Pinnacle Wealth Planning Services Inc. Purchases 588 Shares of Walmart Inc. $WMT

Pinnacle Wealth Planning Services Inc. boosted its holdings in Walmart Inc. (NYSE:WMT) by 2.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 23,905 shares of the retailer’s stock after buying an additional 588 shares during the period. Pinnacle Wealth Planning Services Inc.’s holdings in Walmart were worth $2,337,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of WMT. Kingstone Capital Partners Texas LLC boosted its position in shares of Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Nuveen LLC bought a new position in Walmart during the 1st quarter valued at about $2,532,331,000. Goldman Sachs Group Inc. boosted its holdings in shares of Walmart by 30.1% during 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 grew its stake in shares of Walmart by 527.1% in the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after acquiring an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board raised its holdings in shares of Walmart by 28,684.8% during the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after purchasing an additional 4,214,661 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the topic of several research reports. Telsey Advisory Group restated an “outperform” rating and issued a $118.00 target price on shares of Walmart in a report on Friday. Evercore ISI reiterated an “outperform” rating and set a $111.00 price objective (up previously from $110.00) on shares of Walmart in a research report on Tuesday, October 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Wells Fargo & Company boosted their price target on Walmart from $108.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, November 12th. Finally, Royal Bank Of Canada set a $116.00 price target on shares of Walmart and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $113.97.

Walmart Stock Performance

Shares of WMT opened at $102.97 on Tuesday. 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 business has a 50-day simple moving average of $103.42 and a two-hundred day simple moving average of $99.78. The stock has a market cap of $820.92 billion, a price-to-earnings ratio of 38.71, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57.

Walmart (NYSE:WMT) last posted 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 analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous 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. On average, analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Insiders Place Their Bets

In related news, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. This represents a 1.65% decrease in their position. The sale was disclosed in a 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 Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president directly owned 623,918 shares in the company, valued at approximately $60,750,895.66. This represents a 0.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 145,383 shares of company stock valued at $14,961,647. Insiders own 0.10% of the company’s stock.

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.