Lockheed Martin Investment Management Co. Purchases 19,260 Shares of Walmart Inc. $WMT

Lockheed Martin Investment Management Co. raised its position in shares of Walmart Inc. (NASDAQ:WMT) by 5.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 356,720 shares of the retailer’s stock after acquiring an additional 19,260 shares during the period. Walmart makes up 1.4% of Lockheed Martin Investment Management Co.’s portfolio, making the stock its 18th biggest holding. Lockheed Martin Investment Management Co.’s holdings in Walmart were worth $36,764,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Access Investment Management LLC acquired a new stake in Walmart in the 2nd quarter valued at approximately $26,000. PFS Partners LLC boosted its position in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares during the period. Roble Belko & Company Inc grew its stake in shares of Walmart by 212.6% in the third quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after acquiring an additional 219 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in Walmart during the third quarter worth $39,000. Finally, Harbor Asset Planning Inc. acquired a new position in Walmart during the 2nd quarter valued at $46,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Daniel J. Bartlett sold 1,388 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $120.00, for a total value of $166,560.00. Following the completion of the sale, the executive vice president directly owned 645,642 shares in the company, valued at approximately $77,477,040. This trade represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Daniel Danker sold 4,365 shares of Walmart stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $120.19, for a total value of $524,629.35. Following the completion of the transaction, the executive vice president directly owned 238,583 shares of the company’s stock, valued at $28,675,290.77. This represents a 1.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 115,799 shares of company stock worth $12,990,803. 0.10% of the stock is currently owned by insiders.

Walmart Stock Down 1.3%

WMT opened at $117.81 on Friday. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $121.62. The firm has a market cap of $938.93 billion, a price-to-earnings ratio of 41.19, a PEG ratio of 5.09 and a beta of 0.66. The firm’s 50-day simple moving average is $112.76 and its 200-day simple moving average is $105.07. 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 (NASDAQ:WMT) last issued its quarterly earnings data 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. The firm had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on WMT. DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, November 21st. TD Cowen reiterated a “buy” rating on shares of Walmart in a research note on Wednesday, January 14th. Royal Bank Of Canada restated an “outperform” rating and set a $126.00 price target (up from $123.00) on shares of Walmart in a research note on Wednesday, January 14th. Robert W. Baird upped their price target on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Finally, The Goldman Sachs Group set a $121.00 price objective on Walmart and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Thirty-two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average target price of $123.03.

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.