Walmart Inc. $WMT Position Boosted by Gerber Kawasaki Wealth & Investment Management

Key Points

• Gerber Kawasaki Wealth & Investment Management increased its holdings in Walmart Inc. by 34.6% during the 1st quarter, bringing their total shares owned to 38,213, valued at approximately $3.36 million.
• Multiple analysts have raised their price targets for Walmart, with Goldman Sachs setting a new objective of $114.00 and maintaining a "buy" rating, reflecting a positive outlook on the company's growth.
• Walmart reported earnings of $0.68 per share for the last quarter, missing estimates by $0.06, but still showed a 4.8% increase in revenue year-over-year.

Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 34.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,213 shares of the retailer's stock after purchasing an additional 9,831 shares during the period. Gerber Kawasaki Wealth & Investment Management's holdings in Walmart were worth $3,355,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Eagle Capital Management LLC lifted its stake in Walmart by 9.1% during the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock valued at $349,000 after buying an additional 321 shares in the last quarter. Brighton Jones LLC lifted its stake in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after buying an additional 485 shares in the last quarter. Highview Capital Management LLC DE lifted its stake in Walmart by 4.9% during the fourth quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock valued at $3,338,000 after buying an additional 1,720 shares in the last quarter. Finally, Voleon Capital Management LP purchased a new stake in Walmart during the fourth quarter valued at about $11,220,000. Institutional investors own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of analyst reports. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. The Goldman Sachs Group upped their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. Robert W. Baird increased their price target on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Oppenheimer increased their price target on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Finally, Tigress Financial increased their price target on shares of Walmart from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $110.59.

Walmart Price Performance

Shares of WMT opened at $96.10 on Thursday. The firm has a market cap of $766.89 billion, a PE ratio of 36.13, a PEG ratio of 4.62 and a beta of 0.66. The firm's 50 day moving average price is $98.09 and its 200 day moving average price is $95.50. 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 twelve month low of $75.67 and a twelve month high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period 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. As a group, research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be issued a dividend of $0.235 per share. This represents a yield of 90.0%. The ex-dividend date is Friday, August 15th. Walmart's dividend payout ratio (DPR) is 35.34%.

Insider Buying and Selling

In other Walmart news, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the sale, the chief executive officer owned 4,412,398 shares in the company, valued at approximately $421,737,000.84. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 101,966 shares of company stock worth $9,858,673. 0.10% of the stock is currently 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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