Whittier Trust Co. Purchases 143,581 Shares of Walmart Inc. $WMT

Whittier Trust Co. lifted its position in shares of Walmart Inc. (NYSE:WMT) by 54.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 406,706 shares of the retailer’s stock after acquiring an additional 143,581 shares during the quarter. Whittier Trust Co.’s holdings in Walmart were worth $39,767,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Divergent Planning LLC acquired a new stake in shares of Walmart during the second quarter worth $416,000. Syntegra Private Wealth Group LLC grew its stake in Walmart by 9.8% in the second quarter. Syntegra Private Wealth Group LLC now owns 24,453 shares of the retailer’s stock valued at $2,391,000 after acquiring an additional 2,178 shares during the period. Triton Financial Group Inc acquired a new position in Walmart in the second quarter valued at about $5,179,000. VCI Wealth Management LLC boosted its position in shares of Walmart by 7.9% during the second quarter. VCI Wealth Management LLC now owns 27,126 shares of the retailer’s stock worth $2,652,000 after buying an additional 1,978 shares during the period. Finally, Klingman & Associates LLC boosted its position in shares of Walmart by 9.8% during the second quarter. Klingman & Associates LLC now owns 10,259 shares of the retailer’s stock worth $1,003,000 after buying an additional 913 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $95.58, for a total value of $1,855,781.28. Following the completion of the transaction, the chief executive officer directly owned 4,412,398 shares of the company’s stock, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 147,038 shares of company stock worth $14,869,054 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Walmart Stock Down 0.6%

Shares of WMT opened at $107.06 on Tuesday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The stock has a market capitalization of $853.60 billion, a price-to-earnings ratio of 40.25, a PEG ratio of 5.08 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. The stock has a fifty day moving average of $101.75 and a 200-day moving average of $98.16.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (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 the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the business earned $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 anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Piper Sandler reaffirmed an “overweight” rating and set a $111.00 price objective on shares of Walmart in a research report on Wednesday, September 24th. JPMorgan Chase & Co. dropped their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 target price (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. DA Davidson set a $117.00 target price on Walmart in a research report on Wednesday, October 15th. Finally, Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $112.63.

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.