Walmart Inc. $WMT Shares Acquired by Continuum Advisory LLC

Key Points

• Continuum Advisory increased its Walmart stake by 3.5% in the second quarter, holding 357,980 shares valued at approximately $40.5 million. Other institutional investors also added shares, with institutions and hedge funds owning 26.76% of Walmart.
• Walmart insiders sold 81,242 shares worth about $8.8 million over the past 90 days, including sales by executives Daniel Bartlett and Daniel Danker under pre-arranged Rule 10b5-1 plans.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $131.88 price target. Walmart recently beat quarterly earnings and revenue expectations, reporting $0.81 EPS and $187.94 billion in revenue, up 5.9% year over year.

Continuum Advisory LLC increased its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 3.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 357,980 shares of the retailer's stock after buying an additional 12,104 shares during the quarter. Walmart comprises approximately 3.3% of Continuum Advisory LLC's holdings, making the stock its 3rd largest position. Continuum Advisory LLC's holdings in Walmart were worth $40,545,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bell & Brown Wealth Advisors LLC bought a new stake in shares of Walmart during the second quarter valued at approximately $6,451,000. Advisortrust Partners LLC grew its holdings in Walmart by 20.2% in the 1st quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer's stock worth $8,344,000 after buying an additional 11,283 shares in the last quarter. Union Bancaire Privee UBP SA increased its position in Walmart by 253.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer's stock valued at $47,728,000 after acquiring an additional 275,337 shares during the period. Janney Montgomery Scott LLC increased its position in Walmart by 2.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer's stock valued at $300,333,000 after acquiring an additional 68,632 shares during the period. Finally, Vise Technologies Inc. increased its position in Walmart by 42.1% in the 4th quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer's stock valued at $30,676,000 after acquiring an additional 81,635 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In related news, EVP Daniel Bartlett sold 3,950 shares of Walmart stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $105.14, for a total transaction of $415,303.00. Following the transaction, the executive vice president directly owned 622,349 shares of the company's stock, valued at $65,433,773.86. The trade was a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the business's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the completion of the sale, the executive vice president owned 201,672 shares in the company, valued at approximately $21,246,145.20. This trade represents a 20.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 81,242 shares of company stock worth $8,836,446. Corporate insiders own 0.09% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on WMT shares. Royal Bank Of Canada reduced their price target on Walmart from $137.00 to $131.00 and set an "outperform" rating for the company in a research report on Friday, August 21st. Robert W. Baird lowered their price target on Walmart from $140.00 to $120.00 and set an "outperform" rating on the stock in a report on Friday, August 21st. DA Davidson set a $132.00 price objective on shares of Walmart and gave the company a "buy" rating in a research note on Friday, August 21st. Deutsche Bank Aktiengesellschaft set a $113.00 price objective on shares of Walmart in a report on Friday, August 21st. Finally, TD Cowen reiterated a "buy" rating on shares of Walmart in a research report on Friday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $131.88.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is expanding restaurant delivery through a Dunkin’ partnership. The agreement adds Dunkin’ locations to Walmart’s three-month-old restaurant-delivery service, following its partnership with Subway. The move broadens Walmart’s convenience ecosystem and could increase delivery frequency, customer engagement and fee-based revenue while positioning the company against DoorDash and Uber Eats. Walmart Teams With Dunkin’ to Expand Restaurant Delivery
• Positive Sentiment: Walmart and Amazon are commercializing fraud-prevention tools. Turning security and scam-prevention capabilities into retail products could create new business opportunities and strengthen customer trust, though the financial impact for WMT is not yet clear. Amazon and Walmart Turn Fraud Prevention Into a Retail Product
• Positive Sentiment: Recent product launches continue to widen Walmart’s role in everyday spending. New offerings across fashion, groceries, health and home support the company’s strategy of increasing sales across multiple categories. Analysts remain constructive, including Tigress Financial’s reiterated Buy rating, although Walmart’s elevated earnings multiple limits room for disappointment. Is Walmart Undervalued Following Its Latest Product Launches?
• Neutral Sentiment: Haleon negotiated improved shelf placement at Walmart and Target. The arrangement could improve product visibility and shopper traffic in Walmart stores, but it primarily benefits Haleon and does not materially change Walmart’s earnings outlook. Haleon Secures Better Shelf Space at Walmart and Target
• Neutral Sentiment: Executive Daniel Bartlett sold 3,950 shares worth about $415,000. The sale reduced his holdings by only 0.63% and was conducted under a pre-arranged Rule 10b5-1 trading plan, making it a limited signal about management’s view of WMT. SEC Insider Trading Filing
• Negative Sentiment: The U.S. Department of Justice expanded its investigation into rising beef prices to Walmart and other large retailers. The inquiry creates potential legal, reputational and compliance risks, although the reports do not establish wrongdoing by Walmart. DOJ Expands Beef Price Investigation

Walmart Stock Performance

Shares of NASDAQ WMT opened at $108.42 on Friday. The stock has a fifty day moving average price of $110.98 and a two-hundred day moving average price of $119.70. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. The firm has a market cap of $860.18 billion, a P/E ratio of 39.14, a PEG ratio of 4.05 and a beta of 0.59. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The company had revenue of $187.94 billion for the quarter, compared to analysts' expectations of $186.64 billion. During the same period last year, the firm earned $0.68 EPS. The firm's revenue for the quarter was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Research analysts forecast that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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