High Note Wealth LLC Boosts Stock Holdings in Walmart Inc. $WMT

High Note Wealth LLC lifted its stake in shares of Walmart Inc. (NYSE:WMT) by 0.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,456 shares of the retailer’s stock after acquiring an additional 437 shares during the quarter. Walmart accounts for about 1.4% of High Note Wealth LLC’s portfolio, making the stock its 22nd largest position. High Note Wealth LLC’s holdings in Walmart were worth $6,205,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC grew its stake in shares of Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Nuveen LLC acquired a new position in shares of Walmart during the first quarter worth $2,532,331,000. Goldman Sachs Group Inc. grew its stake in shares of Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Wellington Management Group LLP boosted its stake in Walmart by 527.1% in the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after acquiring an additional 5,664,484 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board boosted its stake in Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after acquiring an additional 4,214,661 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 151,232 shares of company stock valued at $15,083,877. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of WMT opened at $103.12 on Wednesday. The company has a market capitalization of $822.14 billion, a price-to-earnings ratio of 38.77, a price-to-earnings-growth ratio of 4.84 and a beta of 0.67. Walmart Inc. has a fifty-two week low of $79.07 and a fifty-two week high of $106.11. The firm has a 50-day simple moving average of $100.97 and a 200-day simple moving average of $96.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the company earned $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, equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WMT has been the subject of several research analyst reports. The Goldman Sachs Group upped their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Guggenheim restated a “buy” rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Wolfe Research initiated coverage on shares of Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective for the company. Telsey Advisory Group restated an “outperform” rating and issued a $118.00 price objective on shares of Walmart in a research note on Wednesday, September 24th. Finally, Oppenheimer upped their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

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.