RMG Wealth Management LLC Takes Position in Walmart Inc. $WMT

RMG Wealth Management LLC bought a new position in Walmart Inc. (NYSE:WMT - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,683 shares of the retailer's stock, valued at approximately $446,000.

Other institutional investors have also recently bought and sold shares of the company. Bedel Financial Consulting Inc. lifted its holdings in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after acquiring an additional 102 shares during the period. Scott & Selber Inc. raised its position in Walmart by 3.7% in the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after purchasing an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its stake in Walmart by 1.4% during the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock worth $684,000 after purchasing an additional 105 shares during the period. Lauterbach Financial Advisors LLC boosted its holdings in Walmart by 1.8% during the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after purchasing an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC grew its stake in shares of Walmart by 1.4% in the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock valued at $685,000 after purchasing an additional 106 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the firm'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 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $95.97, for a total value 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 $421,594,770.45. This represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock valued at $15,083,877 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Walmart Trading Up 0.4%

WMT opened at $103.12 on Wednesday. Walmart Inc. has a 1-year low of $79.07 and a 1-year high of $106.11. The stock has a market capitalization of $822.14 billion, a PE ratio of 38.77, a PEG ratio of 4.84 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm has a 50-day moving average price of $100.97 and a two-hundred day moving average price of $96.92.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results 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). The company had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.67 earnings per share. 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 analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on WMT shares. Evercore ISI restated an "outperform" rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. The Goldman Sachs Group increased their price objective on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. JPMorgan Chase & Co. reduced their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Guggenheim reaffirmed a "buy" rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an "outperform" rating in a report on Friday, August 22nd. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $112.38.

Walmart 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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