WealthCare Investment Partners LLC Boosts Stock Holdings in Walmart Inc. $WMT

WealthCare Investment Partners LLC lifted its stake in Walmart Inc. (NASDAQ:WMT) by 141.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,831 shares of the retailer’s stock after buying an additional 4,006 shares during the period. WealthCare Investment Partners LLC’s holdings in Walmart were worth $696,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Collier Financial bought a new stake in Walmart in the third quarter valued at approximately $25,000. Access Investment Management LLC bought a new position in shares of Walmart in the second quarter worth approximately $26,000. Your Advocates Ltd. LLP purchased a new position in shares of Walmart in the third quarter worth $28,000. Roble Belko & Company Inc increased its stake in shares of Walmart by 212.6% in the third quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after buying an additional 219 shares during the period. Finally, Manning & Napier Advisors LLC bought a new stake in Walmart during the 3rd quarter valued at $39,000. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.2%

NASDAQ WMT opened at $133.89 on Tuesday. The firm has a market capitalization of $1.07 trillion, a PE ratio of 46.81, a P/E/G ratio of 5.12 and a beta of 0.65. The stock’s 50 day moving average is $118.51 and its 200 day moving average is $108.65. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $134.65. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data 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 return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the prior year, the company earned $0.58 earnings per share. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the completion of the transaction, the chief executive officer directly owned 4,315,333 shares in the company, valued at approximately $482,583,689.39. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Donna Morris sold 76,181 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $123.79, for a total value of $9,430,445.99. Following the completion of the sale, the executive vice president directly owned 402,072 shares in the company, valued at approximately $49,772,492.88. This represents a 15.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 227,566 shares of company stock worth $26,790,653 over the last 90 days. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $119.00 price target on the stock. in a report on Thursday, January 8th. Tigress Financial increased their target price on shares of Walmart from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Jefferies Financial Group restated a “buy” rating and set a $132.00 price target on shares of Walmart in a report on Tuesday, February 3rd. Robert W. Baird upped their price target on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $140.00 price objective (up from $126.00) on shares of Walmart in a research report on Wednesday, February 11th. Thirty-two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.44.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.