12,055 Walmart Inc. $WMT Shares Purchased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. raised its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 53.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,400 shares of the retailer’s stock after purchasing an additional 12,055 shares during the quarter. Summit Wealth Group LLC Co.’s holdings in Walmart were worth $3,575,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Bank of America Corp DE acquired a new position in shares of Walmart in the 2nd quarter valued at approximately $7,455,131,000. Legal & General Group Plc acquired a new stake in shares of Walmart during the second quarter worth approximately $2,905,655,000. Canada Pension Plan Investment Board acquired a new stake in shares of Walmart during the second quarter worth approximately $796,677,000. Deutsche Bank AG increased its stake in shares of Walmart by 54.0% in the second quarter. Deutsche Bank AG now owns 18,607,297 shares of the retailer’s stock worth $2,107,462,000 after buying an additional 6,525,224 shares during the last quarter. Finally, Amundi increased its stake in shares of Walmart by 44.4% in the second quarter. Amundi now owns 20,796,957 shares of the retailer’s stock worth $2,355,463,000 after buying an additional 6,393,326 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ WMT opened at $127.69 on Tuesday. Walmart Inc. has a twelve month low of $98.88 and a twelve month high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $1.01 trillion, a price-to-earnings ratio of 46.10, a price-to-earnings-growth ratio of 4.29 and a beta of 0.58. The business has a 50 day simple moving average of $110.71 and a 200-day simple moving average of $118.44.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The firm had revenue of $187.94 billion for the quarter, compared to analysts’ expectations of $186.64 billion. During the same period last year, the business posted $0.68 earnings per share. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, equities research analysts expect that Walmart Inc. will post 2.87 earnings per share for the current year.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Potential earnings beat: Walmart’s strong history of exceeding analyst estimates, improving sales trends and favorable earnings-per-share expectations could support the stock ahead of its next quarterly report. Why Walmart Is Poised to Beat Earnings Estimates Again
• Positive Sentiment: E-commerce and AI growth: Walmart’s online sales are reportedly gaining market share faster than Amazon’s, while its expanded Sparky AI shopping assistant could increase holiday conversion rates, order frequency and average spending. Stat That Makes Walmart Hard to Ignore Can Walmart’s Expanded Sparky AI Boost Holiday Shopping and Sales?
• Positive Sentiment: Defensive retail positioning: Walmart and Costco are gaining grocery market share as consumers seek lower prices, a trend that may benefit Walmart if household budgets remain pressured. Grocery Wars Update
• Positive Sentiment: Strategic expansion: Walmart’s home-backup energy partnership with Base Power and planned investments in Texas robotics could broaden its ecosystem and improve operating efficiency over time. Walmart Probes Flipkart Claims
• Neutral Sentiment: Analyst attention: TD Cowen has initiated research coverage, while broader investor interest remains elevated. The ultimate effect will depend on the firm’s rating, price target and estimates. Walmart Research Coverage Started at TD Cowen
• Negative Sentiment: Valuation risk: With Walmart trading at roughly 42–43 times earnings, skeptics argue that its defensive reputation and growth outlook are already substantially reflected in the share price, leaving less room for disappointment. Walmart’s Defensive Reputation and Valuation
• Negative Sentiment: Reputation and compliance concerns: Walmart is investigating alleged vendor kickbacks at Flipkart, while separate coverage highlights scrutiny of employee prescription-drug benefits and a Federal Trade Commission-related customer payment. These issues could create legal, regulatory or reputational costs, although their financial impact is not yet clear. Walmart Probes Flipkart Claims Walmart Retirement Drug Benefit Report

Insider Activity

In other news, CEO John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $120.60, for a total value of $1,582,875.00. Following the completion of the transaction, the chief executive officer directly owned 634,790 shares of the company’s stock, valued at approximately $76,555,674. The trade was a 2.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher Nicholas sold 2,900 shares of Walmart stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $120.60, for a total transaction of $349,740.00. Following the completion of the transaction, the executive vice president directly owned 563,353 shares of the company’s stock, valued at $67,940,371.80. This trade represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 98,534 shares of company stock valued at $10,692,443 over the last quarter. 0.09% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on WMT. Tigress Financial reaffirmed a “buy” rating and issued a $155.00 price target on shares of Walmart in a report on Monday, August 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of Walmart in a report on Thursday. DA Davidson reissued a “buy” rating and issued a $132.00 target price on shares of Walmart in a research report on Thursday, September 10th. Robert W. Baird dropped their target price on shares of Walmart from $140.00 to $120.00 and set an “outperform” rating for the company in a research report on Friday, August 21st. Finally, BTIG Research restated a “buy” rating and issued a $140.00 target price on shares of Walmart in a research note on Thursday, September 10th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $132.41.

Walmart Company Profile

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.