6,472 Walmart Inc. $WMT Shares Purchased by Plan A Wealth LLC

Plan A Wealth LLC grew its stake in Walmart Inc. (NASDAQ:WMT) by 266.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,898 shares of the retailer’s stock after purchasing an additional 6,472 shares during the period. Plan A Wealth LLC’s holdings in Walmart were worth $925,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. New Covenant Trust Company N.A. increased its holdings in Walmart by 15.5% in the 3rd quarter. New Covenant Trust Company N.A. now owns 11,538 shares of the retailer’s stock worth $1,199,000 after purchasing an additional 1,547 shares in the last quarter. Quintet Private Bank Europe S.A. raised its holdings in Walmart by 7.7% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 17,423 shares of the retailer’s stock valued at $1,811,000 after buying an additional 1,245 shares during the last quarter. Whalen Wealth Management Inc. raised its holdings in Walmart by 1.3% in the 3rd quarter. Whalen Wealth Management Inc. now owns 36,948 shares of the retailer’s stock valued at $3,840,000 after buying an additional 471 shares during the last quarter. Alkeme Wealth LLC boosted its position in Walmart by 0.8% during the 3rd quarter. Alkeme Wealth LLC now owns 37,783 shares of the retailer’s stock worth $3,926,000 after buying an additional 288 shares during the period. Finally, Fig Financial Advisory Services Inc. ADV acquired a new stake in Walmart during the 3rd quarter worth approximately $358,000. 26.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on WMT. Oppenheimer reaffirmed a “market perform” rating on shares of Walmart in a research note on Tuesday, August 25th. Guggenheim set a $130.00 price objective on Walmart and gave the company a “buy” rating in a report on Friday, August 21st. Tigress Financial restated a “buy” rating and issued a $155.00 price objective on shares of Walmart in a report on Monday, August 31st. DA Davidson reaffirmed a “buy” rating and set a $132.00 target price on shares of Walmart in a research report on Thursday, September 10th. Finally, Cantor Fitzgerald raised Walmart to a “buy” rating in a report on Friday, August 21st. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.74.

Walmart Trading Up 2.4%

Shares of NASDAQ WMT traded up $2.64 during midday trading on Thursday, reaching $110.80. The stock had a trading volume of 8,615,320 shares, compared to its average volume of 25,172,633. The company’s 50 day moving average price is $108.43 and its 200 day moving average price is $116.55. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a twelve month low of $98.88 and a twelve month high of $135.15. The firm has a market cap of $879.04 billion, a price-to-earnings ratio of 40.05, a price-to-earnings-growth ratio of 4.09 and a beta of 0.58.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. During the same period in the prior year, the company posted $0.68 earnings per share. Walmart’s revenue for the quarter was up 5.9% compared to the same quarter last year. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, sell-side analysts expect that Walmart Inc. will post 2.87 EPS for the current year.

Insider Activity

In other Walmart news, EVP Daniel Danker sold 50,644 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the sale, the executive vice president owned 201,672 shares of the company’s stock, valued at approximately $21,246,145.20. This represents a 20.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Christopher Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $106.65, for a total value of $309,285.00. Following the sale, the executive vice president owned 566,253 shares of the company’s stock, valued at approximately $60,390,882.45. The trade was a 0.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 81,219 shares of company stock worth $8,604,429. 0.09% of the stock is owned by insiders.

Walmart Company Profile

Walmart Inc (NASDAQ: WMT) is a multinational retailer that operates supercenters, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its merchandise includes groceries, apparel, electronics, home goods, health and wellness products, household essentials and general merchandise. Walmart also provides services such as grocery pickup and delivery, pharmacy services, financial products and digital advertising.

The company serves customers through its Walmart U.S., Walmart International and Sam’s Club segments.