Ironwood Investment Counsel LLC Buys 2,414 Shares of Walmart Inc. $WMT

Ironwood Investment Counsel LLC increased its stake in Walmart Inc. (NYSE:WMT) by 7.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 34,380 shares of the retailer’s stock after acquiring an additional 2,414 shares during the period. Ironwood Investment Counsel LLC’s holdings in Walmart were worth $3,362,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WMT. Access Investment Management LLC purchased a new position in Walmart during the 2nd quarter valued at about $26,000. Operose Advisors LLC lifted its holdings in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after purchasing an additional 243 shares during the last quarter. PFS Partners LLC lifted 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 valued at $31,000 after purchasing an additional 233 shares during the last quarter. Ridgewood Investments LLC boosted its position in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares in the last quarter. Finally, Bear Mountain Capital Inc. grew its stake in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after buying an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 1.0%

Shares of NYSE:WMT opened at $103.43 on Wednesday. The stock’s 50-day simple moving average is $103.25 and its two-hundred day simple moving average is $99.60. The stock has a market capitalization of $824.63 billion, a price-to-earnings ratio of 38.88, a PEG 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 debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last issued 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). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same period in the previous year, the firm earned $0.67 EPS. The company’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. Analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Insider Activity

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the sale, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the sale, the chief executive officer directly owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 151,038 shares of company stock worth $15,531,616 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Guggenheim reiterated a “buy” rating and set a $115.00 price objective (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Royal Bank Of Canada set a $116.00 price target on Walmart and gave the company an “outperform” rating in a report on Wednesday, October 29th. Wolfe Research began coverage on Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. Bank of America upped their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Finally, UBS Group restated a “buy” rating and set a $122.00 price objective (up from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. Thirty-two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $113.43.

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.