Thompson Investment Management Inc. Acquires 441 Shares of Walmart Inc. $WMT

Thompson Investment Management Inc. boosted its holdings in Walmart Inc. (NYSE:WMT) by 59.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,186 shares of the retailer’s stock after acquiring an additional 441 shares during the quarter. Thompson Investment Management Inc.’s holdings in Walmart were worth $116,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Robertson Stephens Wealth Management LLC increased its stake in Walmart by 32.3% in the second quarter. Robertson Stephens Wealth Management LLC now owns 81,938 shares of the retailer’s stock valued at $8,012,000 after acquiring an additional 20,022 shares during the period. Endeavor Private Wealth Inc. increased its stake in Walmart by 6.1% in the second quarter. Endeavor Private Wealth Inc. now owns 9,881 shares of the retailer’s stock valued at $966,000 after acquiring an additional 571 shares during the period. Brandywine Oak Private Wealth LLC increased its stake in Walmart by 7.1% in the second quarter. Brandywine Oak Private Wealth LLC now owns 14,268 shares of the retailer’s stock valued at $1,395,000 after acquiring an additional 946 shares during the period. Ridgeline Wealth Planning LLC increased its stake in Walmart by 13.2% in the second quarter. Ridgeline Wealth Planning LLC now owns 3,088 shares of the retailer’s stock valued at $302,000 after acquiring an additional 360 shares during the period. Finally, Mengis Capital Management Inc. increased its stake in Walmart by 235.4% in the second quarter. Mengis Capital Management Inc. now owns 7,836 shares of the retailer’s stock valued at $766,000 after acquiring an additional 5,500 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,610 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total value of $166,973.10. Following the completion of the sale, the executive vice president owned 645,968 shares of the company’s stock, valued at $66,993,341.28. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the transaction, the chief executive officer directly owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock valued at $15,083,877 over the last quarter. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Piper Sandler reissued an “overweight” rating and issued a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. 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. JPMorgan Chase & Co. dropped their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Finally, Oppenheimer raised their price objective on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Thirty investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

Walmart Stock Performance

Shares of Walmart stock opened at $101.86 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The firm has a market cap of $812.10 billion, a P/E ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67. The firm has a 50 day simple moving average of $101.22 and a 200 day simple moving average of $97.18. Walmart Inc. has a fifty-two week low of $79.37 and a fifty-two week high of $106.11.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to analyst estimates 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 period in the prior year, the business earned $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. Sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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.