25,198 Shares in Walmart Inc. $WMT Bought by L2 Asset Management LLC

L2 Asset Management LLC bought a new position in shares of Walmart Inc. (NASDAQ:WMT) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 25,198 shares of the retailer’s stock, valued at approximately $2,854,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Entrust Financial LLC acquired a new stake in Walmart in the 4th quarter valued at approximately $27,000. Merkkuri Wealth Advisors LLC acquired a new position in Walmart during the 1st quarter worth approximately $29,000. Bay Harbor Wealth Management LLC boosted its position in Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after acquiring an additional 105 shares during the last quarter. Sankala Group LLC bought a new position in shares of Walmart during the 4th quarter worth approximately $33,000. Finally, Motiv8 Investments LLC bought a new position in shares of Walmart during the 4th quarter worth approximately $34,000. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

NASDAQ:WMT opened at $103.09 on Friday. The stock has a market capitalization of $820.40 billion, a PE ratio of 37.22, a P/E/G ratio of 3.90 and a beta of 0.61. Walmart Inc. has a 1-year low of $95.79 and a 1-year high of $135.15. The firm has a fifty day simple moving average of $111.90 and a 200 day simple moving average of $120.45. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.07. The firm had revenue of $187.94 billion for the quarter, compared to analyst estimates of $186.64 billion. Walmart had a net margin of 3.00% and a return on equity of 21.83%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 earnings per share. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. On average, research analysts expect that Walmart Inc. will post 2.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $130.00 price objective on shares of Walmart in a research report on Friday, August 21st. DA Davidson set a $132.00 target price on shares of Walmart and gave the company a “buy” rating in a research report on Friday, August 21st. Roth Capital reiterated a “buy” rating on shares of Walmart in a research note on Friday, August 21st. Jefferies Financial Group reissued a “buy” rating and set a $120.00 price target on shares of Walmart in a research report on Friday, August 21st. Finally, Truist Financial set a $114.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research note on Friday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $131.88.

Insider Activity

In other news, EVP Daniel J. Bartlett sold 3,775 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the sale, the executive vice president directly owned 630,009 shares of the company’s stock, valued at approximately $69,074,186.76. This represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel Danker sold 50,644 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total transaction of $5,335,345.40. Following the completion of the sale, the executive vice president owned 201,672 shares of the company’s stock, valued at $21,246,145.20. This trade represents a 20.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 77,292 shares of company stock valued at $8,421,143 over the last quarter. 0.09% of the stock is currently owned by company insiders.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart’s fiscal second-quarter results showed continued momentum beyond traditional store sales: revenue reached approximately $187.9 billion, global e-commerce grew 23%, and advertising revenue increased 38%. These higher-growth businesses could support future margins and cash flow. Walmart Growth Engine Hums
• Positive Sentiment: Analysts and commentary continue to point to Walmart’s expanding e-commerce, digital advertising, memberships, convenience-led fulfillment, automation and AI initiatives as reasons the recent decline could represent a long-term buying opportunity. Walmart’s scale and value-focused pricing remain important competitive advantages. Walmart Continues to Grow Beyond Retail
• Neutral Sentiment: Walmart settled a U.S. Justice Department lawsuit alleging that its pharmacies unlawfully contributed to the opioid epidemic. Resolving the case removes an overhang and reduces legal uncertainty, although the financial terms and any broader implications remain important for investors. Walmart Settles U.S. Opioid Lawsuit
• Negative Sentiment: Recent coverage highlights a potentially tougher consumer environment. Walmart’s comparable sales growth was 3.4% excluding pharmacy-related items, while middle-income shoppers appear increasingly focused on necessities and limiting discretionary purchases. Walmart and Home Depot Results
• Negative Sentiment: Investors are also questioning whether Walmart’s valuation adequately reflects its strong performance. A high earnings multiple, slower core sales growth and the stock’s position below its moving averages have amplified the impact of the recent selloff. Walmart Selloff Analysis
• Negative Sentiment: Executive Vice President Daniel Danker sold 50,644 shares worth approximately $5.3 million. The sale was made under a pre-arranged Rule 10b5-1 plan to cover taxes on vested equity awards, making it a weaker bearish signal than discretionary insider selling. Walmart Insider Trading Filing

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.