Walmart Inc. $WMT Shares Acquired by Heritage Oak Wealth Advisors LLC

Key Points

• Heritage Oak Wealth Advisors LLC increased its stake in Walmart by 2.5%, making it the firm's largest holding, which comprises approximately 37.2% of their investment portfolio.
• Walmart reported EPS of $0.68 for the last quarter, missing estimates, with revenue of $169.34 billion, also below expectations of $174.02 billion.
• Following recent transactions, Walmart insiders have sold 151,232 shares valued at nearly $15 million, indicating potential shifts in insider confidence.

Heritage Oak Wealth Advisors LLC lifted its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 2.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 966,293 shares of the retailer's stock after buying an additional 23,479 shares during the quarter. Walmart comprises approximately 37.2% of Heritage Oak Wealth Advisors LLC's investment portfolio, making the stock its largest holding. Heritage Oak Wealth Advisors LLC's holdings in Walmart were worth $94,484,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WMT. Brighton Jones LLC increased its position in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after purchasing an additional 485 shares in the last quarter. Menard Financial Group LLC purchased a new stake in Walmart in the fourth quarter worth approximately $173,000. Total Wealth Planning & Management Inc. purchased a new stake in shares of Walmart during the fourth quarter valued at approximately $854,000. Finally, Park Square Financial Group LLC bought a new position in shares of Walmart during the fourth quarter valued at approximately $172,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Down 0.4%

Walmart stock opened at $102.44 on Wednesday. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. 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 company has a market cap of $816.76 billion, a PE ratio of 38.51, a PEG ratio of 4.85 and a beta of 0.65. The business's 50-day simple moving average is $99.68 and its two-hundred day simple moving average is $95.77.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same period in the previous year, the company posted $0.67 EPS. The business's revenue for the quarter 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. Equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling

In related news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total value of $1,248,712.50. Following the completion of the sale, the executive vice president owned 932,313 shares in the company, valued at approximately $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. 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 $14,960,635. 0.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research reports. Bank of America increased their price objective on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Evercore ISI reissued an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Oppenheimer raised their price objective on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Finally, The Goldman Sachs Group lifted their target price on Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research note 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $112.62.

Walmart Company 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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