Walmart Inc. $WMT Stake Raised by Vest Financial LLC

Key Points

• Vest Financial LLC increased its stake in Walmart Inc. by 1.2% during Q2, now holding 611,288 shares valued at approximately $59.77 million.
• Recent trading activity indicates significant adjustments by hedge funds, including a notable 71.9% increase in shares owned by MGO One Seven LLC in the same period.
• Walmart reported earnings of $0.68 per share, which missed estimates, while Q3 guidance anticipates earnings between 0.580-0.600 EPS.

Vest Financial LLC grew its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 1.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 611,288 shares of the retailer's stock after buying an additional 7,103 shares during the period. Vest Financial LLC's holdings in Walmart were worth $59,772,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Montrusco Bolton Investments Inc. raised its holdings in shares of Walmart by 7.1% during the second quarter. Montrusco Bolton Investments Inc. now owns 473,970 shares of the retailer's stock valued at $46,345,000 after buying an additional 31,485 shares during the last quarter. Lion Street Advisors LLC raised its holdings in shares of Walmart by 5.9% during the second quarter. Lion Street Advisors LLC now owns 7,592 shares of the retailer's stock valued at $742,000 after buying an additional 423 shares during the last quarter. Pegasus Asset Management Inc. raised its holdings in shares of Walmart by 4.0% during the second quarter. Pegasus Asset Management Inc. now owns 43,363 shares of the retailer's stock valued at $4,240,000 after buying an additional 1,656 shares during the last quarter. MGO One Seven LLC raised its holdings in shares of Walmart by 71.9% during the second quarter. MGO One Seven LLC now owns 159,676 shares of the retailer's stock valued at $15,613,000 after buying an additional 66,783 shares during the last quarter. Finally, ONE Advisory Partners LLC bought a new stake in shares of Walmart during the second quarter valued at approximately $253,000. Institutional investors own 26.76% of the company's stock.

Insider Activity

In related news, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the transaction, the executive vice president owned 621,718 shares of the company's stock, valued at approximately $62,998,684.94. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,610 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the transaction, the executive vice president directly owned 645,968 shares of the company's stock, valued at $66,993,341.28. This represents a 0.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 149,488 shares of company stock valued at $14,917,151 in the last ninety days. 0.10% of the stock is owned by company insiders.

Walmart Trading Up 0.2%

Shares of NYSE:WMT opened at $102.04 on Tuesday. The stock has a market capitalization of $813.51 billion, a price-to-earnings ratio of 38.36, a PEG ratio of 4.80 and a beta of 0.67. Walmart Inc. has a 1-year low of $79.76 and a 1-year 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 50 day moving average price of $101.27 and a 200 day moving average price of $97.46.

Walmart (NYSE:WMT - Get Free Report) last issued its 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). The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. On average, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on WMT. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 price target (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. JPMorgan Chase & Co. lowered their price objective on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Mizuho reiterated an "outperform" rating and set a $115.00 price objective on shares of Walmart in a research note on Wednesday, August 13th. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Finally, Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Thirty research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average 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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