Triton Wealth Management PLLC Buys Shares of 30,665 Walmart Inc. $WMT

Key Points

• Triton Wealth Management PLLC has acquired a new position in Walmart by purchasing 30,665 shares, valued at approximately $2,962,000, making Walmart the firm's 15th largest holding.
• Several hedge funds have significantly increased their stakes in Walmart, with Operose Advisors LLC raising its holdings by 319.7% in the first quarter.
• Walmart's current stock rating is categorized as a "Moderate Buy", with an average target price of $112.63 from analysts.

Triton Wealth Management PLLC bought a new position in Walmart Inc. (NYSE:WMT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,665 shares of the retailer's stock, valued at approximately $2,962,000. Walmart comprises 1.3% of Triton Wealth Management PLLC's portfolio, making the stock its 15th biggest holding.

A number of other hedge funds also recently made changes to their positions in WMT. Operose Advisors LLC lifted its stake in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC increased its holdings in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after buying an additional 233 shares in the last quarter. Bear Mountain Capital Inc. lifted its stake in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after acquiring an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after acquiring an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC grew its position in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after acquiring an additional 115 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the company. Evercore ISI reiterated an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. Weiss Ratings reissued a "buy (b)" rating on shares of Walmart in a report on Wednesday, October 8th. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Finally, DA Davidson set a $117.00 price objective on shares of Walmart in a research note on Wednesday. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $112.63.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $103.74, for a total transaction of $1,361,587.50. Following the completion of the sale, the executive vice president owned 906,064 shares of the company's stock, 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 SEC, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares of the company's stock, valued at approximately $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 136,363 shares of company stock worth $13,668,438 over the last quarter. 0.10% of the stock is owned by company insiders.

Walmart Trading Up 1.7%

NYSE:WMT opened at $109.05 on Thursday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.56. 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 firm's fifty day moving average is $101.55 and its 200-day moving average is $97.61. The firm has a market cap of $869.45 billion, a P/E ratio of 41.00, a P/E/G ratio of 5.05 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share 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 the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business earned $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. Equities analysts expect 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.

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