Walmart Inc. $WMT Shares Purchased by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 7.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,416 shares of the retailer’s stock after buying an additional 702 shares during the period. Sax Wealth Advisors LLC’s holdings in Walmart were worth $1,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Venturi Wealth Management LLC grew its holdings in shares of Walmart by 0.3% during the second quarter. Venturi Wealth Management LLC now owns 228,984 shares of the retailer’s stock worth $22,390,000 after buying an additional 701 shares in the last quarter. Wheelhouse Advisory Group LLC lifted its stake in shares of Walmart by 4.4% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 5,156 shares of the retailer’s stock valued at $504,000 after purchasing an additional 216 shares during the last quarter. BankPlus Trust Department lifted its stake in shares of Walmart by 8.5% in the 2nd quarter. BankPlus Trust Department now owns 24,879 shares of the retailer’s stock valued at $2,433,000 after purchasing an additional 1,947 shares during the last quarter. Canopy Partners LLC lifted its stake in shares of Walmart by 0.5% in the 2nd quarter. Canopy Partners LLC now owns 32,526 shares of the retailer’s stock valued at $3,180,000 after purchasing an additional 153 shares during the last quarter. Finally, High Note Wealth LLC raised its holdings in shares of Walmart by 0.7% in the 2nd quarter. High Note Wealth LLC now owns 63,456 shares of the retailer’s stock valued at $6,205,000 after buying an additional 437 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Down 0.3%

WMT stock opened at $102.90 on Thursday. The company has a market cap of $820.41 billion, a price-to-earnings ratio of 38.68, a price-to-earnings-growth ratio of 4.86 and a beta of 0.67. The company has a fifty day moving average price of $101.08 and a 200 day moving average price of $96.96. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a 12 month low of $79.37 and a 12 month high of $106.11.

Walmart (NYSE:WMT) last announced 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 business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the previous year, the company posted $0.67 earnings per share. Walmart’s quarterly 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. Sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total transaction of $403,840.00. Following the transaction, the executive vice president owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 value of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 151,232 shares of company stock worth $15,083,877. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. cut their price target on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Telsey Advisory Group restated an “outperform” rating and set a $118.00 price target on shares of Walmart in a report on Wednesday, September 24th. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a report on Friday, August 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. Finally, Evercore ISI reiterated an “outperform” rating and issued a $110.00 price objective (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.