Walmart Inc. $WMT Shares Bought by Destiny Wealth Partners LLC

Key Points

• Destiny Wealth Partners LLC significantly increased its stake in Walmart by 121.6% during Q2, acquiring a total of 6,116 shares valued at approximately $598,000.
• Walmart's latest earnings report indicated an EPS of $0.68, falling short of analyst expectations, with revenue reaching $169.34 billion, below the forecast of $174.02 billion.
• Several analysts have set target prices for Walmart ranging from $111.00 to $125.00, with a consensus rating of "Moderate Buy" across the board.

Destiny Wealth Partners LLC raised its stake in Walmart Inc. (NYSE:WMT - Free Report) by 121.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,116 shares of the retailer's stock after buying an additional 3,356 shares during the quarter. Destiny Wealth Partners LLC's holdings in Walmart were worth $598,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Operose Advisors LLC lifted its position 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 purchasing an additional 243 shares in the last quarter. Bear Mountain Capital Inc. lifted its position 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 purchasing an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position 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 purchasing an additional 294 shares in the last quarter. Ridgewood Investments LLC lifted its position 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 purchasing an additional 115 shares in the last quarter. Finally, EQ Wealth Advisors LLC acquired a new stake in shares of Walmart during the first quarter worth about $35,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Performance

Shares of Walmart stock opened at $103.14 on Friday. The firm has a market capitalization of $822.32 billion, a P/E ratio of 38.77, a P/E/G ratio of 4.86 and a beta of 0.65. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm's 50 day moving average is $100.16 and its two-hundred day moving average is $96.03.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 151,232 shares of company stock valued at $15,077,519. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Piper Sandler reissued an "overweight" rating and set a $111.00 price target on shares of Walmart in a research report on Wednesday. Guggenheim reaffirmed a "buy" rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Mizuho reaffirmed an "outperform" rating and issued a $115.00 target price on shares of Walmart in a report on Wednesday, August 13th. Bank of America raised their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 17th. Finally, Tigress Financial raised their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Twenty-nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

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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