Walmart Inc. $WMT Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. grew its stake in Walmart Inc. (NASDAQ:WMT) by 2.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 445,638 shares of the retailer’s stock after buying an additional 10,781 shares during the period. D.A. Davidson & CO.’s holdings in Walmart were worth $45,927,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Access Investment Management LLC purchased a new stake in shares of Walmart in the second quarter valued at about $26,000. PFS Partners LLC raised its stake in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares in the last quarter. Ridgewood Investments LLC boosted its position in shares of Walmart by 55.3% during the 2nd 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 position in Walmart during the second quarter worth about $44,000. Finally, Harbor Asset Planning Inc. acquired a new stake in Walmart in the 2nd quarter valued at about $46,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WMT. Telsey Advisory Group reiterated an “outperform” rating and issued a $135.00 target price on shares of Walmart in a research note on Wednesday, December 17th. Jefferies Financial Group reissued a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. KeyCorp reaffirmed an “overweight” rating and issued a $120.00 price target (up from $110.00) on shares of Walmart in a report on Friday, November 21st. Tigress Financial increased their price objective on shares of Walmart from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $129.00 price objective (up from $122.00) on shares of Walmart in a research note on Monday. Thirty-two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $121.28.

Walmart Trading Down 0.0%

Walmart stock opened at $112.71 on Tuesday. The stock 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. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $117.45. The company’s fifty day simple moving average is $108.82 and its 200-day simple moving average is $103.35.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. The firm 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 business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $115.21, for a total value of $460,840.00. Following the completion of the sale, the executive vice president owned 1,031,455 shares in the company, valued at approximately $118,833,930.55. This trade represents a 0.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $111.23, for a total transaction of $244,706.00. Following the completion of the transaction, the executive vice president owned 617,318 shares in the company, valued at $68,664,281.14. This represents a 0.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 125,628 shares of company stock valued at $13,690,065 in the last quarter. 0.10% of the stock is currently owned by corporate insiders.

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.