Verus Financial Partners Inc. Buys 482 Shares of Walmart Inc. $WMT

Verus Financial Partners Inc. raised its stake in shares of Walmart Inc. (NYSE:WMT) by 17.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 3,264 shares of the retailer’s stock after buying an additional 482 shares during the quarter. Verus Financial Partners Inc.’s holdings in Walmart were worth $316,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bedel Financial Consulting Inc. lifted its stake in shares of Walmart by 0.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after purchasing an additional 102 shares during the period. Scott & Selber Inc. increased its holdings in Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock valued at $256,000 after buying an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC raised its position in Walmart by 1.4% in the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock worth $684,000 after acquiring an additional 105 shares during the period. Lauterbach Financial Advisors LLC boosted its stake in shares of Walmart by 1.8% during the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer’s stock worth $517,000 after acquiring an additional 106 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC grew its position in shares of Walmart by 1.4% during the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer’s stock valued at $685,000 after acquiring an additional 106 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total value of $1,248,712.50. Following the completion of the sale, the executive vice president directly owned 932,313 shares in the company, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $15,083,877 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on WMT shares. Piper Sandler reaffirmed an “overweight” rating and issued a $111.00 target price on shares of Walmart in a report on Wednesday, September 24th. Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. Bank of America boosted their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Saturday, September 27th. Finally, Oppenheimer raised their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. Thirty research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.38.

Walmart Stock Up 0.4%

NYSE WMT opened at $102.15 on Friday. Walmart Inc. has a 12 month low of $78.98 and a 12 month high of $106.11. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market cap of $814.46 billion, a PE ratio of 38.40, a P/E/G ratio of 4.79 and a beta of 0.67. The stock’s 50 day moving average is $100.77 and its 200 day moving average is $96.61.

Walmart (NYSE:WMT) last released its quarterly earnings data 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the previous year, the business earned $0.67 EPS. The company’s quarterly revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.