Baker Boyer National Bank Invests $221,000 in Walmart Inc. $WMT

Baker Boyer National Bank purchased a new position in shares of Walmart Inc. (NYSE:WMT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,258 shares of the retailer’s stock, valued at approximately $221,000.

A number of other large investors also recently modified their holdings of WMT. Operose Advisors LLC raised its stake in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC raised its stake in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares in the last quarter. Bear Mountain Capital Inc. raised its stake in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after purchasing an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC raised its stake in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on WMT shares. Bank of America upped their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Oppenheimer upped their price target on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Evercore ISI reiterated an “outperform” rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Finally, Tigress Financial upped their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average price target of $112.63.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $103.74, for a total value of $1,361,587.50. Following the transaction, the executive vice president owned 906,064 shares in the company, valued at $93,995,079.36. This trade represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president owned 645,968 shares in the company, valued at approximately $66,993,341.28. This represents a 0.25% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 149,488 shares of company stock valued at $14,917,151. 0.10% of the stock is currently owned by company insiders.

Walmart Price Performance

Shares of WMT stock opened at $107.15 on Wednesday. The stock’s fifty day moving average is $101.43 and its 200-day moving average is $97.53. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The stock has a market capitalization of $854.27 billion, a PE ratio of 40.28, a PEG ratio of 4.81 and a beta of 0.67. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $107.92.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate 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 return on equity of 21.45% and a net margin of 3.08%.Walmart’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company 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. Equities research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

About Walmart

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.