Leo Wealth LLC Buys 18,569 Shares of Walmart Inc. $WMT

Key Points

• Leo Wealth LLC increased its stake in Walmart Inc. by 322.6% in the second quarter, acquiring an additional 18,569 shares, bringing its total holdings to 24,325 shares valued at approximately $2,378,000.
• In recent transactions, Walmart insiders John R. Furner and Daniel J. Bartlett sold shares, reducing their ownership by 1.43% and 0.25% respectively, with total insider shares sold in the past 90 days amounting to 151,232 shares.
• Analysts have set positive outlooks for Walmart, with the average target price at $112.38 and several firms, including Goldman Sachs and Guggenheim, increasing their price targets following recent evaluations.

Leo Wealth LLC lifted its stake in Walmart Inc. (NYSE:WMT - Free Report) by 322.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,325 shares of the retailer's stock after acquiring an additional 18,569 shares during the period. Leo Wealth LLC's holdings in Walmart were worth $2,378,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Operose Advisors LLC increased its position in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after buying an additional 243 shares during the period. PFS Partners LLC increased its position 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 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. Finally, Ridgewood Investments LLC increased its position in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after acquiring an additional 115 shares during the period. 26.76% of the stock is owned by institutional investors.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the sale, the executive vice president owned 906,064 shares in the company, valued at approximately $93,995,079.36. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Daniel J. Bartlett sold 1,610 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $103.71, for a total value of $166,973.10. Following the sale, the executive vice president owned 645,968 shares in the company, valued at $66,993,341.28. The trade was a 0.25% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 151,232 shares of company stock valued at $15,083,877. 0.10% of the stock is currently owned by company insiders.

Walmart Price Performance

Shares of Walmart stock opened at $101.72 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $811.00 billion, a price-to-earnings ratio of 38.24, a P/E/G ratio of 4.85 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.37 and a 1-year high of $106.11. The firm's 50-day moving average price is $101.15 and its two-hundred day moving average price is $97.06.

Walmart (NYSE:WMT - Get Free Report) last issued 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 firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart's quarterly revenue was up 4.8% compared to the same quarter last year. During the same period 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. On average, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WMT has been the topic of several research reports. The Goldman Sachs Group boosted their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Royal Bank Of Canada restated an "outperform" rating and set a $106.00 price target on shares of Walmart in a research note on Friday, August 22nd. Guggenheim restated a "buy" rating and set a $115.00 price target (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Weiss Ratings restated a "buy (b)" rating on shares of Walmart in a research report on Wednesday. Finally, Wolfe Research began coverage on shares of Walmart in a research note on Thursday, September 18th. They issued an "outperform" rating and a $129.00 target price 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 a consensus rating of "Moderate Buy" and an average target price of $112.38.

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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