Canvas Wealth Advisors LLC Has $2.05 Million Stock Position in Walmart Inc. $WMT

Canvas Wealth Advisors LLC lifted its holdings in shares of Walmart Inc. (NYSE:WMT) by 18.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,001 shares of the retailer’s stock after purchasing an additional 3,292 shares during the period. Canvas Wealth Advisors LLC’s holdings in Walmart were worth $2,050,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of WMT. Brighton Jones LLC raised its stake in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares during the last quarter. Mainstream Capital Management LLC raised its stake in Walmart by 13.6% during the first quarter. Mainstream Capital Management LLC now owns 12,345 shares of the retailer’s stock worth $1,084,000 after buying an additional 1,474 shares during the last quarter. GAMMA Investing LLC raised its stake in Walmart by 13.9% during the first quarter. GAMMA Investing LLC now owns 90,440 shares of the retailer’s stock worth $7,940,000 after buying an additional 11,018 shares during the last quarter. Finally, Retirement Planning Group LLC NY increased its stake in Walmart by 6.5% in the first quarter. Retirement Planning Group LLC NY now owns 5,595 shares of the retailer’s stock valued at $491,000 after purchasing an additional 341 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on WMT shares. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. Evercore ISI reiterated an “outperform” rating and set a $110.00 price objective (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. BTIG Research initiated coverage on shares of Walmart in a report on Tuesday, October 14th. They set a “buy” rating and a $120.00 price objective on the stock. Guggenheim reissued a “buy” rating and set a $115.00 price objective (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Finally, The Goldman Sachs Group boosted their price objective on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $112.63.

Insider Activity

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president 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 filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 147,038 shares of company stock worth $14,869,054. Corporate insiders own 0.10% of the company’s stock.

Walmart Stock Up 1.3%

Shares of NYSE:WMT opened at $107.80 on Monday. The firm has a fifty day moving average price of $101.69 and a two-hundred day moving average price of $98.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a one year low of $79.81 and a one year high of $109.57. The company has a market cap of $859.50 billion, a price-to-earnings ratio of 40.53, a PEG ratio of 5.08 and a beta of 0.67.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 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 firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the business earned $0.67 earnings per share. The firm’s revenue for the quarter 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. Analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal 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.