CoreFirst Bank & Trust Has $3.41 Million Holdings in Walmart Inc. $WMT

CoreFirst Bank & Trust lifted its position in Walmart Inc. (NASDAQ:WMT) by 23.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,425 shares of the retailer’s stock after acquiring an additional 5,231 shares during the quarter. Walmart makes up about 1.8% of CoreFirst Bank & Trust’s holdings, making the stock its 14th biggest holding. CoreFirst Bank & Trust’s holdings in Walmart were worth $3,408,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Advisortrust Partners LLC lifted its stake in Walmart by 20.2% in the first quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock valued at $8,344,000 after acquiring an additional 11,283 shares during the last quarter. Union Bancaire Privee UBP SA lifted its stake in shares of Walmart by 253.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock valued at $47,728,000 after purchasing an additional 275,337 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in Walmart by 2.9% in the first quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock worth $300,333,000 after purchasing an additional 68,632 shares in the last quarter. Vise Technologies Inc. increased its position in Walmart by 42.1% during the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock worth $30,676,000 after buying an additional 81,635 shares during the last quarter. Finally, HORAN Wealth LLC increased its position in Walmart by 55.7% during the first quarter. HORAN Wealth LLC now owns 81,544 shares of the retailer’s stock worth $9,931,000 after buying an additional 29,184 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of analyst reports. BNP Paribas Exane reduced their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. Tigress Financial reissued a “buy” rating and set a $155.00 price objective (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Morgan Stanley raised their price objective on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Mizuho set a $130.00 target price on Walmart in a report on Monday, July 27th. Finally, Freedom Capital raised Walmart from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $138.56.

Walmart Trading Up 0.1%

Shares of WMT stock opened at $111.20 on Friday. The firm has a market capitalization of $884.94 billion, a P/E ratio of 39.02, a price-to-earnings-growth ratio of 4.15 and a beta of 0.60. Walmart Inc. has a 1 year low of $95.42 and a 1 year high of $135.15. The firm’s fifty day simple moving average is $115.17 and its 200 day simple moving average is $121.93. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, sell-side analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 3,775 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the completion of the sale, the executive vice president owned 630,009 shares in the company, valued at approximately $69,074,186.76. This trade represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the sale, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. This trade represents a 8.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 67,729 shares of company stock valued at $8,124,931 in the last three months. Company insiders own 0.09% of the company’s stock.

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.