LM Advisors LLC Increases Stake in Walmart Inc. $WMT

LM Advisors LLC lifted its stake in shares of Walmart Inc. (NASDAQ:WMT) by 13.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 43,865 shares of the retailer’s stock after buying an additional 5,284 shares during the quarter. Walmart makes up approximately 0.6% of LM Advisors LLC’s portfolio, making the stock its 25th biggest position. LM Advisors LLC’s holdings in Walmart were worth $4,289,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Access Investment Management LLC acquired a new position in Walmart during the 2nd quarter worth approximately $26,000. PFS Partners LLC lifted its position in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Ridgewood Investments LLC grew its stake in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares in the last quarter. Livelsberger Financial Advisory acquired a new position in shares of Walmart during the second quarter worth $44,000. Finally, Harbor Asset Planning Inc. purchased a new position in Walmart in the second quarter valued at $46,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the completion of the sale, the chief executive officer directly owned 4,334,747 shares in the company, valued at approximately $474,958,228.79. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total transaction of $406,520.00. Following the completion of the sale, the executive vice president owned 1,040,455 shares in the company, valued at $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 128,013 shares of company stock valued at $13,553,747. 0.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have issued reports on the company. BTIG Research reaffirmed a “buy” rating and set a $125.00 price target (up from $120.00) on shares of Walmart in a report on Friday, November 21st. Evercore ISI set a $117.00 target price on Walmart and gave the stock an “outperform” rating in a research note on Tuesday. Truist Financial upped their price target on Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, November 20th. JPMorgan Chase & Co. increased their price target on shares of Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. Finally, Robert W. Baird boosted their price objective on shares of Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus price target of $119.31.

Walmart Price Performance

Shares of NASDAQ WMT opened at $116.70 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $116.95. The stock has a 50 day moving average of $106.31 and a two-hundred day moving average of $101.46. The stock has a market cap of $930.12 billion, a P/E ratio of 40.80, a P/E/G ratio of 5.34 and a beta of 0.64.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same period last year, the firm posted $0.58 earnings per share. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

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.