Thurston Springer Miller Herd & Titak Inc. Acquires 7,503 Shares of Walmart Inc. $WMT

Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Walmart Inc. (NYSE:WMT) by 12.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 66,380 shares of the retailer’s stock after purchasing an additional 7,503 shares during the quarter. Walmart comprises about 0.8% of Thurston Springer Miller Herd & Titak Inc.’s holdings, making the stock its 13th biggest holding. Thurston Springer Miller Herd & Titak Inc.’s holdings in Walmart were worth $6,491,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in WMT. Nuveen LLC bought a new position in shares of Walmart in the first quarter valued at about $2,532,331,000. GAMMA Investing LLC raised its holdings in Walmart by 9,896.9% during the 1st quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer’s stock worth $697,029,000 after purchasing an additional 7,860,306 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in 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 purchasing an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP raised its holdings in 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 purchasing an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board raised its holdings in 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 purchasing an additional 4,214,661 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Performance

Shares of WMT stock opened at $103.48 on Friday. 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 stock has a market cap of $825.03 billion, a PE ratio of 38.90, a price-to-earnings-growth ratio of 4.93 and a beta of 0.65. The stock has a 50-day moving average of $98.71 and a 200-day moving average of $95.40. Walmart Inc. has a one year low of $77.49 and a one year high of $105.30.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the firm posted $0.67 earnings per share. Walmart’s revenue for the quarter 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, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $95.85, for a total value of $1,258,031.25. Following the completion of the transaction, the executive vice president directly owned 945,434 shares in the company, valued at approximately $90,619,848.90. The trade was a 1.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $95.14, for a total value of $380,560.00. Following the completion of the transaction, the executive vice president owned 1,056,455 shares of the company’s stock, valued at $100,511,128.70. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 121,382 shares of company stock valued at $11,718,441 over the last 90 days. 0.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on WMT. Tigress Financial boosted their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Evercore ISI reissued an “outperform” rating and set a $110.00 price objective (up from $108.00) on shares of Walmart in a report on Monday, August 18th. Telsey Advisory Group boosted their price objective on Walmart from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Friday, August 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $106.00 price objective on shares of Walmart in a report on Friday, August 22nd. Finally, Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Walmart presently has a consensus rating of “Buy” and an average price target of $110.76.

Walmart Company 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.