AGP Franklin LLC Raises Stake in Walmart Inc. $WMT

AGP Franklin LLC lifted its stake in shares of Walmart Inc. (NYSE:WMT) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,051 shares of the retailer’s stock after purchasing an additional 678 shares during the period. AGP Franklin LLC’s holdings in Walmart were worth $2,352,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Access Investment Management LLC purchased a new position in shares of Walmart during the 2nd quarter valued at $26,000. Operose Advisors LLC increased its holdings in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after acquiring an additional 243 shares during the last quarter. PFS Partners LLC raised its stake in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its stake in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after acquiring an additional 294 shares during the period. Finally, Ridgewood Investments LLC lifted its holdings in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other 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 sale, the executive vice president owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. The trade was a 0.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total value of $406,520.00. Following the sale, the executive vice president directly owned 1,040,455 shares in the company, valued at approximately $105,741,441.65. The trade was a 0.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 137,888 shares of company stock valued at $14,241,903 over the last quarter. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

WMT has been the subject of several analyst reports. Wolfe Research began 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. UBS Group restated a “buy” rating on shares of Walmart in a research report on Friday, November 14th. Bank of America raised their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Piper Sandler reiterated an “overweight” rating and issued a $123.00 price target (up from $111.00) on shares of Walmart in a research report on Friday. Finally, Telsey Advisory Group increased their price objective on Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $118.55.

Walmart Price Performance

Shares of NYSE:WMT opened at $105.29 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The stock has a market cap of $839.46 billion, a PE ratio of 39.58, a PEG ratio of 4.83 and a beta of 0.67. The company’s fifty day moving average is $103.52 and its 200 day moving average is $99.89. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $109.57.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the previous year, the company posted $0.58 earnings per share. The business’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts anticipate 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.