Seaside Wealth Management Inc. raised its holdings in shares of Walmart Inc. (NYSE:WMT – Free Report) by 2.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,979 shares of the retailer’s stock after purchasing an additional 136 shares during the period. Seaside Wealth Management Inc.’s holdings in Walmart were worth $585,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Operose Advisors LLC increased its position in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares in the last quarter. Bear Mountain Capital Inc. increased its position in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after purchasing an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares in the last quarter. EQ Wealth Advisors LLC acquired a new position in shares of Walmart during the first quarter worth $35,000. Finally, Lipe & Dalton increased its position in shares of Walmart by 95.2% during the first quarter. Lipe & Dalton now owns 410 shares of the retailer’s stock worth $36,000 after purchasing an additional 200 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Walmart
In other news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the completion of the sale, the executive vice president owned 919,189 shares in the company, valued at $90,586,075.95. This trade represents a 1.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the sale, the executive vice president owned 623,918 shares of the company’s stock, valued at $60,750,895.66. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 151,232 shares of company stock worth $14,822,719. Insiders own 0.10% of the company’s stock.
Walmart Trading Down 0.3%
Walmart (NYSE:WMT – Get Free Report) last announced 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 analyst estimates of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. Analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms recently issued reports on WMT. Tigress Financial upped their target price on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an “outperform” rating in a research report on Friday, August 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $106.00 target price on shares of Walmart in a research report on Friday, August 22nd. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 price target (up from $108.00) on shares of Walmart in a report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Walmart currently has an average rating of “Buy” and an average price target of $110.76.
Get Our Latest Stock Report on Walmart
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.
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