Garrett Wealth Advisory Group LLC Grows Stake in Walmart Inc. $WMT

Garrett Wealth Advisory Group LLC raised its stake in shares of Walmart Inc. (NYSE:WMT) by 7.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,652 shares of the retailer’s stock after purchasing an additional 1,141 shares during the quarter. Walmart makes up about 0.3% of Garrett Wealth Advisory Group LLC’s holdings, making the stock its 27th biggest holding. Garrett Wealth Advisory Group LLC’s holdings in Walmart were worth $1,530,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Access Investment Management LLC bought a new position in Walmart in the second quarter worth about $26,000. Operose Advisors LLC boosted its position in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after acquiring an additional 243 shares in the last quarter. PFS Partners LLC grew its holdings in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares during the period. Ridgewood Investments LLC raised its position in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after acquiring an additional 294 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Trading Down 0.8%

NYSE:WMT opened at $100.55 on Thursday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The stock has a market cap of $801.67 billion, a price-to-earnings ratio of 37.80, a PEG ratio of 4.83 and a beta of 0.67. The company’s 50 day moving average price is $103.40 and its 200-day moving average price is $99.80. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the sale, the executive vice president owned 1,044,455 shares in the company, valued at approximately $112,540,026.25. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. This trade represents a 0.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 133,888 shares of company stock worth $13,835,383. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Royal Bank Of Canada set a $116.00 target price on shares of Walmart and gave the company an “outperform” rating in a report on Wednesday, October 29th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $118.00 target price on shares of Walmart in a research report on Friday, November 14th. Tigress Financial lifted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Finally, BTIG Research assumed coverage on shares of Walmart in a report on Tuesday, October 14th. They issued a “buy” rating and a $120.00 price objective on the stock. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.46.

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.