Corient Private Wealth LLC Has $201.19 Million Stake in Walmart Inc. $WMT

Corient Private Wealth LLC lowered its position in shares of Walmart Inc. (NASDAQ:WMT) by 0.5% during the second quarter, HoldingsChannel.com reports. The fund owned 2,057,598 shares of the retailer’s stock after selling 10,160 shares during the quarter. Corient Private Wealth LLC’s holdings in Walmart were worth $201,192,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in WMT. Brighton Jones LLC grew its position in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares during the period. Revolve Wealth Partners LLC boosted its stake in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares in the last quarter. Fox Run Management L.L.C. acquired a new stake in Walmart in the first quarter worth $510,000. Brooklyn Investment Group increased its stake in Walmart by 22.6% in the first quarter. Brooklyn Investment Group now owns 41,719 shares of the retailer’s stock valued at $3,662,000 after purchasing an additional 7,692 shares in the last quarter. Finally, Granite Harbor Advisors Inc. increased its stake in Walmart by 19.9% in the first quarter. Granite Harbor Advisors Inc. now owns 9,997 shares of the retailer’s stock valued at $878,000 after purchasing an additional 1,656 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

WMT has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. The Goldman Sachs Group increased their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Sanford C. Bernstein reissued an “outperform” rating and issued a $122.00 price objective (up previously from $118.00) on shares of Walmart in a research note on Friday, November 21st. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Finally, BTIG Research reiterated a “buy” rating and issued a $125.00 target price (up from $120.00) on shares of Walmart in a report on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $119.31.

Walmart Stock Performance

Shares of WMT stock opened at $116.79 on Tuesday. Walmart Inc. has a one year low of $79.81 and a one year high of $117.45. The firm has a 50-day moving average of $106.59 and a 200-day moving average of $101.66. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The company has a market cap of $930.84 billion, a P/E ratio of 40.84, a P/E/G ratio of 5.40 and a beta of 0.64.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same period in the previous year, the firm earned $0.58 EPS. The firm’s quarterly 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 forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the completion of the transaction, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. This represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares of the company’s stock, valued at approximately $112,540,026.25. This trade represents a 0.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 126,403 shares of company stock worth $13,386,774 over the last quarter. 0.10% of the stock is currently owned by corporate insiders.

Walmart Profile

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.