Verus Capital Partners LLC Increases Stock Position in Walmart Inc. $WMT

Verus Capital Partners LLC raised its holdings in shares of Walmart Inc. (NYSE:WMT) by 16.7% in the second quarter, Holdings Channel reports. The institutional investor owned 17,091 shares of the retailer’s stock after acquiring an additional 2,448 shares during the period. Verus Capital Partners LLC’s holdings in Walmart were worth $1,671,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC boosted its stake in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares during the period. Revolve Wealth Partners LLC increased its holdings in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares during the period. Bleakley Financial Group LLC grew its position in Walmart by 1.7% during the first quarter. Bleakley Financial Group LLC now owns 130,569 shares of the retailer’s stock valued at $11,463,000 after buying an additional 2,215 shares during the period. Gould Asset Management LLC CA grew its stake in Walmart by 2.2% in the 1st quarter. Gould Asset Management LLC CA now owns 16,919 shares of the retailer’s stock valued at $1,485,000 after acquiring an additional 359 shares during the period. Finally, Florida Financial Advisors LLC raised its stake in Walmart by 67.8% in the 1st quarter. Florida Financial Advisors LLC now owns 25,162 shares of the retailer’s stock valued at $2,213,000 after purchasing an additional 10,170 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Down 0.2%

Shares of WMT opened at $102.40 on Tuesday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The stock has a fifty day moving average of $103.13 and a two-hundred day moving average of $99.54. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The company has a market capitalization of $816.42 billion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The firm 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%. Walmart’s revenue was up 4.8% on a year-over-year basis. During the same period last 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. As a group, analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on WMT. Telsey Advisory Group restated an “outperform” rating and set a $118.00 target price on shares of Walmart in a report on Wednesday, September 24th. Wolfe Research began coverage on Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target on the stock. Sanford C. Bernstein set a $117.00 price objective on Walmart and gave the company an “outperform” rating in a research note on Friday, August 22nd. Truist Financial decreased their target price on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Finally, DA Davidson set a $117.00 price target on Walmart in a research report on Wednesday, October 15th. Thirty-two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $113.43.

Insider Activity

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.18, for a total transaction of $222,596.00. Following the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,550 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $107.46, for a total value of $166,563.00. Following the completion of the sale, the executive vice president owned 644,418 shares of the company’s stock, valued at approximately $69,249,158.28. This trade represents a 0.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 151,038 shares of company stock valued at $15,531,616 over the last quarter. Corporate insiders own 0.10% of the company’s stock.

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.