PFC Capital Group Inc. Lowers Position in Walmart Inc. $WMT

PFC Capital Group Inc. lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,204 shares of the retailer’s stock after selling 976 shares during the quarter. Walmart comprises 1.5% of PFC Capital Group Inc.’s investment portfolio, making the stock its 17th largest position. PFC Capital Group Inc.’s holdings in Walmart were worth $3,148,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WMT. Aviva PLC raised its position in Walmart by 16.4% in the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after purchasing an additional 539,504 shares during the period. Weatherly Asset Management L. P. grew its stake in shares of Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after buying an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of Walmart by 34.6% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after buying an additional 9,831 shares during the period. Ally Financial Inc. bought a new stake in shares of Walmart in the 1st quarter valued at about $2,107,000. Finally, Night Squared LP purchased a new stake in Walmart during the 1st quarter valued at about $1,052,000. 26.76% of the stock is currently owned by institutional investors.

Insider Transactions at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.18, for a total transaction of $222,596.00. Following the completion of the transaction, the executive vice president directly owned 619,518 shares of the company’s stock, valued at $62,682,831.24. This trade represents a 0.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,630 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $102.58, for a total transaction of $167,205.40. Following the sale, the executive vice president directly owned 642,788 shares in the company, valued at $65,937,193.04. The trade was a 0.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 137,888 shares of company stock worth $14,241,903. 0.10% of the stock is owned by insiders.

Walmart Stock Down 1.7%

Shares of NYSE:WMT opened at $105.29 on Monday. The firm has a market capitalization of $839.46 billion, a P/E ratio of 39.58, a P/E/G ratio of 4.83 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The stock has a 50 day moving average price of $103.52 and a 200-day moving average price of $99.91. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57.

Walmart (NYSE:WMT) last issued its quarterly earnings results 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 company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. 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. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on WMT shares. Robert W. Baird lifted their price target on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday. Wells Fargo & Company set a $120.00 price target on shares of Walmart and gave the company an “overweight” rating in a report on Friday. Truist Financial increased their price target on shares of Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday. Guggenheim restated a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of Walmart in a research report on Friday. Finally, KeyCorp reiterated an “overweight” rating and set a $120.00 target price (up from $110.00) on shares of Walmart in a report on Friday. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $118.55.

About Walmart

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.