Walmart Inc. $WMT Shares Bought by TrueWealth Advisors LLC

TrueWealth Advisors LLC lifted its position in Walmart Inc. (NASDAQ:WMT) by 52.6% in the third quarter, HoldingsChannel reports. The firm owned 20,622 shares of the retailer’s stock after buying an additional 7,104 shares during the period. TrueWealth Advisors LLC’s holdings in Walmart were worth $2,125,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WMT. Access Investment Management LLC acquired a new stake in Walmart in the 2nd quarter valued at approximately $26,000. PFS Partners LLC increased its holdings in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the period. Ridgewood Investments LLC raised its holdings in Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares in the last quarter. Livelsberger Financial Advisory acquired a new stake in shares of Walmart in the 2nd quarter valued at $44,000. Finally, Harbor Asset Planning Inc. acquired a new stake in shares of Walmart during the 2nd quarter worth about $46,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on WMT shares. JPMorgan Chase & Co. boosted their price target on shares of Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Wolfe Research assumed coverage on shares of Walmart in a research report on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price on the stock. BTIG Research reiterated a “buy” rating and issued a $125.00 price target (up previously from $120.00) on shares of Walmart in a report on Friday, November 21st. BMO Capital Markets raised their price objective on shares of Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Finally, CICC Research began coverage on Walmart in a report on Friday. They issued an “outperform” rating and a $125.00 price target on the stock. Thirty-two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $120.69.

Walmart Trading Up 0.1%

Shares of Walmart stock opened at $111.74 on Friday. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $117.45. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The business has a 50 day moving average price of $108.13 and a 200 day moving average price of $102.53. The company has a market capitalization of $890.59 billion, a P/E ratio of 39.07, a P/E/G ratio of 5.15 and a beta of 0.64.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The company had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter last year, the business posted $0.58 earnings per share. Walmart’s 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. Sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Transactions at Walmart

In other Walmart news, SVP David Chojnowski sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the sale, the senior vice president directly owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This trade represents a 4.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total transaction of $2,081,006.88. Following the sale, the chief executive officer owned 4,354,162 shares of the company’s stock, valued at approximately $466,679,083.16. This trade represents a 0.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 108,412 shares of company stock worth $11,741,699 in the last ninety days. Company insiders own 0.10% of the company’s stock.

Walmart Company 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.