St. Louis Financial Planners Asset Management LLC bought a new stake in shares of Walmart Inc. (NASDAQ:WMT – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 27,545 shares of the retailer’s stock, valued at approximately $2,839,000. Walmart makes up about 1.8% of St. Louis Financial Planners Asset Management LLC’s investment portfolio, making the stock its 23rd largest position.
A number of other hedge funds have also recently made changes to their positions in WMT. Brighton Jones LLC boosted its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after purchasing an additional 485 shares during the last quarter. Aviso Financial Inc. raised its position in shares of Walmart by 33.6% in the 1st quarter. Aviso Financial Inc. now owns 7,264 shares of the retailer’s stock worth $638,000 after purchasing an additional 1,825 shares during the last quarter. Wellington Management Group LLP boosted its stake in Walmart by 527.1% in the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after purchasing an additional 5,664,484 shares in the last quarter. Finally, Colonial Trust Advisors grew its position in Walmart by 0.8% during the 1st quarter. Colonial Trust Advisors now owns 176,175 shares of the retailer’s stock valued at $15,466,000 after purchasing an additional 1,325 shares during the last quarter. 26.76% of the stock is owned by institutional investors.
Insider Buying and Selling at Walmart
In related news, SVP David Chojnowski sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total value of $746,550.00. Following the transaction, the senior vice president owned 136,289 shares of the company’s stock, valued at approximately $14,535,221.85. This trade represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the sale, the executive vice president directly owned 1,040,455 shares of the company’s stock, valued at approximately $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 126,403 shares of company stock worth $13,386,774. 0.10% of the stock is owned by corporate insiders.
Walmart Price Performance
Walmart (NASDAQ:WMT – Get Free Report) last released its quarterly 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. The firm had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The company’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period last year, the business posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.
Analysts Set New Price Targets
Several research analysts have issued reports on the stock. Cowen reaffirmed a “buy” rating on shares of Walmart in a report on Tuesday, December 9th. Wolfe Research initiated coverage on shares of Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective for the company. Robert W. Baird increased their target price on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. The Goldman Sachs Group boosted their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Finally, Wells Fargo & Company set a $120.00 price target on Walmart and gave the company an “overweight” rating in a report on Friday, November 21st. Thirty-one investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $119.71.
View Our Latest Stock Analysis on Walmart
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.
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