RFG Advisory LLC Acquires 9,606 Shares of Walmart Inc. $WMT

Key Points

• RFG Advisory LLC increased its holdings in Walmart Inc. by 9.4%, acquiring an additional 9,606 shares during the 2nd quarter, bringing its total investment to approximately $10.9 million.
• Walmart's recent earnings report indicated it missed analyst estimates, with a reported EPS of $0.68 against a consensus of $0.74, and revenue of $169.34 billion, lower than the expected $174.02 billion.
• Several hedge funds have modified their Walmart holdings recently, with institutional investors now owning 26.76% of the company's stock.

RFG Advisory LLC grew its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 9.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 111,712 shares of the retailer's stock after purchasing an additional 9,606 shares during the quarter. RFG Advisory LLC's holdings in Walmart were worth $10,923,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Bedel Financial Consulting Inc. raised its position in shares of Walmart by 0.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after acquiring an additional 102 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Walmart by 1.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer's stock valued at $961,000 after acquiring an additional 103 shares during the period. Scott & Selber Inc. raised its position in shares of Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock valued at $256,000 after acquiring an additional 105 shares during the period. Capital Advisors Wealth Management LLC raised its position in shares of Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock valued at $684,000 after acquiring an additional 105 shares during the period. Finally, RoundAngle Advisors LLC raised its position in shares of Walmart by 0.4% in the 2nd quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer's stock valued at $2,542,000 after acquiring an additional 105 shares during the period. 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 that occurred on Thursday, September 18th. The shares were sold at an average price of $103.74, for a total value of $1,361,587.50. Following the sale, the executive vice president directly owned 906,064 shares in the company, valued at $93,995,079.36. This trade represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares in the company, valued at $451,396,778.96. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 149,488 shares of company stock valued at $14,917,151 over the last ninety days. Insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of WMT stock opened at $107.15 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market capitalization of $854.27 billion, a P/E ratio of 40.28, a price-to-earnings-growth ratio of 4.81 and a beta of 0.67. The company's 50 day moving average price is $101.43 and its two-hundred day moving average price is $97.53. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $107.92.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) 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 business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter last year, the business earned $0.67 earnings per share. 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, analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. BTIG Research assumed coverage on shares of Walmart in a research report on Tuesday. They issued a "buy" rating and a $120.00 price target on the stock. Telsey Advisory Group reiterated an "outperform" rating and issued a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Finally, Truist Financial dropped their target price on shares of Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $112.63.

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.