Lineweaver Wealth Advisors LLC Acquires 3,993 Shares of Walmart Inc. $WMT

Key Points

• Lineweaver Wealth Advisors LLC increased its stake in Walmart Inc. by 20.1% during the 2nd quarter, bringing its total holdings to 23,839 shares valued at approximately $2.33 million.
• Walmart's recent earnings report showed an EPS of $0.68, which missed analysts' expectations, along with revenues of $169.34 billion for the quarter.
• Analysts have been optimistic about Walmart's stock, with several firms raising their price objectives, resulting in an average price target of $111.45 and a consensus rating of "Buy".

Lineweaver Wealth Advisors LLC grew its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 20.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,839 shares of the retailer's stock after buying an additional 3,993 shares during the period. Lineweaver Wealth Advisors LLC's holdings in Walmart were worth $2,331,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Operose Advisors LLC lifted its holdings in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares in the last quarter. Bear Mountain Capital Inc. lifted its stake in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after acquiring an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake in Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after acquiring an additional 294 shares in the last quarter. EQ Wealth Advisors LLC bought a new position in Walmart during the 1st quarter valued at $35,000. Finally, Lipe & Dalton lifted its stake in Walmart by 95.2% during the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after acquiring an additional 200 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WMT. Oppenheimer raised their price objective on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. KeyCorp raised their price objective on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Evercore ISI restated an "outperform" rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Wolfe Research assumed coverage on Walmart in a research report on Thursday. They set an "outperform" rating and a $129.00 target price for the company. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $112.03.

Walmart Stock Performance

WMT traded down $0.58 during trading hours on Thursday, hitting $103.69. The stock had a trading volume of 14,845,839 shares, compared to its average volume of 17,942,730. The company's fifty day simple moving average is $99.24 and its 200 day simple moving average is $95.58. Walmart Inc. has a 1 year low of $77.49 and a 1 year high of $106.11. The stock has a market cap of $826.70 billion, a PE ratio of 38.98, a price-to-earnings-growth ratio of 5.01 and a beta of 0.65. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 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 company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the prior year, the business earned $0.67 EPS. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $95.14, for a total value of $380,560.00. Following the completion of the transaction, the executive vice president owned 1,056,455 shares in the company, valued at $100,511,128.70. This trade represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the firm's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares of the company's stock, valued at approximately $184,921,584. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock worth $14,822,719 in the last 90 days. 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.