Prospera Financial Services Inc Has $44.04 Million Stock Position in Walmart Inc. $WMT

Prospera Financial Services Inc lifted its holdings in Walmart Inc. (NYSE:WMT) by 32.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 450,306 shares of the retailer’s stock after purchasing an additional 111,531 shares during the period. Walmart accounts for about 0.8% of Prospera Financial Services Inc’s investment portfolio, making the stock its 16th biggest holding. Prospera Financial Services Inc’s holdings in Walmart were worth $44,035,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Access Investment Management LLC bought a new stake in Walmart during the second quarter worth approximately $26,000. Operose Advisors LLC raised its position in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC lifted its stake in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the last quarter. Bear Mountain Capital Inc. boosted its holdings in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after buying an additional 167 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd grew its stake in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. dropped their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Erste Group Bank raised Walmart from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Piper Sandler reiterated an “overweight” rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Truist Financial lowered their price objective on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Finally, Bank of America upped their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares in the company, valued at approximately $96,241,073.20. This represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $101.18, for a total value of $222,596.00. Following the completion of the sale, the executive vice president owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 151,038 shares of company stock worth $15,531,616 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Walmart Trading Up 0.9%

WMT stock opened at $102.60 on Friday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. 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’s 50 day moving average is $103.02 and its 200-day moving average is $99.43. The firm has a market cap of $818.01 billion, a P/E ratio of 38.57, a P/E/G ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart 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.