Lifestyle Asset Management Inc. Purchases 636 Shares of Walmart Inc. $WMT

Lifestyle Asset Management Inc. grew its position in Walmart Inc. (NYSE:WMT) by 21.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,584 shares of the retailer’s stock after purchasing an additional 636 shares during the quarter. Lifestyle Asset Management Inc.’s holdings in Walmart were worth $350,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of WMT. Nuveen LLC bought a new stake in Walmart in the 1st quarter valued at $2,532,331,000. GAMMA Investing LLC boosted its holdings in Walmart by 9,896.9% in the 1st quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer’s stock valued at $697,029,000 after purchasing an additional 7,860,306 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the period. Wellington Management Group LLP boosted its holdings in Walmart by 527.1% in the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after purchasing an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board boosted its holdings in Walmart by 28,684.8% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after purchasing an additional 4,214,661 shares during the period. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on WMT shares. KeyCorp increased their price target on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, June 9th. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. Tigress Financial boosted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Finally, Guggenheim reissued a “buy” rating and issued a $115.00 price target (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Walmart has a consensus rating of “Buy” and a consensus target price of $110.76.

Insider Activity

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The stock was 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 directly owned 623,918 shares of the company’s stock, valued at approximately $60,750,895.66. The trade was a 0.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,655 shares of the business’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $100.38, for a total value of $166,128.90. Following the sale, the executive vice president directly owned 647,578 shares of the company’s stock, valued at $65,003,879.64. This represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 119,622 shares of company stock worth $11,551,646. Corporate insiders own 0.10% of the company’s stock.

Walmart Stock Up 0.2%

Shares of NYSE WMT opened at $103.65 on Tuesday. The firm’s 50-day simple moving average is $98.80 and its 200 day simple moving average is $95.43. The company has a market cap of $826.39 billion, a price-to-earnings ratio of 38.97, a price-to-earnings-growth ratio of 4.97 and a beta of 0.65. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12-month low of $77.49 and a 12-month high of $105.30.

Walmart (NYSE:WMT) last issued its quarterly 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 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 last year, the company 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. On average, research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

About Walmart

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.