Cadinha & Co. LLC Cuts Stock Position in Walmart Inc. $WMT

Cadinha & Co. LLC decreased its position in shares of Walmart Inc. (NASDAQ:WMT) by 1.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 244,328 shares of the retailer’s stock after selling 4,830 shares during the period. Walmart accounts for about 3.4% of Cadinha & Co. LLC’s holdings, making the stock its 14th largest position. Cadinha & Co. LLC’s holdings in Walmart were worth $25,180,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after acquiring an additional 485 shares in the last quarter. Peterson Wealth Management boosted its holdings in Walmart by 3.5% in the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after purchasing an additional 1,715 shares during the period. Evergreen Capital Management LLC boosted its holdings in Walmart by 2.9% in the first quarter. Evergreen Capital Management LLC now owns 45,370 shares of the retailer’s stock valued at $3,994,000 after purchasing an additional 1,290 shares during the period. Finally, Activest Wealth Management grew its stake in Walmart by 46.9% during the 1st quarter. Activest Wealth Management now owns 2,401 shares of the retailer’s stock worth $211,000 after purchasing an additional 767 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Up 0.1%

Shares of NASDAQ:WMT opened at $111.74 on Friday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $117.45. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The firm’s 50-day simple moving average is $108.13 and its 200-day simple moving average is $102.56. The company has a market cap of $890.59 billion, a price-to-earnings ratio of 39.07, a PEG ratio of 5.16 and a beta of 0.64.

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

Insiders Place Their Bets

In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, December 18th. The stock was 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 in the company, valued at $84,325,669.31. The trade was a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Friday, November 28th. The stock was sold at an average price of $109.57, for a total value of $2,127,411.12. Following the completion of the transaction, the chief executive officer owned 4,334,747 shares of the company’s stock, valued at $474,958,228.79. The trade was a 0.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 108,412 shares of company stock worth $11,741,699. Corporate insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on WMT shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Guggenheim reaffirmed a “buy” rating and issued a $120.00 target price (up previously from $115.00) on shares of Walmart in a report on Friday, November 21st. DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a research note on Friday, November 21st. UBS Group set a $130.00 price objective on shares of Walmart in a research report on Wednesday, December 3rd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $123.00 price objective on shares of Walmart in a report on Tuesday, December 9th. Thirty-two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $120.69.

Walmart 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.