WealthPLAN Partners LLC Has $6.85 Million Holdings in Walmart Inc. $WMT

Key Points

• WealthPLAN Partners LLC reduced its stake in Walmart by 24.6% during Q2, selling 22,880 shares and now holding 70,101 shares valued at $6.85 million.
• Analysts have raised Walmart's price targets, with Bank of America increasing theirs from $120 to $125 and Oppenheimer raising theirs from $110 to $115, while maintaining a consensus rating of "Moderate Buy."
• Insider activity includes significant sales, with Walmart's EVP and CEO selling shares that decreased their ownership by 0.35% and 0.44%, respectively, in recent transactions.

WealthPLAN Partners LLC lessened its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 24.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,101 shares of the retailer's stock after selling 22,880 shares during the quarter. Walmart makes up about 1.1% of WealthPLAN Partners LLC's investment portfolio, making the stock its 19th largest position. WealthPLAN Partners LLC's holdings in Walmart were worth $6,854,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after buying an additional 485 shares in the last quarter. Mainstream Capital Management LLC boosted its stake in Walmart by 13.6% in the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer's stock valued at $1,084,000 after buying an additional 1,474 shares in the last quarter. GAMMA Investing LLC boosted its stake in Walmart by 13.9% in the 1st quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer's stock valued at $7,940,000 after buying an additional 11,018 shares in the last quarter. Finally, PUREfi Wealth LLC boosted its stake in Walmart by 3.2% in the 1st quarter. PUREfi Wealth LLC now owns 26,683 shares of the retailer's stock valued at $2,343,000 after buying an additional 823 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on WMT shares. Oppenheimer boosted their price target on Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Bank of America raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Truist Financial dropped 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. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.63.

Insider Activity at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares in the company, valued at $62,998,684.94. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the sale, the chief executive officer owned 4,373,576 shares of the company's stock, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 136,363 shares of company stock valued at $13,668,438 over the last quarter. 0.10% of the stock is currently owned by corporate insiders.

Walmart Price Performance

Walmart stock opened at $106.30 on Friday. 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 firm has a market cap of $847.51 billion, a P/E ratio of 39.96, a P/E/G ratio of 5.14 and a beta of 0.67. The business's fifty day moving average is $101.61 and its two-hundred day moving average is $97.73. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.58.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

About Walmart

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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