Walmart Inc. $WMT Shares Bought by MOKAN Wealth Management Inc.

MOKAN Wealth Management Inc. increased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 28.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,585 shares of the retailer’s stock after acquiring an additional 12,274 shares during the quarter. Walmart comprises 2.9% of MOKAN Wealth Management Inc.’s portfolio, making the stock its 10th biggest holding. MOKAN Wealth Management Inc.’s holdings in Walmart were worth $5,729,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC increased its stake in shares of Walmart by 1.0% during the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after purchasing an additional 96 shares during the period. Atlas Legacy Advisors LLC increased its holdings in shares of Walmart by 1.1% during the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares during the period. Meridian Wealth Partners LLC raised its position in shares of Walmart by 2.1% in the second quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after buying an additional 99 shares in the last quarter. Hemington Wealth Management lifted its position in shares of Walmart by 1.8% during the 3rd quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after acquiring an additional 99 shares during the period. Finally, Boomfish Wealth Group LLC increased its position in shares of Walmart by 2.7% in the third quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock worth $381,000 after purchasing an additional 99 shares during the period. 26.76% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Donna Morris sold 9,384 shares of Walmart stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $120.19, for a total transaction of $1,127,862.96. Following the transaction, the executive vice president owned 536,312 shares in the company, valued at approximately $64,459,339.28. The trade was a 1.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Chojnowski sold 7,000 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total value of $746,550.00. Following the completion of the sale, the senior vice president owned 136,289 shares of the company’s stock, valued at $14,535,221.85. The trade was a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 115,799 shares of company stock valued at $12,990,803. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WMT. BTIG Research reiterated a “buy” rating and set a $125.00 price objective on shares of Walmart in a research note on Wednesday, January 14th. Wall Street Zen lowered shares of Walmart from a “buy” rating to a “hold” rating in a research report on Sunday, January 18th. Robert W. Baird boosted their price objective on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. CICC Research initiated coverage on Walmart in a report on Friday, December 26th. They issued an “outperform” rating and a $125.00 target price on the stock. Finally, Tigress Financial lifted their price target on Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Thirty-two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.03.

Walmart Price Performance

Walmart stock opened at $117.81 on Friday. The stock has a 50-day moving average price of $112.76 and a two-hundred day moving average price of $105.07. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $121.62. The company has a market capitalization of $938.93 billion, a PE ratio of 41.19, a P/E/G ratio of 5.09 and a beta of 0.66. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The company had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the prior year, the firm posted $0.58 earnings per share. The firm’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

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.