Walmart Inc. $WMT Shares Bought by Advantage Trust Co

Key Points

• Advantage Trust Co significantly increased its stake in Walmart Inc. by 346.7% in the second quarter, acquiring a total of 32,468 shares, which comprise 1.6% of its portfolio.
• Walmart's recent earnings report showed an EPS of $0.68, missing analysts' expectations by $0.06 and a quarterly revenue of $169.34 billion, below the anticipated $174.02 billion.
• Several hedge funds have similarly boosted their positions in Walmart, with institutional investors collectively owning 26.76% of the company's stock, reflecting strong interest among financial institutions.

Advantage Trust Co raised its stake in Walmart Inc. (NYSE:WMT - Free Report) by 346.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,468 shares of the retailer's stock after acquiring an additional 25,200 shares during the period. Walmart accounts for approximately 1.6% of Advantage Trust Co's portfolio, making the stock its 14th largest position. Advantage Trust Co's holdings in Walmart were worth $3,175,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Operose Advisors LLC boosted its stake in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after buying an additional 243 shares during the period. PFS Partners LLC boosted its stake in shares of Walmart by 267.8% during 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 period. Bear Mountain Capital Inc. boosted its stake in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after buying an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after buying an additional 294 shares during the period. Finally, Ridgewood Investments LLC boosted its stake in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after buying an additional 115 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Trading Down 0.6%

Shares of Walmart stock opened at $107.06 on Tuesday. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market cap of $853.60 billion, a PE ratio of 40.25, a price-to-earnings-growth ratio of 5.08 and a beta of 0.67. The company has a 50-day moving average of $101.75 and a two-hundred day moving average of $98.16.

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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. During the same period last year, the business posted $0.67 earnings per share. The company's quarterly revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company's stock, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated 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 directly owned 4,412,398 shares of the company's stock, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 147,038 shares of company stock valued at $14,869,054 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

WMT has been the subject of several recent research reports. The Goldman Sachs Group increased their target price on shares of Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. DA Davidson set a $117.00 price objective on shares of Walmart in a research report on Wednesday, October 15th. Oppenheimer raised their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Telsey Advisory Group restated an "outperform" rating and issued a $118.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Finally, Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an "outperform" rating in a research report on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Walmart has an average rating of "Moderate Buy" and an average price target of $112.63.

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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