Parkwoods Wealth Partners LLC Makes New $330,000 Investment in Walmart Inc. $WMT

Parkwoods Wealth Partners LLC acquired a new position in Walmart Inc. (NYSE:WMT - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,373 shares of the retailer's stock, valued at approximately $330,000.

Several other hedge funds have also recently made changes to their positions in WMT. Brighton Jones LLC raised its stake in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after buying an additional 21,939 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after buying an additional 485 shares during the period. Mainstream Capital Management LLC raised its stake in shares of Walmart by 13.6% in the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer's stock valued at $1,084,000 after buying an additional 1,474 shares during the period. Apella Capital LLC raised its stake in shares of Walmart by 99.7% in the first quarter. Apella Capital LLC now owns 16,238 shares of the retailer's stock valued at $1,455,000 after buying an additional 8,106 shares during the period. Finally, Sendero Wealth Management LLC raised its stake in shares of Walmart by 4.5% in the first quarter. Sendero Wealth Management LLC now owns 4,915 shares of the retailer's stock valued at $432,000 after buying an additional 211 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CTO Suresh Kumar sold 30,000 shares of the company'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 directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. This represents a 1.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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, July 17th. The stock was sold at an average price of $95.14, for a total value of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares of the company's stock, valued at $88,700,258.82. The trade was a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock valued at $15,083,877 in the last ninety days. Corporate insiders own 0.10% of the company's stock.

Walmart Price Performance

Walmart stock opened at $101.77 on Friday. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. The business has a 50-day simple moving average of $100.68 and a 200 day simple moving average of $96.50. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The stock has a market cap of $811.38 billion, a price-to-earnings ratio of 38.26, a PEG ratio of 4.81 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last posted 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 business had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter in the previous year, the firm earned $0.67 earnings per share. Walmart's quarterly revenue 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. On average, research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of several research reports. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. JPMorgan Chase & Co. decreased their price objective on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Mizuho reiterated an "outperform" rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Guggenheim reiterated a "buy" rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Truist Financial decreased their price objective on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a research note on Friday, August 22nd. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $112.38.

Walmart Company 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.

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.