Huntington National Bank Has $166.92 Million Stock Holdings in Walmart Inc. $WMT

Huntington National Bank increased its position in Walmart Inc. (NYSE:WMT) by 2.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,707,104 shares of the retailer’s stock after buying an additional 35,502 shares during the period. Walmart accounts for approximately 1.1% of Huntington National Bank’s investment portfolio, making the stock its 22nd biggest holding. Huntington National Bank’s holdings in Walmart were worth $166,921,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Key Financial Inc lifted its position in Walmart by 8.5% in the 2nd quarter. Key Financial Inc now owns 4,494 shares of the retailer’s stock valued at $439,000 after acquiring an additional 351 shares in the last quarter. Bryce Point Capital LLC bought a new position in Walmart in the 2nd quarter valued at about $491,000. Optivise Advisory Services LLC lifted its position in Walmart by 7.4% in the 2nd quarter. Optivise Advisory Services LLC now owns 4,939 shares of the retailer’s stock valued at $483,000 after acquiring an additional 341 shares in the last quarter. American Capital Advisory LLC lifted its position in Walmart by 1.2% in the 2nd quarter. American Capital Advisory LLC now owns 15,145 shares of the retailer’s stock valued at $1,481,000 after acquiring an additional 180 shares in the last quarter. Finally, Bridgewater Advisors Inc. lifted its position in Walmart by 9.3% in the 2nd quarter. Bridgewater Advisors Inc. now owns 22,496 shares of the retailer’s stock valued at $2,212,000 after acquiring an additional 1,917 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on WMT shares. Mizuho reaffirmed an “outperform” rating and issued a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. Truist Financial dropped their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Guggenheim reissued a “buy” rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a research report on Monday, August 18th. UBS Group reissued a “buy” rating and set a $122.00 target price (up previously from $110.00) on shares of Walmart in a research report on Thursday, October 23rd. Finally, Bank of America lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

Walmart Stock Up 0.4%

Walmart stock opened at $101.60 on Tuesday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $109.57. The firm has a market capitalization of $810.07 billion, a price-to-earnings ratio of 38.20, a P/E/G ratio of 4.83 and a beta of 0.67. 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 firm has a 50 day simple moving average of $102.57 and a 200 day simple moving average of $99.27.

Walmart (NYSE:WMT) last released its quarterly earnings data 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 business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same quarter in the prior year, the firm posted $0.67 earnings per share. The firm’s quarterly 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. On average, analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the transaction, the executive vice president directly owned 1,048,455 shares in the company, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total transaction of $1,293,468.75. Following the transaction, the executive vice president owned 919,189 shares of the company’s stock, valued at $90,586,075.95. This trade represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 148,838 shares of company stock valued at $15,309,020 over the last 90 days. Company insiders own 0.10% of the company’s stock.

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.