North Dallas Bank & Trust Co. Purchases New Position in Walmart Inc. $WMT

North Dallas Bank & Trust Co. acquired a new position in shares of Walmart Inc. (NASDAQ:WMT) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 17,983 shares of the retailer’s stock, valued at approximately $1,758,000. Walmart comprises about 1.3% of North Dallas Bank & Trust Co.’s investment portfolio, making the stock its 20th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in WMT. Vanguard Group Inc. boosted its stake in Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after purchasing an additional 5,856,468 shares during the period. Kingstone Capital Partners Texas LLC boosted its position in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares during the period. Geode Capital Management LLC boosted its position in shares of Walmart by 0.3% in the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after acquiring an additional 263,718 shares during the period. Norges Bank acquired a new position in shares of Walmart in the second quarter valued at about $5,367,770,000. Finally, Ameriprise Financial Inc. raised its stake in Walmart by 3.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock worth $3,126,775,000 after purchasing an additional 1,098,342 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity at Walmart

In related news, SVP David Chojnowski sold 7,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total value of $746,550.00. Following the completion of the transaction, the senior vice president owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This represents a 4.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $103.83, for a total transaction of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. This trade represents a 0.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 128,013 shares of company stock valued at $13,553,747 in the last quarter. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on WMT shares. Truist Financial increased their target price on shares of Walmart from $109.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Sanford C. Bernstein restated an “outperform” rating and set a $122.00 price objective (up previously from $118.00) on shares of Walmart in a research note on Friday, November 21st. Morgan Stanley reaffirmed an “overweight” rating and issued a $125.00 price objective (up from $115.00) on shares of Walmart in a report on Friday, November 21st. DA Davidson set a $130.00 target price on Walmart and gave the stock a “buy” rating in a report on Friday, November 21st. Finally, Robert W. Baird raised their price target on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $119.31.

Walmart Price Performance

Walmart stock opened at $116.70 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $116.95. The stock has a market capitalization of $930.12 billion, a P/E ratio of 40.80, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64. The stock has a fifty day moving average of $106.31 and a 200-day moving average of $101.49.

Walmart (NASDAQ:WMT) last released its quarterly earnings data 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 business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.Walmart’s revenue was up 5.8% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

About Walmart

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.