Fifth Third Wealth Advisors LLC Purchases 7,439 Shares of Walmart Inc. $WMT

Fifth Third Wealth Advisors LLC boosted its position in Walmart Inc. (NYSE:WMT) by 4.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 166,421 shares of the retailer’s stock after purchasing an additional 7,439 shares during the period. Walmart makes up approximately 0.7% of Fifth Third Wealth Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Fifth Third Wealth Advisors LLC’s holdings in Walmart were worth $16,273,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. One Degree Advisors Inc bought a new stake in Walmart in the second quarter worth about $261,000. Trust Co. of Toledo NA OH lifted its stake in Walmart by 6.3% in the second quarter. Trust Co. of Toledo NA OH now owns 27,317 shares of the retailer’s stock worth $2,671,000 after purchasing an additional 1,625 shares during the last quarter. Bernard Wealth Management Corp. lifted its stake in Walmart by 2.6% in the second quarter. Bernard Wealth Management Corp. now owns 24,047 shares of the retailer’s stock worth $2,351,000 after purchasing an additional 602 shares during the last quarter. KFA Private Wealth Group LLC lifted its stake in Walmart by 92.7% in the second quarter. KFA Private Wealth Group LLC now owns 12,484 shares of the retailer’s stock worth $1,221,000 after purchasing an additional 6,005 shares during the last quarter. Finally, Drucker Wealth 3.0 LLC lifted its stake in Walmart by 17.2% in the second quarter. Drucker Wealth 3.0 LLC now owns 6,731 shares of the retailer’s stock worth $652,000 after purchasing an additional 989 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of NYSE:WMT 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 price-to-earnings-growth ratio of 4.80 and a beta of 0.67. Walmart Inc. has a 52 week low of $79.37 and a 52 week high of $106.11. 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 $101.22 and a 200 day moving average of $97.26.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm 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, sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president directly owned 932,313 shares in the company, valued at $88,700,258.82. This represents a 1.39% 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 valued at $15,083,877 over the last three months. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research reports. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. Guggenheim reissued a “buy” rating and issued a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Evercore ISI reissued 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. JPMorgan Chase & Co. dropped their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Finally, Bank of America increased their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Thirty investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.