Nicholson Wealth Management Group LLC Increases Holdings in Walmart Inc. $WMT

Nicholson Wealth Management Group LLC increased its stake in Walmart Inc. (NYSE:WMT) by 2.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,051 shares of the retailer’s stock after purchasing an additional 486 shares during the quarter. Walmart comprises about 1.2% of Nicholson Wealth Management Group LLC’s holdings, making the stock its 12th largest position. Nicholson Wealth Management Group LLC’s holdings in Walmart were worth $1,961,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the stock. Bedel Financial Consulting Inc. grew its position in Walmart by 0.4% during the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after buying an additional 102 shares in the last quarter. Revolve Wealth Partners LLC grew its position in Walmart by 1.1% during the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after buying an additional 103 shares in the last quarter. Scott & Selber Inc. grew its position in Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer’s stock worth $256,000 after buying an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC grew its position in Walmart by 1.4% during the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer’s stock worth $684,000 after buying an additional 105 shares in the last quarter. Finally, RoundAngle Advisors LLC grew its position in Walmart by 0.4% during the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after buying an additional 105 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WMT has been the subject of several recent analyst reports. DA Davidson set a $117.00 target price on Walmart in a research report on Wednesday. Bank of America upped their price objective on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Piper Sandler reiterated an “overweight” rating and issued a $111.00 price objective on shares of Walmart in a report on Wednesday, September 24th. Truist Financial cut their price objective on Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.63.

Walmart Trading Up 1.3%

NYSE WMT opened at $107.80 on Friday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average of $101.69 and a 200-day moving average of $97.86. The firm has a market cap of $859.50 billion, a PE ratio of 40.53, a price-to-earnings-growth ratio of 5.02 and a beta of 0.67.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. During the same period last year, the firm posted $0.67 EPS. The company’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,550 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $107.46, for a total value of $166,563.00. Following the completion of the sale, the executive vice president owned 644,418 shares of the company’s stock, valued at approximately $69,249,158.28. The trade was a 0.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the sale, the executive vice president directly owned 892,940 shares of the company’s stock, valued at approximately $96,241,073.20. This trade represents a 1.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 151,038 shares of company stock worth $15,249,614 in the last 90 days. 0.10% of the stock is currently owned by company insiders.

Walmart Company Profile

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.