Walmart Inc. $WMT Position Increased by Sound Income Strategies LLC

Key Points

• Sound Income Strategies LLC increased its position in Walmart Inc. by 28.6%, owning 29,008 shares valued at approximately $2.84 million as of the latest SEC filing.
• Walmart's recent earnings report showed EPS of $0.68, missing the consensus estimate of $0.74, with revenue of $169.34 billion, below the expected $174.02 billion.
• Analysts maintain a generally positive outlook on Walmart, with 29 buy ratings and a target price averaging $112.38, despite some recent target adjustments.

Sound Income Strategies LLC grew its position in Walmart Inc. (NYSE:WMT - Free Report) by 28.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 29,008 shares of the retailer's stock after purchasing an additional 6,457 shares during the period. Sound Income Strategies LLC's holdings in Walmart were worth $2,836,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Operose Advisors LLC boosted its position in shares of 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 period. PFS Partners LLC increased its holdings in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after buying an additional 233 shares during the last quarter. Bear Mountain Capital Inc. increased its stake in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after buying an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC lifted its holdings in Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after purchasing an additional 115 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

Insider Activity at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares in the company, valued at $108,861,082.65. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction dated Thursday, September 18th. The shares were 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 directly owned 906,064 shares of the company's stock, valued at approximately $93,995,079.36. The trade was a 1.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,032 shares of company stock worth $14,860,951 in the last quarter. 0.10% of the stock is owned by corporate insiders.

Walmart Trading Down 0.1%

Shares of Walmart stock opened at $103.01 on Tuesday. The business's 50 day moving average is $100.30 and its 200-day moving average is $96.31. Walmart Inc. has a 12-month low of $78.98 and a 12-month high of $106.11. The stock has a market cap of $821.28 billion, a P/E ratio of 38.73, 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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 earnings per share. 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 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Truist Financial lowered their target price on Walmart from $111.00 to $109.00 and set a "buy" rating on the stock in a report on Friday, August 22nd. Evercore ISI reiterated an "outperform" rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. KeyCorp lifted their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. Tigress Financial increased their target price on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $106.00 price objective on shares of Walmart in a research report on Friday, August 22nd. Twenty-nine 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.com, Walmart has an average rating of "Moderate Buy" and an average target price of $112.38.

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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