Walmart Inc. $WMT Shares Acquired by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC boosted its position in shares of Walmart Inc. (NASDAQ:WMT) by 14.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,089 shares of the retailer’s stock after buying an additional 7,925 shares during the quarter. Greenwood Capital Associates LLC’s holdings in Walmart were worth $6,605,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. KeyCorp reiterated an “overweight” rating and set a $120.00 price objective (up previously from $110.00) on shares of Walmart in a research report on Friday, November 21st. BMO Capital Markets boosted their target price on Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. CICC Research assumed coverage on Walmart in a research report on Friday. They issued an “outperform” rating and a $125.00 price target for the company. Truist Financial set a $127.00 price target on Walmart in a research note on Wednesday, December 17th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $130.00 price objective (up previously from $120.00) on shares of Walmart in a report on Friday, December 19th. Thirty-two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $120.69.

Insider Buying and Selling

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Friday, December 19th. The shares were sold at an average price of $115.21, for a total transaction of $460,840.00. Following the completion of the sale, the executive vice president owned 1,031,455 shares of the company’s stock, valued at $118,833,930.55. This trade represents a 0.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $114.91, for a total transaction of $1,508,193.75. Following the transaction, the executive vice president owned 733,841 shares in the company, valued at approximately $84,325,669.31. This represents a 1.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 108,412 shares of company stock worth $11,741,699. Insiders own 0.10% of the company’s stock.

Walmart Stock Up 0.1%

Shares of Walmart stock opened at $111.74 on Friday. The stock has a 50-day moving average price of $108.13 and a 200 day moving average price of $102.56. The company has a market cap of $890.59 billion, a P/E ratio of 39.07, a P/E/G ratio of 5.16 and a beta of 0.64. 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 1 year low of $79.81 and a 1 year high of $117.45.

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

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.