Trust Co. of Toledo NA OH Buys 1,625 Shares of Walmart Inc. $WMT

Trust Co. of Toledo NA OH grew its stake in Walmart Inc. (NYSE:WMT) by 6.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,317 shares of the retailer’s stock after purchasing an additional 1,625 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in Walmart were worth $2,671,000 as of its most recent SEC filing.

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

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction that occurred on 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. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock worth $15,083,877 in the last quarter. Corporate insiders own 0.10% of the company’s stock.

Walmart Trading Up 0.1%

Shares of Walmart stock opened at $101.86 on Friday. The company has a market capitalization of $812.10 billion, a price-to-earnings ratio of 38.29, a PEG ratio of 4.80 and a beta of 0.67. 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 $79.37 and a 12-month high of $106.11. The firm’s 50-day moving average price is $101.22 and its two-hundred day moving average price is $97.26.

Walmart (NYSE:WMT) last announced its quarterly earnings data 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). The firm 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 company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company 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. On average, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of several research reports. Piper Sandler restated an “overweight” rating and issued a $111.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Oppenheimer upped their price target on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. Erste Group Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Tigress Financial upped their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Finally, Truist Financial decreased their price target on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.38.

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.