Parkside Financial Bank & Trust Boosts Stock Position in Walmart Inc. $WMT

Parkside Financial Bank & Trust increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 11.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,170 shares of the retailer’s stock after buying an additional 6,587 shares during the period. Walmart comprises approximately 0.7% of Parkside Financial Bank & Trust’s investment portfolio, making the stock its 27th largest holding. Parkside Financial Bank & Trust’s holdings in Walmart were worth $6,275,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Access Investment Management LLC acquired a new stake in shares of Walmart in the second quarter worth approximately $26,000. Operose Advisors LLC boosted its stake in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC grew its holdings in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares in the last quarter. Ridgewood Investments LLC raised its position in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the last quarter. Finally, Bear Mountain Capital Inc. lifted its stake in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after buying an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on WMT. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. UBS Group restated a “buy” rating and issued a $122.00 price target (up from $110.00) on shares of Walmart in a research report on Thursday, October 23rd. Guggenheim reiterated a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. Finally, The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average price target of $113.40.

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated 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 owned 919,189 shares of the company’s stock, valued at approximately $90,586,075.95. This represents a 1.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the sale, the chief executive officer directly owned 4,373,576 shares in the company, valued at $451,396,778.96. This represents a 0.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 151,038 shares of company stock valued at $15,531,616 over the last three months. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Up 0.9%

Shares of WMT opened at $102.60 on Friday. 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 firm has a market cap of $818.01 billion, a P/E ratio of 38.57, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company’s 50-day moving average price is $103.02 and its 200 day moving average price is $99.43. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period last year, the firm posted $0.67 earnings per share. Walmart’s 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. On average, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current 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.