Lynch & Associates IN Cuts Stock Holdings in Walmart Inc. $WMT

Lynch & Associates IN lessened its position in Walmart Inc. (NASDAQ:WMT) by 3.2% in the third quarter, HoldingsChannel reports. The fund owned 189,536 shares of the retailer’s stock after selling 6,307 shares during the quarter. Walmart makes up approximately 3.8% of Lynch & Associates IN’s holdings, making the stock its 4th largest holding. Lynch & Associates IN’s holdings in Walmart were worth $19,534,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of WMT. Neuberger Berman Group LLC lifted its stake in shares of Walmart by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock valued at $497,771,000 after buying an additional 42,645 shares in the last quarter. Aviva PLC increased its position in shares of Walmart by 16.4% during the second quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after acquiring an additional 539,504 shares in the last quarter. Weatherly Asset Management L. P. raised its holdings in shares of Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after acquiring an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Walmart by 34.6% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after acquiring an additional 9,831 shares during the last quarter. Finally, Willis Johnson & Associates Inc. lifted its position in Walmart by 76.6% in the 2nd quarter. Willis Johnson & Associates Inc. now owns 42,626 shares of the retailer’s stock valued at $4,168,000 after acquiring an additional 18,485 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ WMT opened at $115.66 on Thursday. The company has a market capitalization of $921.83 billion, a PE ratio of 40.44, a PEG ratio of 5.33 and a beta of 0.64. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The stock’s 50 day moving average price is $107.09 and its 200-day moving average price is $101.88. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $117.45.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $179.50 billion during 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%.Walmart’s revenue was up 5.8% on a year-over-year basis. During the same period last year, the business posted $0.58 earnings per share. 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

WMT has been the subject of a number of analyst reports. Truist Financial set a $127.00 price target on Walmart in a research note on Wednesday. UBS Group set a $130.00 target price on Walmart in a report on Wednesday, December 3rd. DA Davidson set a $130.00 target price on Walmart and gave the company a “buy” rating in a research report on Friday, November 21st. Evercore ISI set a $120.00 price target on Walmart and gave the stock an “outperform” rating in a report on Tuesday. Finally, Tigress Financial increased their price target on Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $120.18.

Insider Activity

In related news, SVP David Chojnowski sold 7,000 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of the transaction, the senior vice president owned 136,289 shares in the company, valued at approximately $14,535,221.85. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,425 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $117.00, for a total transaction of $166,725.00. Following the sale, the executive vice president owned 641,363 shares of the company’s stock, valued at $75,039,471. This trade represents a 0.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 114,703 shares of company stock worth $12,191,911. 0.10% of the stock is owned by insiders.

Walmart 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.