Bell & Brown Wealth Advisors LLC Raises Stake in Walmart Inc. $WMT

Bell & Brown Wealth Advisors LLC grew its stake in shares of Walmart Inc. (NYSE:WMT) by 0.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 57,686 shares of the retailer’s stock after acquiring an additional 340 shares during the period. Walmart makes up approximately 2.0% of Bell & Brown Wealth Advisors LLC’s portfolio, making the stock its 19th largest position. Bell & Brown Wealth Advisors LLC’s holdings in Walmart were worth $5,641,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in WMT. Kingstone Capital Partners Texas LLC raised its stake in shares of Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Nuveen LLC acquired a new position in shares of Walmart during the 1st quarter worth $2,532,331,000. Goldman Sachs Group Inc. raised its stake in shares of Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after buying an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Walmart by 527.1% during the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after buying an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board raised its stake in shares of Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock worth $371,295,000 after buying an additional 4,214,661 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Up 1.3%

NYSE WMT opened at $107.80 on Friday. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. The company has a 50-day moving average of $101.69 and a 200-day moving average of $97.86. 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 company has a market cap of $859.50 billion, a P/E ratio of 40.53, a P/E/G ratio of 5.02 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $174.02 billion. During the same period in the prior year, the company earned $0.67 EPS. The company’s revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other news, EVP Daniel J. Bartlett sold 1,550 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total transaction of $166,563.00. Following the completion of the sale, the executive vice president owned 644,418 shares in the company, valued at approximately $69,249,158.28. The trade was a 0.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 151,038 shares of company stock worth $15,249,614. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

WMT has been the subject of several analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the company an “outperform” rating in a research note on Friday, August 22nd. 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. JPMorgan Chase & Co. cut their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Finally, Truist Financial cut their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.63.

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.