Walmart Inc. $WMT Shares Acquired by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 7.8% in the 2nd quarter, Holdings Channel reports. The firm owned 394,784 shares of the retailer’s stock after buying an additional 28,423 shares during the period. Walmart makes up approximately 0.7% of Concurrent Investment Advisors LLC’s portfolio, making the stock its 20th largest holding. Concurrent Investment Advisors LLC’s holdings in Walmart were worth $38,602,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WMT. Brighton Jones LLC lifted its stake in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after purchasing an additional 485 shares in the last quarter. Mainstream Capital Management LLC grew its position in Walmart by 13.6% during the 1st quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after purchasing an additional 1,474 shares in the last quarter. GAMMA Investing LLC grew its position in Walmart by 13.9% during the 1st quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock worth $7,940,000 after purchasing an additional 11,018 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC grew its position in Walmart by 13.7% during the 1st quarter. NorthCrest Asset Manangement LLC now owns 13,461 shares of the retailer’s stock worth $1,182,000 after purchasing an additional 1,622 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Thursday, August 28th. The shares were 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 trade represents a 0.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares in the company, valued at $88,700,258.82. The trade was a 1.39% 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 worth $15,083,877 over the last quarter. Company insiders own 0.10% of the company’s stock.

Walmart Stock Up 0.1%

Walmart stock opened at $101.86 on Monday. The company has a market capitalization 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’s fifty day simple moving average is $101.22 and its 200-day simple moving average is $97.34. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1-year low of $79.37 and a 1-year high of $106.11.

Walmart (NYSE:WMT) last released 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 business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on WMT shares. Evercore ISI reiterated an “outperform” rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. JPMorgan Chase & Co. lowered their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Guggenheim reiterated a “buy” rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Finally, Bank of America upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $112.38.

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.