Journey Strategic Wealth LLC Grows Stock Holdings in Walmart Inc. $WMT

Journey Strategic Wealth LLC increased its stake in shares of Walmart Inc. (NYSE:WMT) by 46.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 39,111 shares of the retailer’s stock after purchasing an additional 12,373 shares during the quarter. Journey Strategic Wealth LLC’s holdings in Walmart were worth $3,824,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of WMT. Access Investment Management LLC bought a new stake in shares of Walmart during the second quarter worth $26,000. Operose Advisors LLC grew its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC raised its position in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after buying an additional 294 shares during the period. Finally, Ridgewood Investments LLC increased its stake in shares of Walmart by 55.3% during 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 period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on WMT. Tigress Financial increased their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Wolfe Research started coverage on shares of Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective on the stock. DA Davidson set a $117.00 target price on Walmart in a report on Wednesday, October 15th. Guggenheim reiterated a “buy” rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, Piper Sandler reissued an “overweight” rating and issued a $111.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $115.18.

Walmart Stock Up 6.4%

WMT stock opened at $107.04 on Friday. The stock has a market capitalization of $853.40 billion, a PE ratio of 40.24, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average of $103.49 and a 200 day moving average of $99.85.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same quarter last year, the company posted $0.58 earnings per share. The business’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the sale, the executive vice president owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total transaction of $222,926.00. Following the completion of the sale, the executive vice president owned 621,718 shares in the company, valued at approximately $62,998,684.94. This trade represents a 0.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 133,888 shares of company stock valued at $13,835,383 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

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.