Turtle Creek Wealth Advisors LLC Increases Stock Position in Walmart Inc. $WMT

Key Points

• Turtle Creek Wealth Advisors LLC increased its position in Walmart by 44.3% during the second quarter, holding 19,138 shares valued at $1,871,000 as of its last SEC filing.
• Walmart recently reported quarterly earnings of $0.68 EPS, missing analysts' expectations of $0.74, and its revenue was $169.34 billion, below analyst estimates of $174.02 billion.
• A number of analysts have set new target prices for Walmart, with recommendations ranging from $115 to $125, as analysts maintain a consensus rating of "Moderate Buy".

Turtle Creek Wealth Advisors LLC increased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 44.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,138 shares of the retailer's stock after buying an additional 5,875 shares during the period. Turtle Creek Wealth Advisors LLC's holdings in Walmart were worth $1,871,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bedel Financial Consulting Inc. lifted its stake in shares of Walmart by 0.4% in the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after buying an additional 102 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer's stock worth $961,000 after buying an additional 103 shares in the last quarter. Scott & Selber Inc. lifted its stake in shares of 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 buying an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its stake in shares of 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 buying an additional 105 shares in the last quarter. Finally, RoundAngle Advisors LLC lifted its stake in shares of Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer's stock worth $2,542,000 after buying an additional 105 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Trading Up 1.7%

Shares of WMT stock opened at $109.05 on Thursday. 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 stock has a market capitalization of $869.45 billion, a P/E ratio of 41.00, a price-to-earnings-growth ratio of 5.05 and a beta of 0.67. The company has a 50 day moving average price of $101.55 and a 200 day moving average price of $97.61. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.56.

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

Insider Transactions at Walmart

In related news, 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 completion of the transaction, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the transaction, the chief executive officer owned 4,412,398 shares of the company's stock, valued at $421,737,000.84. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 136,363 shares of company stock valued at $13,668,438. 0.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Telsey Advisory Group reaffirmed an "outperform" rating and set a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Oppenheimer lifted their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Tigress Financial lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 3rd. Guggenheim reaffirmed a "buy" rating and set a $115.00 target price (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Finally, 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. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus 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.

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