D.A. Davidson & CO. Buys 40,654 Shares of Walmart Inc. $WMT

D.A. Davidson & CO. raised its holdings in shares of Walmart Inc. (NYSE:WMT) by 10.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 434,857 shares of the retailer’s stock after purchasing an additional 40,654 shares during the period. D.A. Davidson & CO.’s holdings in Walmart were worth $42,520,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Cullen Frost Bankers Inc. lifted its position in shares of Walmart by 2.3% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 503,602 shares of the retailer’s stock worth $49,242,000 after purchasing an additional 11,419 shares during the period. St. Johns Investment Management Company LLC lifted its position in shares of Walmart by 1.5% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 38,462 shares of the retailer’s stock worth $3,761,000 after purchasing an additional 554 shares during the period. Smith Thornton Advisors LLC lifted its position in shares of Walmart by 5.6% in the 2nd quarter. Smith Thornton Advisors LLC now owns 19,670 shares of the retailer’s stock worth $1,923,000 after purchasing an additional 1,042 shares during the period. Pacific Sun Financial Corp lifted its position in shares of Walmart by 22.8% during the second quarter. Pacific Sun Financial Corp now owns 3,429 shares of the retailer’s stock valued at $335,000 after buying an additional 637 shares during the last quarter. Finally, TLW Wealth Management LLC lifted its position in shares of Walmart by 0.3% during the second quarter. TLW Wealth Management LLC now owns 161,904 shares of the retailer’s stock valued at $15,831,000 after buying an additional 445 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

WMT has been the subject of several analyst reports. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Oppenheimer increased their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. DA Davidson set a $117.00 price objective on shares of Walmart in a research report on Wednesday, October 15th. BTIG Research assumed coverage on shares of Walmart in a research report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price objective for the company. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $111.00 price objective (up from $110.00) on shares of Walmart in a research report on Tuesday. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.67.

Walmart Price Performance

Walmart stock opened at $106.30 on Wednesday. The company’s fifty day moving average price is $101.80 and its 200 day moving average price is $98.22. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The stock has a market capitalization of $847.51 billion, a P/E ratio of 39.96, a P/E/G ratio of 5.04 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 during the quarter, compared to analyst estimates of $174.02 billion. During the same period in the prior year, the business posted $0.67 EPS. Walmart’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 research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total transaction of $214,214.00. Following the transaction, the executive vice president owned 623,918 shares in the company, valued at $60,750,895.66. The trade was a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the transaction, the executive vice president owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 147,038 shares of company stock worth $14,869,054. Corporate insiders own 0.10% of the company’s stock.

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.