares of the retailer's stock valued at $267,000 after purchasing an additional 255 shares during the last quarter. Opes Wealth Management LLC increased its position in Walmart by 513.4% during the 2nd quarter. Opes Wealth Management LLC now owns 21,058 shares of the retailer's stock valued at $2,059,000 after buying an additional 17,625 shares in the last quarter. Guardian Asset Advisors LLC raised its stake in Walmart by 4.8% during the second quarter. Guardian Asset Advisors LLC now owns 36,269 shares of the retailer's stock valued at $3,546,000 after buying an additional 1,658 shares during the last quarter. Carnegie Investment Counsel boosted its holdings in Walmart by 0.5% in the second quarter. Carnegie Investment Counsel now owns 191,241 shares of the retailer's stock worth $18,700,000 after acquiring an additional 1,031 shares in the last quarter. Finally, Warburton Capital Management LLC grew its stake in shares of Walmart by 10.1% in the second quarter. Warburton Capital Management LLC now owns 5,304 shares of the retailer's stock worth $521,000 after acquiring an additional 488 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares in the company, valued at $112,540,026.25. This represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the transaction, the executive vice president owned 621,718 shares in the company, valued at $62,998,684.94. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 131,622 shares of company stock valued at $13,444,273 in the last quarter. Insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of WMT opened at $106.77 on Friday. The firm has a market capitalization of $851.29 billion, a P/E ratio of 40.14, a PEG ratio of 5.05 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57. The business has a fifty day moving average of $102.04 and a 200 day moving average of $98.44.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same period in the previous year, the business posted $0.67 earnings per share. The company's revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WMT shares. Mizuho reaffirmed an "outperform" rating and issued a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. Guggenheim reaffirmed a "buy" rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a report on Monday, August 18th. UBS Group reiterated a "buy" rating and set a $122.00 price target (up previously from $110.00) on shares of Walmart in a report on Thursday. 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. Finally, Piper Sandler reiterated an "overweight" rating and set a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Thirty-one 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 target price of $113.07.

About Walmart

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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