JB Capital LLC Acquires 2,859 Shares of Walmart Inc. $WMT

JB Capital LLC lifted its position in Walmart Inc. (NYSE:WMT - Free Report) by 1.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 195,806 shares of the retailer's stock after buying an additional 2,859 shares during the period. Walmart makes up about 0.9% of JB Capital LLC's portfolio, making the stock its 22nd largest position. JB Capital LLC's holdings in Walmart were worth $19,146,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. grew its position in shares of Walmart by 1.3% in the 2nd quarter. Blue Trust Inc. now owns 69,653 shares of the retailer's stock worth $6,811,000 after buying an additional 904 shares during the last quarter. Thompson Investment Management Inc. grew its position in shares of Walmart by 59.2% in the 2nd quarter. Thompson Investment Management Inc. now owns 1,186 shares of the retailer's stock worth $116,000 after buying an additional 441 shares during the last quarter. Robertson Stephens Wealth Management LLC grew its position in shares of Walmart by 32.3% in the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 81,938 shares of the retailer's stock worth $8,012,000 after buying an additional 20,022 shares during the last quarter. Endeavor Private Wealth Inc. grew its position in shares of Walmart by 6.1% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 9,881 shares of the retailer's stock worth $966,000 after buying an additional 571 shares during the last quarter. Finally, Brandywine Oak Private Wealth LLC grew its position in shares of Walmart by 7.1% in the 2nd quarter. Brandywine Oak Private Wealth LLC now owns 14,268 shares of the retailer's stock worth $1,395,000 after buying an additional 946 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on WMT shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Walmart in a research report on Wednesday. The Goldman Sachs Group boosted their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Wolfe Research initiated coverage on shares of Walmart in a research report on Thursday, September 18th. They set an "outperform" rating and a $129.00 target price on the stock. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Finally, Evercore ISI reissued an "outperform" rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Thirty investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $112.38.

Walmart Stock Performance

WMT opened at $101.86 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a fifty day moving average price of $101.22 and a 200 day moving average price of $97.18. Walmart Inc. has a 1 year low of $79.37 and a 1 year high of $106.11. The stock has a market cap of $812.10 billion, a P/E ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion for 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 business's revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares of the company's stock, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president directly owned 906,064 shares of the company's stock, valued at $93,995,079.36. This represents a 1.43% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is owned by company insiders.

Walmart 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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