Walmart Inc. $WMT Stock Bought by Vista Investment Partners LLC

Vista Investment Partners LLC boosted its holdings in Walmart Inc. (NASDAQ:WMT) by 82.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 36,675 shares of the retailer’s stock after buying an additional 16,546 shares during the period. Vista Investment Partners LLC’s holdings in Walmart were worth $3,811,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Plan A Wealth LLC increased its holdings in shares of Walmart by 266.8% in the 3rd quarter. Plan A Wealth LLC now owns 8,898 shares of the retailer’s stock worth $925,000 after purchasing an additional 6,472 shares in the last quarter. New Covenant Trust Company N.A. lifted its stake in Walmart by 15.5% during the 3rd quarter. New Covenant Trust Company N.A. now owns 11,538 shares of the retailer’s stock valued at $1,199,000 after acquiring an additional 1,547 shares during the period. Quintet Private Bank Europe S.A. lifted its stake in Walmart by 7.7% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 17,423 shares of the retailer’s stock valued at $1,811,000 after acquiring an additional 1,245 shares during the period. Whalen Wealth Management Inc. boosted its holdings in shares of Walmart by 1.3% during the 3rd quarter. Whalen Wealth Management Inc. now owns 36,948 shares of the retailer’s stock valued at $3,840,000 after acquiring an additional 471 shares during the last quarter. Finally, Alkeme Wealth LLC boosted its holdings in shares of Walmart by 0.8% during the 3rd quarter. Alkeme Wealth LLC now owns 37,783 shares of the retailer’s stock valued at $3,926,000 after acquiring an additional 288 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Performance

NASDAQ WMT traded up $2.84 on Thursday, hitting $111.00. 9,158,613 shares of the company traded hands, compared to its average volume of 25,180,846. The business’s 50 day moving average price is $108.43 and its 200-day moving average price is $116.55. Walmart Inc. has a 52-week low of $98.88 and a 52-week high of $135.15. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $880.64 billion, a price-to-earnings ratio of 40.07, a P/E/G ratio of 4.09 and a beta of 0.58.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%.The business had revenue of $187.94 billion during the quarter, compared to analysts’ expectations of $186.64 billion. During the same quarter in the prior year, the business posted $0.68 earnings per share. The business’s quarterly revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Equities analysts expect that Walmart Inc. will post 2.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on WMT shares. Jefferies Financial Group reissued a “buy” rating and set a $120.00 price objective on shares of Walmart in a report on Friday, August 21st. Tigress Financial reiterated a “buy” rating and set a $155.00 target price on shares of Walmart in a research note on Monday, August 31st. Truist Financial set a $114.00 price target on Walmart and gave the stock a “buy” rating in a research note on Friday, August 21st. Freedom Capital upgraded Walmart from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Finally, Guggenheim set a $130.00 target price on Walmart and gave the company a “buy” rating in a report on Friday, August 21st. Three analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average target price of $131.74.

Insider Activity

In other Walmart news, EVP Daniel Danker sold 50,644 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $105.35, for a total value of $5,335,345.40. Following the completion of the transaction, the executive vice president directly owned 201,672 shares in the company, valued at $21,246,145.20. This represents a 20.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $106.66, for a total transaction of $1,399,912.50. Following the sale, the chief executive officer owned 647,912 shares in the company, valued at $69,106,293.92. The trade was a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 81,219 shares of company stock valued at $8,604,429. 0.09% of the stock is owned by insiders.

Walmart Company Profile

Walmart Inc (NASDAQ: WMT) is a multinational retailer that operates supercenters, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its merchandise includes groceries, apparel, electronics, home goods, health and wellness products, household essentials and general merchandise. Walmart also provides services such as grocery pickup and delivery, pharmacy services, financial products and digital advertising.

The company serves customers through its Walmart U.S., Walmart International and Sam’s Club segments.