Fiduciary Alliance LLC Raises Stock Position in Walmart Inc. $WMT

Fiduciary Alliance LLC raised its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 12.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 104,421 shares of the retailer’s stock after acquiring an additional 11,426 shares during the quarter. Fiduciary Alliance LLC’s holdings in Walmart were worth $10,762,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after purchasing an additional 5,856,468 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its holdings in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Walmart by 0.3% during the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after buying an additional 263,718 shares during the last quarter. Norges Bank bought a new stake in shares of Walmart during the second quarter valued at approximately $5,367,770,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Walmart by 3.6% in the second quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock worth $3,126,775,000 after buying an additional 1,098,342 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the completion of the transaction, the executive vice president directly owned 879,815 shares of the company’s stock, valued at $92,160,621.25. The trade was a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Friday, November 28th. The shares were sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the completion of the sale, the chief executive officer directly owned 4,334,747 shares in the company, valued at approximately $474,958,228.79. This represents a 0.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 110,703 shares of company stock valued at $11,776,591 over the last 90 days. 0.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

WMT has been the subject of several research analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a $125.00 target price (up from $115.00) on shares of Walmart in a research note on Friday, November 21st. Tigress Financial increased their price objective on shares of Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Wells Fargo & Company set a $120.00 price objective on Walmart and gave the company an “overweight” rating in a research report on Friday, November 21st. DA Davidson set a $130.00 target price on Walmart and gave the stock a “buy” rating in a research report on Friday, November 21st. Finally, Cowen reissued a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $120.18.

Walmart Stock Down 0.7%

Shares of NASDAQ:WMT opened at $114.83 on Friday. The company has a market cap of $915.21 billion, a price-to-earnings ratio of 40.15, a PEG ratio of 5.34 and a beta of 0.64. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $117.45. 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 company has a 50-day moving average price of $107.36 and a 200 day moving average price of $101.97.

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

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.