10,924 Shares in Walmart Inc. $WMT Bought by National Wealth Management Group LLC

National Wealth Management Group LLC acquired a new stake in shares of Walmart Inc. (NASDAQ:WMT) in the third quarter, Holdings Channel reports. The fund acquired 10,924 shares of the retailer’s stock, valued at approximately $1,126,000.

Other large investors have also made changes to their positions in the company. Access Investment Management LLC purchased a new stake in shares of Walmart in the second quarter valued at $26,000. Roble Belko & Company Inc boosted its holdings in shares of Walmart by 212.6% during the third quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after purchasing an additional 219 shares during the period. Manning & Napier Advisors LLC purchased a new position in Walmart during the third quarter valued at approximately $39,000. Harbor Asset Planning Inc. purchased a new position in shares of Walmart during the 2nd quarter valued at $46,000. Finally, Quaker Wealth Management LLC increased its stake in shares of Walmart by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 486 shares of the retailer’s stock worth $48,000 after acquiring an additional 972 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, SVP David Chojnowski sold 7,000 shares of Walmart stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of the sale, the senior vice president directly 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Donna Morris sold 9,384 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $64,459,339.28. This represents a 1.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 135,215 shares of company stock worth $15,304,608 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on WMT. UBS Group set a $130.00 price objective on shares of Walmart in a research report on Wednesday, December 3rd. BMO Capital Markets restated an “outperform” rating on shares of Walmart in a report on Wednesday, January 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $126.00 price objective (up previously from $123.00) on shares of Walmart in a research note on Wednesday, January 14th. Piper Sandler reissued an “overweight” rating and set a $123.00 target price (up from $111.00) on shares of Walmart in a research report on Friday, November 21st. Finally, Evercore ISI set a $120.00 price objective on Walmart and gave the company an “outperform” rating in a report on Tuesday, December 16th. Thirty-two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.20.

Walmart Stock Down 0.1%

Shares of NASDAQ:WMT opened at $117.73 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The company has a market capitalization of $938.33 billion, a PE ratio of 41.16, a P/E/G ratio of 5.02 and a beta of 0.66. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $121.62. The company’s fifty day moving average is $113.07 and its 200-day moving average is $105.31.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $175.15 billion. During the same period last year, the company posted $0.58 earnings per share. The firm’s quarterly 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. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

About Walmart

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.