Walmart Inc. $WMT Stock Holdings Increased by TD Private Client Wealth LLC

Key Points

• TD Private Client Wealth LLC increased its stake in Walmart by 8.3% during Q2, owning 89,167 shares valued at approximately $8.72 million.
• Walmart's recent quarterly earnings showed EPS of $0.68, which missed analysts' expectations, alongside a revenue of $169.34 billion.
• Several analysts have adjusted their price targets for Walmart, with Truist Financial lowering their target from $111.00 to $109.00 while maintaining a "buy" rating.

TD Private Client Wealth LLC boosted its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 8.3% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 89,167 shares of the retailer's stock after purchasing an additional 6,815 shares during the period. TD Private Client Wealth LLC's holdings in Walmart were worth $8,719,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bedel Financial Consulting Inc. lifted its holdings in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock valued at $2,275,000 after buying an additional 102 shares during the last quarter. Scott & Selber Inc. raised its position in Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock valued at $256,000 after acquiring an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its stake in Walmart by 1.4% in the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock valued at $684,000 after acquiring an additional 105 shares during the last quarter. Lauterbach Financial Advisors LLC grew its position in Walmart by 1.8% in the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock worth $517,000 after acquiring an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC grew its position in Walmart by 1.4% in the first quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock worth $685,000 after acquiring an additional 106 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Price Performance

Shares of WMT stock opened at $102.71 on Thursday. Walmart Inc. has a 12 month low of $78.98 and a 12 month high of $106.11. The company has a market capitalization of $818.88 billion, a P/E ratio of 38.61, a P/E/G ratio of 4.83 and a beta of 0.65. The stock has a 50 day moving average of $99.84 and a two-hundred day moving average of $95.81. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate 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 firm 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. As a group, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on WMT shares. 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 research note on Friday, August 22nd. JPMorgan Chase & Co. reduced their price target on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Mizuho reissued an "outperform" rating and set a $115.00 price objective on shares of Walmart in a report on Wednesday, August 13th. Evercore ISI reissued an "outperform" rating and issued a $110.00 price objective (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. Finally, Bank of America upped their target price on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. Twenty-nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $112.38.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the sale, the executive vice president directly owned 932,313 shares in the company, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the company's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold 131,816 shares of company stock worth $13,073,594 in the last ninety days. Company insiders own 0.10% of the company's stock.

Walmart 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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