Walmart Inc. $WMT Shares Purchased by Westside Investment Management Inc.

Westside Investment Management Inc. boosted its position in Walmart Inc. (NYSE:WMT) by 12.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,465 shares of the retailer’s stock after purchasing an additional 1,055 shares during the quarter. Westside Investment Management Inc.’s holdings in Walmart were worth $926,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Benchmark Financial Wealth Advisors LLC raised its stake in Walmart by 3.8% in the 2nd quarter. Benchmark Financial Wealth Advisors LLC now owns 7,524 shares of the retailer’s stock valued at $736,000 after purchasing an additional 274 shares during the last quarter. MMA Asset Management LLC grew its holdings in Walmart by 6.0% in the 2nd quarter. MMA Asset Management LLC now owns 3,430 shares of the retailer’s stock valued at $335,000 after buying an additional 194 shares during the period. Carson Advisory Inc. grew its holdings in Walmart by 5.0% in the 2nd quarter. Carson Advisory Inc. now owns 11,126 shares of the retailer’s stock valued at $1,088,000 after buying an additional 533 shares during the period. Castlekeep Investment Advisors LLC grew its holdings in Walmart by 10.1% in the 2nd quarter. Castlekeep Investment Advisors LLC now owns 13,879 shares of the retailer’s stock valued at $1,357,000 after buying an additional 1,278 shares during the period. Finally, Mission Wealth Management LP grew its holdings in Walmart by 0.4% in the 2nd quarter. Mission Wealth Management LP now owns 53,696 shares of the retailer’s stock valued at $5,250,000 after buying an additional 211 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the company. JPMorgan Chase & Co. lowered their price target on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. UBS Group restated a “buy” rating and issued a $122.00 price target (up previously from $110.00) on shares of Walmart in a report on Thursday, October 23rd. The Goldman Sachs Group lifted their price target on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Royal Bank Of Canada set a $116.00 price target on Walmart and gave the company an “outperform” rating in a report on Wednesday. Finally, Bank of America lifted their price target on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $113.40.

Walmart Stock Performance

Walmart stock opened at $101.25 on Monday. The stock’s 50 day moving average price is $102.46 and its 200 day moving average price is $99.21. The firm has a market capitalization of $807.23 billion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57.

Walmart (NYSE:WMT) last released its quarterly 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 company 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 business’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $0.67 earnings per share. 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, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the transaction, the executive vice president directly owned 919,189 shares of the company’s stock, valued at approximately $90,586,075.95. The trade was a 1.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 1,048,455 shares in the company, valued at $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 148,838 shares of company stock valued at $15,309,020. 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.