Walmart Inc. $WMT Position Raised by Brighton Jones LLC

Brighton Jones LLC raised its position in Walmart Inc. (NASDAQ:WMT) by 34.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 125,872 shares of the retailer’s stock after acquiring an additional 32,358 shares during the quarter. Brighton Jones LLC’s holdings in Walmart were worth $12,972,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in WMT. Access Investment Management LLC acquired a new position in shares of Walmart during the 2nd quarter valued at $26,000. PFS Partners LLC grew its holdings in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares in the last quarter. Ridgewood Investments LLC lifted its position in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares in the last quarter. Livelsberger Financial Advisory acquired a new stake in shares of Walmart during the second quarter worth approximately $44,000. Finally, Harbor Asset Planning Inc. purchased a new stake in shares of Walmart during the second quarter worth $46,000. 26.76% of the stock is currently owned by institutional investors.

Walmart Trading Down 1.5%

Shares of NASDAQ:WMT opened at $112.60 on Tuesday. The company’s fifty day simple moving average is $107.82 and its 200 day simple moving average is $102.20. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $117.45. The firm has a market cap of $897.44 billion, a price-to-earnings ratio of 39.37, a PEG ratio of 5.28 and a beta of 0.64. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WMT. BTIG Research reiterated a “buy” rating and issued a $125.00 price objective (up from $120.00) on shares of Walmart in a report on Friday, November 21st. BMO Capital Markets lifted their price objective on Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Wolfe Research began coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price for the company. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $122.00 price objective (up previously from $118.00) 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $120.54.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the transaction, the chief executive officer directly owned 4,334,747 shares of the company’s stock, valued at approximately $474,958,228.79. The trade was a 0.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $114.91, for a total value of $1,508,193.75. Following the sale, the executive vice president directly owned 733,841 shares of the company’s stock, valued at $84,325,669.31. This represents a 1.76% 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 company insiders.

Walmart Company Profile

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.