LMG Wealth Partners LLC Has $16.96 Million Stake in Walmart Inc. $WMT

LMG Wealth Partners LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 0.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 173,434 shares of the retailer’s stock after selling 1,570 shares during the period. Walmart comprises approximately 3.5% of LMG Wealth Partners LLC’s investment portfolio, making the stock its 2nd biggest position. LMG Wealth Partners LLC’s holdings in Walmart were worth $16,958,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC lifted its stake in shares of Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares during the last quarter. Nuveen LLC bought a new position in shares of Walmart in the 1st quarter valued at $2,532,331,000. Goldman Sachs Group Inc. lifted its stake in shares of Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after acquiring an additional 7,706,201 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Walmart by 527.1% in the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after acquiring an additional 5,664,484 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board lifted its stake in shares of Walmart by 28,684.8% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after acquiring an additional 4,214,661 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

Shares of Walmart stock opened at $107.80 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The business has a 50-day moving average price of $101.69 and a two-hundred day moving average price of $98.00. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The company has a market cap of $859.50 billion, a P/E ratio of 40.53, a PEG ratio of 5.08 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its quarterly 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 business had revenue of $169.34 billion for the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the previous year, the business posted $0.67 earnings per share. 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, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. DA Davidson set a $117.00 target price on Walmart in a research report on Wednesday. JPMorgan Chase & Co. lowered their target price on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $118.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $111.00 target price on shares of Walmart in a research report on Wednesday, September 24th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $112.63.

Insider Activity

In other Walmart news, EVP Daniel J. Bartlett sold 1,550 shares of the stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total transaction of $166,563.00. Following the completion of the sale, the executive vice president directly owned 644,418 shares in the company, valued at approximately $69,249,158.28. This trade represents a 0.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 147,038 shares of company stock worth $14,869,054. 0.10% of the stock is owned by insiders.

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.