Daymark Wealth Partners LLC Boosts Stock Position in Walmart Inc. $WMT

Daymark Wealth Partners LLC raised its stake in shares of Walmart Inc. (NASDAQ:WMT) by 7.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 155,630 shares of the retailer’s stock after buying an additional 10,877 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Walmart were worth $16,039,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Revolve Wealth Partners LLC boosted its stake in Walmart by 1.0% in the 3rd quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after purchasing an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC raised its holdings in Walmart by 1.1% in the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the last quarter. Meridian Wealth Partners LLC grew its holdings in shares of Walmart by 2.1% during the second quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after buying an additional 99 shares during the last quarter. Hickory Point Bank & Trust grew its holdings in shares of Walmart by 1.3% during the third quarter. Hickory Point Bank & Trust now owns 7,706 shares of the retailer’s stock valued at $794,000 after buying an additional 100 shares during the last quarter. Finally, CogentBlue Wealth Advisors LLC increased its position in shares of Walmart by 2.9% during the third quarter. CogentBlue Wealth Advisors LLC now owns 3,594 shares of the retailer’s stock valued at $370,000 after acquiring an additional 100 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on WMT shares. Mizuho set a $125.00 price objective on Walmart and gave the company an “outperform” rating in a research report on Monday. Cowen restated a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. JPMorgan Chase & Co. lifted their price objective on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a report on Friday, November 21st. Robert W. Baird boosted their target price on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Walmart in a report on Tuesday, December 9th. Thirty-two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $121.28.

Insider Buying and Selling at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the completion of the sale, the executive vice president owned 1,040,455 shares of the company’s stock, valued at $105,741,441.65. The trade was a 0.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP David Chojnowski sold 7,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total value of $746,550.00. Following the completion of the sale, the senior vice president owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This trade represents a 4.89% 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 125,628 shares of company stock worth $13,690,065. 0.10% of the stock is owned by insiders.

Walmart Trading Down 0.0%

Walmart stock opened at $112.71 on Tuesday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $117.45. The company has a market cap of $898.32 billion, a P/E ratio of 39.41, a P/E/G ratio of 5.21 and a beta of 0.66. 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 business has a 50-day simple moving average of $108.82 and a two-hundred day simple moving average of $103.35.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The company 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 was up 5.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts predict that Walmart Inc. will post 2.55 EPS 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.