Spartan Planning & Wealth Management Raises Stake in Walmart Inc. $WMT

Key Points

• Spartan Planning & Wealth Management increased its stake in Walmart Inc. by 70.2%, now owning 9,267 shares worth approximately $906,000.
• Walmart's stock has a market cap of $821.76 billion and reported a 4.8% increase in revenue year-over-year, although its EPS for the latest quarter missed expectations by $0.06.
• Insider trading activity saw Walmart's EVP and CEO selling shares, with the executive vice president reducing ownership by 0.38% and the CEO by 0.44% since September.

Spartan Planning & Wealth Management boosted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 70.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 9,267 shares of the retailer's stock after buying an additional 3,821 shares during the period. Walmart makes up about 0.8% of Spartan Planning & Wealth Management's investment portfolio, making the stock its 27th largest position. Spartan Planning & Wealth Management's holdings in Walmart were worth $906,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Operose Advisors LLC lifted its holdings in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after acquiring an additional 243 shares in the last quarter. PFS Partners LLC raised its position in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after purchasing an additional 233 shares during the period. Bear Mountain Capital Inc. lifted its stake in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after buying an additional 294 shares during the period. Finally, Ridgewood Investments LLC grew its stake in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after buying an additional 115 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Down 0.0%

Shares of Walmart stock opened at $103.07 on Wednesday. The business has a 50-day moving average price of $100.45 and a 200 day moving average price of $96.36. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. The firm has a market cap of $821.76 billion, a P/E ratio of 38.75, a P/E/G ratio of 4.86 and a beta of 0.65. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the business posted $0.67 EPS. Walmart's revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of several recent research reports. KeyCorp boosted their price target on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Guggenheim reissued a "buy" rating and set a $115.00 target price (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Truist Financial lowered their price target on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Walmart has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Insider Activity

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The sale 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 dated 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 transaction, the chief executive officer directly owned 4,373,576 shares of the company's stock, 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 have sold 149,032 shares of company stock valued at $14,860,951 over the last quarter. 0.10% of the stock is owned by company insiders.

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.

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