True North Advisors LLC Buys 5,678 Shares of Walmart Inc. $WMT

Key Points

• True North Advisors LLC increased its stake in Walmart Inc. by 89.3% during the second quarter, acquiring an additional 5,678 shares and bringing its total holdings to 12,035 shares valued at approximately $1.18 million.
• Walmart's recent quarterly earnings showed an EPS of $0.68, which fell short of analysts' expectations of $0.74, despite revenues increasing 4.8% year-over-year.
• Analysts are generally optimistic about Walmart, with 29 research analysts giving it a Buy rating, and it currently holds an average price target of $112.38.

True North Advisors LLC lifted its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 89.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,035 shares of the retailer's stock after acquiring an additional 5,678 shares during the quarter. True North Advisors LLC's holdings in Walmart were worth $1,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Bedel Financial Consulting Inc. raised its position in shares of Walmart by 0.4% during the first 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 last quarter. Scott & Selber Inc. raised its position in shares of Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after acquiring an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC increased its holdings in Walmart by 1.4% in 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 in the last quarter. Lauterbach Financial Advisors LLC increased its holdings in Walmart by 1.8% in the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock worth $517,000 after purchasing an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its holdings in Walmart by 1.4% in the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock worth $685,000 after purchasing an additional 106 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research analyst reports. Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. lowered their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Wolfe Research initiated coverage on Walmart in a report on Thursday, September 18th. They issued an "outperform" rating and a $129.00 target price for the company. Truist Financial lowered their target price on Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $118.00 target price on shares of Walmart in a report on Wednesday. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $112.38.

Walmart Trading Up 0.1%

Shares of Walmart stock opened at $103.14 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. The stock has a 50 day moving average price of $100.16 and a two-hundred day moving average price of $96.03. The stock has a market capitalization of $822.32 billion, a PE ratio of 38.77, a price-to-earnings-growth ratio of 4.86 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last announced 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same period last year, the business posted $0.67 EPS. The company's revenue 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. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the transaction, the chief executive officer owned 4,373,576 shares of the company's stock, valued at $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 151,232 shares of company stock valued at $15,077,519. Company insiders own 0.10% of the company's stock.

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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