Balentine LLC Acquires 127 Shares of Walmart Inc. $WMT

Balentine LLC grew its holdings in Walmart Inc. (NYSE:WMT) by 1.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 8,094 shares of the retailer’s stock after purchasing an additional 127 shares during the period. Balentine LLC’s holdings in Walmart were worth $791,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Brighton Jones LLC boosted its holdings in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after acquiring an additional 485 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of Walmart by 4.8% during the 1st quarter. Golden State Wealth Management LLC now owns 16,981 shares of the retailer’s stock valued at $1,491,000 after acquiring an additional 777 shares in the last quarter. Davidson Trust Co. boosted its holdings in shares of Walmart by 62.0% during the 1st quarter. Davidson Trust Co. now owns 7,996 shares of the retailer’s stock valued at $702,000 after acquiring an additional 3,059 shares in the last quarter. Finally, Moody Aldrich Partners LLC acquired a new stake in shares of Walmart during the 1st quarter valued at $536,000. Institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other news, EVP John R. Furner sold 13,125 shares of the business’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 of the company’s stock, valued at $90,586,075.95. The trade was a 1.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the transaction, the chief executive officer directly owned 4,373,576 shares in the company, valued at $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 148,838 shares of company stock valued at $15,309,020 over the last 90 days. 0.10% of the stock is owned by company insiders.

Walmart Stock Down 1.0%

Shares of NYSE:WMT opened at $101.25 on Friday. The company has a market capitalization of $807.23 billion, a price-to-earnings ratio of 38.06, a P/E/G ratio of 4.83 and a beta of 0.67. 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 business’s 50-day moving average is $102.46 and its 200-day moving average is $99.11. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57.

Walmart (NYSE:WMT) last announced its quarterly earnings data 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). The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Oppenheimer raised their price objective on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Wolfe Research assumed coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price on the stock. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Tigress Financial lifted their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $111.00 target price (up from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $113.40.

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.