Heck Capital Advisors LLC Boosts Stake in Walmart Inc. $WMT

Key Points

• Heck Capital Advisors LLC increased its stake in Walmart by 41.1% during the second quarter, owning 12,677 shares valued at approximately $1.24 million.
• Multiple institutional investors have also significantly increased their holdings in Walmart, with Operose Advisors LLC boosting its position by 319.7% in the first quarter.
• Walmart reported earnings per share (EPS) of $0.68 for the last quarter, missing analyst expectations of $0.74, and has set a Q3 2026 guidance of 0.580-0.600 EPS.

Heck Capital Advisors LLC raised its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 41.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,677 shares of the retailer's stock after acquiring an additional 3,695 shares during the period. Heck Capital Advisors LLC's holdings in Walmart were worth $1,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of WMT. Operose Advisors LLC raised its position in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares in the last quarter. PFS Partners LLC increased its stake in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after acquiring an additional 233 shares during the last quarter. Ridgewood Investments LLC raised its position in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after purchasing an additional 115 shares during the period. Bear Mountain Capital Inc. lifted its stake in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after purchasing an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after purchasing an additional 294 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction that occurred on Friday, September 19th. The shares were 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 represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total transaction of $222,926.00. Following the transaction, the executive vice president directly owned 621,718 shares in the company, valued at approximately $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $15,083,877 over the last quarter. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WMT. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a research report on Saturday, September 27th. Evercore ISI reiterated an "outperform" rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Piper Sandler reaffirmed an "overweight" rating and set a $111.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Finally, Wolfe Research initiated coverage on shares of Walmart in a research report on Thursday, September 18th. They issued an "outperform" rating and a $129.00 price objective on the stock. Thirty investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Walmart presently has an average rating of "Moderate Buy" and a consensus price target of $112.38.

Walmart Price Performance

Walmart stock opened at $102.70 on Tuesday. The stock has a market cap of $818.81 billion, a price-to-earnings ratio of 38.61, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The firm has a 50-day moving average of $100.88 and a two-hundred day moving average of $96.87. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. 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 (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 during the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter in the previous year, the firm posted $0.67 EPS. The firm'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. On average, research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

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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