Royal Fund Management LLC Buys 16,018 Shares of Walmart Inc. $WMT

Royal Fund Management LLC lifted its stake in shares of Walmart Inc. (NYSE:WMT) by 22.1% during the second quarter, Holdings Channel reports. The fund owned 88,588 shares of the retailer’s stock after buying an additional 16,018 shares during the quarter. Walmart comprises 0.9% of Royal Fund Management LLC’s investment portfolio, making the stock its 29th largest position. Royal Fund Management LLC’s holdings in Walmart were worth $8,665,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of WMT. Atlas Legacy Advisors LLC grew its stake in shares of Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock valued at $851,000 after buying an additional 98 shares during the period. Meridian Wealth Partners LLC raised its stake in Walmart by 2.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock worth $470,000 after buying an additional 99 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after acquiring an additional 103 shares in the last quarter. RoundAngle Advisors LLC grew its stake in Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after acquiring an additional 105 shares during the period. Finally, PCG Wealth Advisors LLC increased its holdings in shares of Walmart by 3.6% during the second quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock valued at $296,000 after acquiring an additional 105 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Price Performance

Shares of NYSE:WMT opened at $114.85 on Friday. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $114.89. The firm has a market capitalization of $915.68 billion, a PE ratio of 40.16, a P/E/G ratio of 5.29 and a beta of 0.64. 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 company has a 50-day moving average price of $104.82 and a two-hundred day moving average price of $100.71.

Walmart (NYSE:WMT) last announced its quarterly 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 firm 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 company’s 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. Equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the transaction, the executive vice president owned 892,940 shares of the company’s stock, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer owned 1,787,200 shares in the company, valued at approximately $184,921,584. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 158,013 shares of company stock valued at $16,657,847 over the last 90 days. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating and issued a $125.00 target price (up from $115.00) on shares of Walmart in a report on Friday, November 21st. DA Davidson set a $130.00 price objective on shares of Walmart and gave the stock a “buy” rating in a report on Friday, November 21st. Evercore ISI reaffirmed an “outperform” rating and issued a $115.00 price objective (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. Mizuho reissued an “outperform” rating and set a $115.00 target price on shares of Walmart in a research report on Wednesday, August 13th. Finally, The Goldman Sachs Group raised their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $119.00.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.