Walmart Inc. $WMT Stake Boosted by waypoint wealth counsel

waypoint wealth counsel lifted its stake in Walmart Inc. (NASDAQ:WMT) by 106.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,389 shares of the retailer’s stock after acquiring an additional 6,900 shares during the quarter. waypoint wealth counsel’s holdings in Walmart were worth $1,380,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Albion Financial Group UT lifted its position in shares of Walmart by 3,033.3% in the third quarter. Albion Financial Group UT now owns 1,034 shares of the retailer’s stock worth $107,000 after buying an additional 1,001 shares during the last quarter. Pure Financial Advisors LLC increased its holdings in shares of Walmart by 10.0% during the 3rd quarter. Pure Financial Advisors LLC now owns 56,060 shares of the retailer’s stock valued at $5,778,000 after acquiring an additional 5,101 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in shares of Walmart by 28.1% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 103,107 shares of the retailer’s stock valued at $10,626,000 after acquiring an additional 22,603 shares in the last quarter. Boston Trust Walden Corp lifted its holdings in Walmart by 1.9% in the 3rd quarter. Boston Trust Walden Corp now owns 15,059 shares of the retailer’s stock worth $1,552,000 after purchasing an additional 283 shares during the last quarter. Finally, 1900 Wealth Management LLC boosted its position in Walmart by 16.6% during the third quarter. 1900 Wealth Management LLC now owns 11,611 shares of the retailer’s stock worth $1,197,000 after purchasing an additional 1,654 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on WMT. Wells Fargo & Company restated an “overweight” rating and issued a $130.00 price objective (up from $120.00) on shares of Walmart in a research note on Friday, December 19th. BMO Capital Markets raised their target price on shares of Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. BTIG Research reissued a “buy” rating and set a $125.00 target price (up previously from $120.00) on shares of Walmart in a research report on Friday, November 21st. Sanford C. Bernstein restated an “outperform” rating and set a $122.00 price target (up from $118.00) on shares of Walmart in a report on Friday, November 21st. Finally, Tigress Financial raised their price target on Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Thirty-two 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 company currently has an average rating of “Moderate Buy” and a consensus target price of $120.69.

Insider Activity

In other news, SVP David Chojnowski sold 7,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the transaction, the senior vice president directly owned 136,289 shares in the company, valued at $14,535,221.85. The trade was a 4.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the completion of the sale, the executive vice president owned 1,040,455 shares of the company’s stock, valued at $105,741,441.65. This trade represents a 0.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 125,628 shares of company stock worth $13,690,065. Insiders own 0.10% of the company’s stock.

Walmart Trading Down 0.5%

Shares of Walmart stock opened at $111.92 on Wednesday. The stock has a market cap of $892.02 billion, a P/E ratio of 39.13, a P/E/G ratio of 5.20 and a beta of 0.64. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $117.45. The business’s 50 day moving average is $108.35 and its 200-day moving average is $102.86.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same period last year, the business earned $0.58 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Company 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.