Plancorp LLC Raises Stake in Walmart Inc. $WMT

Key Points

• Plancorp LLC increased its stake in Walmart Inc. by 6.2%, owning a total of 64,079 shares worth approximately $6.27 million at the end of Q2.
• Several institutional investors, including Weatherly Asset Management and Monument Capital Management, also raised their stakes in Walmart, reflecting growing confidence in the retailer.
• Walmart's latest quarterly earnings revealed an EPS of $0.68, falling short of analysts' expectations, with revenues at $169.34 billion compared to a forecast of $174.02 billion.

Plancorp LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 6.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,079 shares of the retailer's stock after acquiring an additional 3,765 shares during the period. Plancorp LLC's holdings in Walmart were worth $6,266,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Weatherly Asset Management L. P. raised its stake in Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer's stock valued at $5,489,000 after buying an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management grew its stake in shares of Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer's stock worth $3,355,000 after acquiring an additional 9,831 shares during the last quarter. Ally Financial Inc. bought a new position in shares of Walmart during the first quarter valued at $2,107,000. Night Squared LP purchased a new position in shares of Walmart in the 1st quarter worth about $1,052,000. Finally, Monument Capital Management raised its position in shares of Walmart by 94.2% in the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock worth $4,829,000 after purchasing an additional 26,685 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president owned 932,313 shares in the company, valued at $88,700,258.82. This trade represents a 1.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the sale, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 131,816 shares of company stock valued at $13,073,594 in the last 90 days. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WMT. 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. Wolfe Research assumed 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. KeyCorp increased their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. Tigress Financial boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Finally, Oppenheimer upped their price objective on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $112.38.

Walmart Stock Performance

WMT stock opened at $103.03 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. The company has a market cap of $821.41 billion, a P/E ratio of 38.73, a price-to-earnings-growth ratio of 4.84 and a beta of 0.65. The stock's fifty day moving average price is $99.99 and its 200-day moving average price is $95.92.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm's revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.67 EPS. 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.

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.