Turn8 Private Wealth Inc. Buys 536 Shares of Walmart Inc. $WMT

Turn8 Private Wealth Inc. boosted its stake in Walmart Inc. (NYSE:WMT) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,765 shares of the retailer’s stock after acquiring an additional 536 shares during the period. Walmart accounts for about 2.9% of Turn8 Private Wealth Inc.’s holdings, making the stock its 13th biggest position. Turn8 Private Wealth Inc.’s holdings in Walmart were worth $4,008,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Access Investment Management LLC bought a new stake in shares of Walmart in the 2nd quarter worth approximately $26,000. Operose Advisors LLC grew its holdings in Walmart by 319.7% during 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 during the period. PFS Partners LLC increased its position in Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the last quarter. 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 buying an additional 115 shares during the period. Finally, 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 buying an additional 167 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $98.55, for a total value of $1,293,468.75. Following the transaction, the executive vice president directly owned 919,189 shares in the company, valued at $90,586,075.95. This represents a 1.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 151,038 shares of company stock worth $15,531,616. Company insiders own 0.10% of the company’s stock.

Walmart Trading Up 1.0%

Shares of Walmart stock opened at $103.43 on Wednesday. The company’s 50-day moving average price is $103.25 and its 200-day moving average price is $99.60. 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 12-month low of $79.81 and a 12-month high of $109.57. The company has a market cap of $824.63 billion, a price-to-earnings ratio of 38.88, a PEG ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period last year, the company posted $0.67 EPS. The business’s revenue was up 4.8% on a year-over-year basis. 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 expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on WMT. The Goldman Sachs Group increased their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Royal Bank Of Canada set a $116.00 price target on shares of Walmart and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Finally, Piper Sandler restated an “overweight” rating and set a $111.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Thirty-two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $113.43.

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.