Secure Asset Management LLC Acquires 5,984 Shares of Walmart Inc. $WMT

Secure Asset Management LLC increased its holdings in Walmart Inc. (NYSE:WMT) by 18.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,241 shares of the retailer’s stock after purchasing an additional 5,984 shares during the period. Secure Asset Management LLC’s holdings in Walmart were worth $3,739,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Walmart by 5.6% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 835,331 shares of the retailer’s stock worth $81,679,000 after purchasing an additional 44,562 shares in the last quarter. KMG Fiduciary Partners LLC boosted its holdings in Walmart by 0.6% in the second quarter. KMG Fiduciary Partners LLC now owns 20,394 shares of the retailer’s stock worth $1,994,000 after purchasing an additional 131 shares in the last quarter. Signal Advisors Wealth LLC boosted its holdings in Walmart by 3.7% in the second quarter. Signal Advisors Wealth LLC now owns 76,658 shares of the retailer’s stock worth $7,496,000 after purchasing an additional 2,736 shares in the last quarter. Sunflower Bank N.A. boosted its holdings in Walmart by 12.4% in the second quarter. Sunflower Bank N.A. now owns 8,970 shares of the retailer’s stock worth $877,000 after purchasing an additional 992 shares in the last quarter. Finally, Sovran Advisors LLC boosted its holdings in Walmart by 1.2% in the second quarter. Sovran Advisors LLC now owns 18,900 shares of the retailer’s stock worth $1,835,000 after purchasing an additional 229 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

NYSE WMT opened at $104.07 on Thursday. The firm has a market cap of $829.73 billion, a price-to-earnings ratio of 39.12, a PEG ratio of 4.97 and a beta of 0.65. The company has a 50 day moving average of $99.07 and a 200-day moving average of $95.54. 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 $77.49 and a 1-year high of $106.11.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous 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. On average, equities analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Bank of America upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday. The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Truist Financial decreased their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Telsey Advisory Group upped their price target on shares of Walmart from $115.00 to $118.00 and gave the company an “outperform” rating in a report on Friday, August 22nd. Finally, Evercore ISI restated an “outperform” rating and set a $110.00 price target (up from $108.00) on shares of Walmart in a report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $111.45.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the completion of the sale, the executive vice president owned 623,918 shares of the company’s stock, valued at $60,750,895.66. This trade represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the sale, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 151,232 shares of company stock valued at $14,822,719. 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.