FLP Wealth Management LLC Lowers Stake in Walmart Inc. $WMT

FLP Wealth Management LLC lessened its holdings in Walmart Inc. (NASDAQ:WMT) by 93.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,783 shares of the retailer’s stock after selling 39,864 shares during the quarter. Walmart comprises 0.3% of FLP Wealth Management LLC’s portfolio, making the stock its 24th largest position. FLP Wealth Management LLC’s holdings in Walmart were worth $287,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Access Investment Management LLC purchased a new stake in shares of Walmart in the 2nd quarter worth approximately $26,000. PFS Partners LLC raised its stake in 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 during the last quarter. Ridgewood Investments LLC boosted its holdings in Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after acquiring an additional 115 shares in the last quarter. Livelsberger Financial Advisory bought a new stake in Walmart in the second quarter worth $44,000. Finally, Harbor Asset Planning Inc. purchased a new stake in shares of Walmart in the second quarter worth $46,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Truist Financial set a $127.00 price target on Walmart in a research report on Wednesday, December 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $125.00 target price (up from $115.00) on shares of Walmart in a report on Friday, November 21st. Wells Fargo & Company reiterated an “overweight” rating and set a $130.00 price target (up previously from $120.00) on shares of Walmart in a report on Friday, December 19th. Evercore ISI set a $120.00 price target on shares of Walmart and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Finally, Cowen reaffirmed a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Thirty-two 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, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $120.54.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $111.23, for a total transaction of $244,706.00. Following the completion of the sale, the executive vice president directly owned 617,318 shares in the company, valued at $68,664,281.14. The trade was a 0.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the sale, the executive vice president directly owned 892,940 shares of the company’s stock, valued at $96,241,073.20. The trade was a 1.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 108,412 shares of company stock valued at $11,741,699. 0.10% of the stock is currently owned by company insiders.

Walmart Trading Up 0.6%

Shares of WMT stock opened at $111.56 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $117.45. The stock has a market capitalization of $889.15 billion, a P/E ratio of 39.01, a P/E/G ratio of 5.15 and a beta of 0.64. The firm’s 50 day moving average is $108.05 and its 200 day moving average is $102.43.

Walmart (NASDAQ:WMT) last released 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. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the prior year, the firm earned $0.58 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.