Endeavor Private Wealth Inc. Increases Stock Position in Walmart Inc. $WMT

Endeavor Private Wealth Inc. grew its stake in shares of Walmart Inc. (NYSE:WMT) by 6.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 9,881 shares of the retailer’s stock after buying an additional 571 shares during the quarter. Endeavor Private Wealth Inc.’s holdings in Walmart were worth $966,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Weatherly Asset Management L. P. boosted its position in Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after purchasing an additional 3,696 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its position in Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after purchasing an additional 9,831 shares during the period. Ally Financial Inc. purchased a new stake in Walmart during the 1st quarter worth $2,107,000. Night Squared LP purchased a new stake in Walmart during the 1st quarter worth $1,052,000. Finally, Monument Capital Management boosted its position in Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after purchasing an additional 26,685 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of research reports. The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research report on Wednesday. Bank of America upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Oppenheimer upped their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Finally, Guggenheim reissued a “buy” rating and issued a $115.00 price objective (up from $112.00) on shares of Walmart in a research report on Monday, August 18th. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus price target of $112.38.

Walmart Stock Performance

Shares of NYSE WMT opened at $101.86 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm’s 50-day moving average price is $101.22 and its two-hundred day moving average price is $97.18. Walmart Inc. has a 52-week low of $79.37 and a 52-week high of $106.11. The stock has a market capitalization of $812.10 billion, a P/E ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its earnings results 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the prior year, the business earned $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. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the transaction, the executive vice president owned 1,052,455 shares of the company’s stock, valued at $106,255,856.80. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares in the company, valued at $421,594,770.45. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 151,232 shares of company stock worth $15,083,877. 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.