Walmart Inc. $WMT Shares Acquired by Bingham Private Wealth LLC

Bingham Private Wealth LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,038 shares of the retailer’s stock after purchasing an additional 347 shares during the quarter. Walmart accounts for about 1.3% of Bingham Private Wealth LLC’s investment portfolio, making the stock its 17th largest holding. Bingham Private Wealth LLC’s holdings in Walmart were worth $1,470,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Weatherly Asset Management L. P. lifted its stake in shares of Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after purchasing an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock valued at $3,355,000 after buying an additional 9,831 shares during the period. Ally Financial Inc. acquired a new position in Walmart during the 1st quarter worth approximately $2,107,000. Night Squared LP purchased a new position in Walmart in the 1st quarter worth approximately $1,052,000. Finally, Monument Capital Management grew its position in Walmart by 94.2% in the first quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock valued at $4,829,000 after acquiring an additional 26,685 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Guggenheim restated a “buy” rating and issued a $115.00 target price (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. JPMorgan Chase & Co. decreased their price objective on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. 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. Tigress Financial boosted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Finally, Truist Financial lowered their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Thirty investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.38.

Walmart Price Performance

Shares of NYSE WMT opened at $103.12 on Wednesday. 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 company has a market capitalization of $822.14 billion, a price-to-earnings ratio of 38.77, a price-to-earnings-growth ratio of 4.84 and a beta of 0.67. Walmart Inc. has a twelve month low of $79.07 and a twelve month high of $106.11. The business has a 50 day simple moving average of $100.97 and a 200-day simple moving average of $96.92.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS 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 during the quarter, compared to analyst estimates of $174.02 billion. During the same period in the prior year, the firm earned $0.67 EPS. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. 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, equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Transactions at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the sale, the executive vice president owned 621,718 shares of the company’s stock, valued at $62,998,684.94. The trade was a 0.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the transaction, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock worth $15,083,877 over the last 90 days. Corporate 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.