Capital Investment Counsel Inc Has $31.91 Million Stock Position in Walmart Inc. $WMT

Capital Investment Counsel Inc reduced its position in shares of Walmart Inc. (NASDAQ:WMT) by 2.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 309,589 shares of the retailer’s stock after selling 7,212 shares during the quarter. Walmart accounts for 3.9% of Capital Investment Counsel Inc’s investment portfolio, making the stock its 4th biggest holding. Capital Investment Counsel Inc’s holdings in Walmart were worth $31,906,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. TFR Capital LLC. raised its holdings in shares of Walmart by 1.3% in the 3rd quarter. TFR Capital LLC. now owns 8,222 shares of the retailer’s stock valued at $847,000 after purchasing an additional 105 shares during the period. Sagespring Wealth Partners LLC grew its holdings in Walmart by 7.8% during the third quarter. Sagespring Wealth Partners LLC now owns 138,177 shares of the retailer’s stock worth $14,240,000 after purchasing an additional 9,988 shares during the period. Mendel Capital Management LLC increased its position in Walmart by 0.4% during the third quarter. Mendel Capital Management LLC now owns 53,230 shares of the retailer’s stock worth $5,486,000 after buying an additional 227 shares during the last quarter. International Assets Investment Management LLC raised its stake in Walmart by 0.5% in the third quarter. International Assets Investment Management LLC now owns 79,146 shares of the retailer’s stock valued at $7,775,000 after buying an additional 379 shares during the period. Finally, Biltmore Family Office LLC lifted its position in shares of Walmart by 0.6% in the third quarter. Biltmore Family Office LLC now owns 19,338 shares of the retailer’s stock valued at $1,993,000 after buying an additional 107 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In other Walmart news, EVP Donna Morris sold 9,384 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $120.19, for a total transaction of $1,127,862.96. Following the sale, the executive vice president directly owned 536,312 shares in the company, valued at $64,459,339.28. This represents a 1.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $119.17, for a total transaction of $2,313,804.72. Following the completion of the transaction, the chief executive officer directly owned 4,274,856 shares in the company, valued at approximately $509,434,589.52. This represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 135,215 shares of company stock worth $15,304,608 in the last quarter. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WMT. Telsey Advisory Group reissued an “outperform” rating and set a $135.00 target price on shares of Walmart in a report on Wednesday, January 14th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $129.00 price objective (up from $122.00) on shares of Walmart in a report on Monday, January 5th. KeyCorp reissued an “overweight” rating and issued a $128.00 price objective on shares of Walmart in a research report on Wednesday, January 7th. UBS Group set a $130.00 target price on shares of Walmart in a report on Wednesday, December 3rd. Finally, Barclays reissued an “overweight” rating and issued a $125.00 price target (up from $108.00) on shares of Walmart in a report on Thursday, January 8th. Thirty-two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $123.20.

Walmart Stock Down 0.1%

Shares of WMT opened at $117.73 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 $121.62. The firm’s 50 day moving average is $113.07 and its 200-day moving average is $105.26. The stock has a market capitalization of $938.33 billion, a PE ratio of 41.16, a P/E/G ratio of 5.02 and a beta of 0.66.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results 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. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the prior year, the business posted $0.58 earnings per share. The firm’s quarterly 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. Equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Tigress Financial raised its price target on WMT from $130 to $135 and kept a “buy” rating, implying roughly a mid-teens upside vs. current levels — a catalyst that can attract momentum and fund flows. Tigress price target raise
• Neutral Sentiment: Coverage pieces from Zacks highlight WMT as a growth/retail pick and promote using their Earnings ESP tool to find potential upside ahead of quarters — these pieces can bolster investor interest but are promotional rather than firm-moving. Zacks Earnings ESP article
• Neutral Sentiment: Another Zacks piece profiles Walmart as a “strong growth stock” using its style scores — supportive for longer-term investor narratives but unlikely to move the stock materially on its own. Zacks growth profile
• Neutral Sentiment: A Yahoo video piece outlines three priorities for Walmart’s CEO to maintain momentum — useful context on management focus that may shape execution expectations but not an immediate market mover. Yahoo CEO priorities video
• Negative Sentiment: CEO C. Douglas McMillon sold 19,416 shares for about $2.31M (reported 1/22). The sale reduced his stake by ~0.45% — a modest ownership decline but an optics negative that can weigh on sentiment when combined with near-term weakness. SEC Form 4: McMillon sale
• Negative Sentiment: Market reports note recent short-term share weakness (a daily slide reported on 1/22). That intraday/short-term weakness can amplify selling even as fundamentals remain intact. Zacks: stock slides

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.