Jupiter Wealth Management LLC Has $872,000 Stock Holdings in Walmart Inc. $WMT

Key Points

• Jupiter Wealth Management LLC reduced its stake in Walmart Inc. by 20.4%, ending the quarter with a holding valued at $872,000 after selling 2,550 shares.
• Walmart's latest earnings report showed an EPS of $0.68, missing analysts' estimates, with revenue at $169.34 billion for the quarter, which is 4.8% higher year-over-year.
• Analysts maintain a consensus "Strong Buy" rating for Walmart, with a current average price target of $110.76 per share.

Jupiter Wealth Management LLC lessened its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 20.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,932 shares of the retailer's stock after selling 2,550 shares during the period. Jupiter Wealth Management LLC's holdings in Walmart were worth $872,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Operose Advisors LLC increased its position in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after acquiring an additional 243 shares during the period. Bear Mountain Capital Inc. increased its position in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its position in Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after acquiring an additional 294 shares during the period. EQ Wealth Advisors LLC bought a new position in Walmart during the first quarter worth about $35,000. Finally, Lipe & Dalton increased its position in Walmart by 95.2% during the first quarter. Lipe & Dalton now owns 410 shares of the retailer's stock worth $36,000 after acquiring an additional 200 shares during the period. Institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In related news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $98.55, for a total value of $1,293,468.75. Following the sale, the executive vice president directly owned 919,189 shares of the company's stock, valued at $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,655 shares of the firm's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $100.38, for a total value of $166,128.90. Following the completion of the sale, the executive vice president directly owned 647,578 shares in the company, valued at $65,003,879.64. This trade 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 121,382 shares of company stock valued at $11,718,441 over the last ninety days. 0.10% of the stock is owned by insiders.

Analysts Set New Price Targets

WMT has been the topic of several analyst reports. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Oppenheimer increased their target price on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. Royal Bank Of Canada reissued an "outperform" rating and set a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Truist Financial reduced their target price on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. Finally, Evercore ISI reissued an "outperform" rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $110.76.

Walmart Price Performance

NYSE:WMT traded up $2.23 during trading hours on Thursday, hitting $102.64. The company's stock had a trading volume of 15,893,966 shares, compared to its average volume of 17,623,236. The stock has a fifty day simple moving average of $98.61 and a 200-day simple moving average of $95.37. The company has a market capitalization of $818.33 billion, a P/E ratio of 38.59, a PEG ratio of 4.82 and a beta of 0.65. 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 twelve month low of $77.49 and a twelve month high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business earned $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. On average, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.