Walmart Inc. $WMT Shares Purchased by Opes Wealth Management LLC

Opes Wealth Management LLC grew its stake in shares of Walmart Inc. (NYSE:WMT) by 513.4% in the second quarter, HoldingsChannel reports. The fund owned 21,058 shares of the retailer’s stock after buying an additional 17,625 shares during the quarter. Opes Wealth Management LLC’s holdings in Walmart were worth $2,059,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in WMT. Brighton Jones LLC lifted its position in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares during the period. Mainstream Capital Management LLC lifted its stake in shares of Walmart by 13.6% during the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after purchasing an additional 1,474 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Walmart by 13.9% during the first quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock worth $7,940,000 after purchasing an additional 11,018 shares in the last quarter. Finally, Berkshire Money Management Inc. purchased a new stake in shares of Walmart in the first quarter worth about $260,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WMT has been the topic of several recent research reports. Bank of America boosted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Telsey Advisory Group reissued an “outperform” rating and issued a $118.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. Finally, Truist Financial dropped 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. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $113.07.

Walmart Stock Performance

WMT stock opened at $106.77 on Friday. The stock’s 50 day simple moving average is $102.04 and its 200 day simple moving average is $98.44. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57. The firm has a market cap of $851.29 billion, a P/E ratio of 40.14, a P/E/G ratio of 5.05 and a beta of 0.67. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate 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 previous year, the firm 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. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the sale, the executive vice president owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This trade represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the transaction, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. This represents a 0.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 131,622 shares of company stock valued at $13,444,273 over the last quarter. 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.