Weatherly Asset Management L. P. Purchases 3,696 Shares of Walmart Inc. $WMT

Key Points

• Weatherly Asset Management L. P. increased its stake in Walmart Inc. by 7.0%, now holding 56,140 shares valued at approximately $5.49 million.
• Insider trading activity included sales by EVP John R. Furner and CEO C. Douglas McMillon, with Furner's transaction totaling over $1.2 million and McMillon’s at around $1.86 million.
• Despite recent insider sales and fluctuations, various analysts have raised Walmart's target price, forecasting an average target of $112.03 alongside a consensus “Buy” rating.

Weatherly Asset Management L. P. raised its stake in Walmart Inc. (NYSE:WMT - Free Report) by 7.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,140 shares of the retailer's stock after purchasing an additional 3,696 shares during the period. Weatherly Asset Management L. P.'s holdings in Walmart were worth $5,489,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Operose Advisors LLC lifted its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares in the last quarter. Bear Mountain Capital Inc. raised its holdings in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after purchasing an additional 294 shares during the period. EQ Wealth Advisors LLC purchased a new position in Walmart during the 1st quarter worth $35,000. Finally, Lipe & Dalton raised its stake in Walmart by 95.2% in the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the transaction, the executive vice president directly owned 919,189 shares of the company's stock, valued at $90,586,075.95. This represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated 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 sale, the chief executive officer owned 4,392,985 shares of the company's stock, valued at $421,594,770.45. This trade represents a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 134,107 shares of company stock worth $13,183,727. 0.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. KeyCorp upped their target price on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. Wolfe Research assumed coverage on Walmart in a research note on Thursday. They issued an "outperform" rating and a $129.00 price objective on the stock. The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an "outperform" rating in a research report on Friday, August 22nd. Finally, Evercore ISI reaffirmed an "outperform" rating and set a $110.00 target price (up from $108.00) on shares of Walmart in a report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $112.03.

Walmart Trading Down 1.2%

Shares of Walmart stock opened at $102.40 on Friday. Walmart Inc. has a fifty-two week low of $78.11 and a fifty-two week high of $106.11. The firm has a market cap of $816.42 billion, a PE ratio of 38.50, a P/E/G ratio of 4.88 and a beta of 0.65. 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 business's fifty day moving average is $99.40 and its two-hundred day moving average is $95.64.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS 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 analyst estimates of $174.02 billion. During the same quarter in the previous year, the firm earned $0.67 earnings per share. The business'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. Analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

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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