Community Bank of Raymore Purchases 6,300 Shares of Walmart Inc. $WMT

Community Bank of Raymore lifted its position in shares of Walmart Inc. (NASDAQ:WMT) by 153.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,396 shares of the retailer’s stock after purchasing an additional 6,300 shares during the quarter. Community Bank of Raymore’s holdings in Walmart were worth $1,071,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Lake Hills Wealth Management LLC acquired a new position in Walmart in the third quarter valued at about $548,000. Capital Insight Partners LLC lifted its holdings in shares of Walmart by 0.7% during the 3rd quarter. Capital Insight Partners LLC now owns 24,390 shares of the retailer’s stock valued at $2,514,000 after purchasing an additional 163 shares in the last quarter. TCI Wealth Advisors Inc. grew its position in shares of Walmart by 0.6% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 20,132 shares of the retailer’s stock valued at $2,075,000 after purchasing an additional 126 shares during the period. Diversified Enterprises LLC grew its position in shares of Walmart by 3.3% in the 3rd quarter. Diversified Enterprises LLC now owns 18,471 shares of the retailer’s stock valued at $1,904,000 after purchasing an additional 596 shares during the period. Finally, First Bank & Trust increased its stake in Walmart by 34.7% during the 3rd quarter. First Bank & Trust now owns 11,404 shares of the retailer’s stock worth $1,175,000 after purchasing an additional 2,937 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

WMT opened at $112.60 on Tuesday. The business’s 50-day simple moving average is $107.82 and its 200 day simple moving average is $102.20. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $117.45. 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 firm has a market capitalization of $897.44 billion, a PE ratio of 39.37, a PEG ratio of 5.28 and a beta of 0.64.

Walmart (NASDAQ:WMT) last issued its 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. The business had revenue of $179.50 billion for the quarter, compared to the consensus estimate 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 period in the previous year, the company 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 expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WMT. Robert W. Baird lifted their price target on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Royal Bank Of Canada reiterated an “outperform” rating and set a $123.00 target price on shares of Walmart in a report on Tuesday, December 9th. KeyCorp reissued an “overweight” rating and issued a $120.00 price target (up previously from $110.00) on shares of Walmart in a research note on Friday, November 21st. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $123.00 price objective (up from $111.00) 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $120.54.

Insiders Place Their Bets

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares in the company, valued at approximately $96,241,073.20. This represents a 1.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the sale, the chief executive officer directly owned 4,373,576 shares of the company’s stock, valued at $451,396,778.96. This represents a 0.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 127,828 shares of company stock valued at $13,745,625. 0.10% of the stock is owned by insiders.

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.