Plancorp LLC Boosts Stake in Walmart Inc. $WMT

Key Points

• Plancorp LLC increased its stake in Walmart Inc. by 12.3% in Q1, acquiring a total of 60,314 shares valued at approximately $5.3 million.
• Walmart reported earnings of $0.68 per share in its latest quarter, which fell short of the consensus estimate of $0.74, while its revenue of $169.34 billion also missed analysts' expectations.
• Analysts have a positive outlook on Walmart, with the majority giving it a Buy rating and setting an average price target of $110.76.

Plancorp LLC lifted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 12.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,314 shares of the retailer's stock after purchasing an additional 6,628 shares during the quarter. Plancorp LLC's holdings in Walmart were worth $5,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of WMT. NewEdge Advisors LLC grew its holdings in Walmart by 3.9% during the first quarter. NewEdge Advisors LLC now owns 955,086 shares of the retailer's stock valued at $83,847,000 after purchasing an additional 35,559 shares during the period. Nippon Life Global Investors Americas Inc. boosted its stake in shares of Walmart by 41.8% in the first quarter. Nippon Life Global Investors Americas Inc. now owns 336,460 shares of the retailer's stock worth $29,609,000 after acquiring an additional 99,150 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Walmart by 5.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 616,348 shares of the retailer's stock worth $54,109,000 after acquiring an additional 31,470 shares during the period. Infusive Asset Management Inc. boosted its stake in shares of Walmart by 24.5% in the first quarter. Infusive Asset Management Inc. now owns 162,699 shares of the retailer's stock worth $14,283,000 after acquiring an additional 32,025 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of Walmart by 1.3% in the first quarter. Integrated Wealth Concepts LLC now owns 224,385 shares of the retailer's stock worth $19,699,000 after acquiring an additional 2,964 shares during the period. Institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

NYSE WMT opened at $100.45 on Friday. The stock has a 50-day simple moving average of $98.29 and a two-hundred day simple moving average of $95.24. The firm has a market capitalization of $800.85 billion, a P/E ratio of 37.76, a PEG ratio of 4.85 and a beta of 0.65. Walmart Inc. has a fifty-two week low of $76.30 and a fifty-two week high of $105.30. 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 announced its quarterly earnings results 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same quarter in the prior year, the firm earned $0.67 EPS. Walmart'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. On average, equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $98.30, for a total value of $216,260.00. Following the completion of the transaction, the executive vice president owned 626,118 shares in the company, valued at $61,547,399.40. The trade was a 0.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $95.85, for a total value of $1,258,031.25. Following the completion of the sale, the executive vice president owned 945,434 shares in the company, valued at approximately $90,619,848.90. The trade was a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 121,382 shares of company stock worth $11,718,441 in the last 90 days. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of research analyst reports. DA Davidson reiterated a "buy" rating and issued a $117.00 target price on shares of Walmart in a research report on Friday, May 16th. Tigress Financial boosted their target price on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday. KeyCorp boosted their target price on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Telsey Advisory Group upped their price objective on Walmart from $115.00 to $118.00 and gave the company an "outperform" rating in a research report on Friday, August 22nd. Finally, Guggenheim reaffirmed a "buy" rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a research note 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. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $110.76.

About Walmart

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.

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.