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Walmart Inc. $WMT Shares Purchased by TriaGen Wealth Management LLC

Walmart logo with Retail/Wholesale background

TriaGen Wealth Management LLC grew its position in Walmart Inc. (NYSE:WMT - Free Report) by 552.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,433 shares of the retailer's stock after acquiring an additional 19,841 shares during the quarter. TriaGen Wealth Management LLC's holdings in Walmart were worth $2,291,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Operose Advisors LLC increased its position in Walmart by 319.7% during the 1st 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. PFS Partners LLC grew its position in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after acquiring an additional 233 shares in the last quarter. Bear Mountain Capital Inc. grew 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 valued at $32,000 after acquiring an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd grew 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 buying an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC grew its holdings in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after acquiring an additional 115 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the sale, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 151,232 shares of company stock worth $15,083,877. 0.10% of the stock is owned by insiders.

Walmart Price Performance

NYSE WMT opened at $103.12 on Wednesday. Walmart Inc. has a fifty-two week low of $79.07 and a fifty-two week high of $106.11. The stock's 50-day moving average is $100.97 and its two-hundred day moving average is $96.92. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market cap of $822.14 billion, a P/E ratio of 38.77, a price-to-earnings-growth ratio of 4.84 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data 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 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 the consensus estimate of $174.02 billion. During the same period in the previous year, the business posted $0.67 earnings per share. The firm's 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, analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on WMT shares. JPMorgan Chase & Co. decreased their target price on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Truist Financial reduced their price objective on shares of Walmart from $111.00 to $109.00 and set a "buy" rating for the company in a report on Friday, August 22nd. Evercore ISI reaffirmed an "outperform" rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Guggenheim reaffirmed a "buy" rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Mizuho restated an "outperform" rating and issued a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Walmart currently has an average rating of "Moderate Buy" and an average target price of $112.38.

Check Out Our Latest Stock Report on Walmart

Walmart Profile

(Free Report)

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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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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