Bollard Group LLC Acquires 17,033 Shares of Walmart Inc. $WMT

Bollard Group LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 6.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 292,403 shares of the retailer’s stock after purchasing an additional 17,033 shares during the period. Walmart makes up about 0.7% of Bollard Group LLC’s holdings, making the stock its 20th biggest position. Bollard Group LLC’s holdings in Walmart were worth $28,591,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Access Investment Management LLC acquired a new position in shares of Walmart during the 2nd quarter valued at $26,000. Operose Advisors LLC raised 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 period. PFS Partners LLC boosted its position in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares in the last quarter. Ridgewood Investments LLC grew its stake in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd increased its position in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the transaction, the executive vice president directly owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $103.47, for a total value of $3,104,100.00. Following the sale, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 158,013 shares of company stock worth $16,657,847. 0.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on WMT shares. Piper Sandler restated an “overweight” rating and set a $123.00 price objective (up previously from $111.00) on shares of Walmart in a report on Friday, November 21st. BTIG Research restated a “buy” rating and set a $125.00 price target (up previously from $120.00) on shares of Walmart in a research note on Friday, November 21st. Sanford C. Bernstein restated an “outperform” rating and set a $122.00 price objective (up previously from $118.00) on shares of Walmart in a report on Friday, November 21st. Cowen reiterated a “buy” rating on shares of Walmart in a report on Monday, November 10th. Finally, Guggenheim reissued a “buy” rating and set a $120.00 target price (up from $115.00) on shares of Walmart in a research report on Friday, November 21st. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $119.00.

Walmart Stock Performance

Shares of WMT opened at $115.22 on Friday. The company has a market capitalization of $918.32 billion, a price-to-earnings ratio of 40.29, a PEG ratio of 5.32 and a beta of 0.64. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $116.27. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. The stock has a 50 day moving average of $105.07 and a 200 day moving average of $100.85.

Walmart (NYSE:WMT) last posted its quarterly 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. The company had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

About Walmart

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.