Phillips Wealth Planners LLC Increases Stake in Walmart Inc. $WMT

Key Points

• Phillips Wealth Planners LLC significantly increased its stake in Walmart Inc. by 173.9% in Q2, now owning 7,606 shares valued at approximately $738,000.
• Walmart's recent earnings report showed EPS of $0.68, missing consensus estimates by $0.06, with quarterly revenue of $169.34 billion, lower than expected.
• Several analysts have adjusted their price targets for Walmart, with an average target now at $112.03 and a consensus rating of "Buy" from the majority of analysts.

Phillips Wealth Planners LLC boosted its position in Walmart Inc. (NYSE:WMT - Free Report) by 173.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,606 shares of the retailer's stock after acquiring an additional 4,829 shares during the period. Phillips Wealth Planners LLC's holdings in Walmart were worth $738,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in WMT. Operose Advisors LLC increased its stake in shares of Walmart by 319.7% in the first 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. boosted its holdings in Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after buying an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its stake in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after buying an additional 294 shares in the last quarter. EQ Wealth Advisors LLC bought a new stake in Walmart during the 1st quarter valued at $35,000. Finally, Lipe & Dalton lifted its position in shares of 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 in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. KeyCorp raised their target price on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Guggenheim reiterated a "buy" rating and set a $115.00 price target (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an "outperform" rating in a research report on Friday, August 22nd. Finally, The Goldman Sachs Group boosted their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $112.03.

Walmart Stock Performance

NYSE WMT opened at $102.40 on Friday. Walmart Inc. has a 52-week low of $78.11 and a 52-week high of $106.11. The company has a fifty day moving average of $99.40 and a 200-day moving average of $95.64. The company has a market capitalization of $816.42 billion, a P/E ratio of 38.50, a P/E/G ratio of 4.88 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm 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 business earned $0.67 EPS. The company's revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the transaction, the chief executive officer owned 4,412,398 shares of the company's stock, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Suresh Kumar sold 30,000 shares of the business's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 134,107 shares of company stock valued at $13,183,727. 0.10% of the stock is currently owned by corporate insiders.

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.

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