Pines Wealth Management LLC Increases Stock Holdings in Walmart Inc. $WMT

Pines Wealth Management LLC boosted its holdings in Walmart Inc. (NYSE:WMT) by 1.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 53,876 shares of the retailer’s stock after buying an additional 763 shares during the quarter. Walmart comprises approximately 1.9% of Pines Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding. Pines Wealth Management LLC’s holdings in Walmart were worth $5,299,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Whelan Financial increased its holdings in shares of Walmart by 2.3% during the 4th quarter. Whelan Financial now owns 4,339 shares of the retailer’s stock worth $392,000 after buying an additional 97 shares during the last quarter. Bedel Financial Consulting Inc. raised its holdings in shares of Walmart by 0.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after purchasing an additional 102 shares during the period. Scott & Selber Inc. lifted its stake in shares of Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock valued at $256,000 after purchasing an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its stake in shares of Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock valued at $684,000 after purchasing an additional 105 shares in the last quarter. Finally, Lauterbach Financial Advisors LLC grew its holdings in shares of Walmart by 1.8% during the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock worth $517,000 after purchasing an additional 106 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. KeyCorp raised their price target on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, June 9th. Evercore ISI restated an “outperform” rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Truist Financial decreased their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. JPMorgan Chase & Co. cut their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Finally, Oppenheimer boosted their price objective on Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $110.76.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the transaction, the chief executive officer directly owned 4,412,398 shares of the company’s stock, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the sale, the chief technology officer directly owned 1,787,200 shares in the company, valued at $184,921,584. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,232 shares of company stock worth $14,822,719 over the last ninety days. Insiders own 0.10% of the company’s stock.

Walmart Trading Down 0.3%

NYSE:WMT opened at $103.40 on Wednesday. The stock has a market cap of $824.39 billion, a price-to-earnings ratio of 38.87, a PEG ratio of 4.98 and a beta of 0.65. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a 1 year low of $77.49 and a 1 year high of $105.30. The business has a fifty day moving average of $98.93 and a 200-day moving average of $95.48.

Walmart (NYSE:WMT) last issued its quarterly earnings data 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). The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter 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 analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

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.