AMJ Financial Wealth Management Increases Position in Walmart Inc. $WMT

AMJ Financial Wealth Management increased its position in shares of Walmart Inc. (NYSE:WMT) by 3.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,377 shares of the retailer’s stock after purchasing an additional 1,958 shares during the period. AMJ Financial Wealth Management’s holdings in Walmart were worth $5,513,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Access Investment Management LLC bought a new position in shares of Walmart in the second quarter worth about $26,000. Operose Advisors LLC lifted 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 purchasing an additional 243 shares in the last quarter. PFS Partners LLC boosted its stake in Walmart by 267.8% in 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 period. Clal Insurance Enterprises Holdings Ltd boosted 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 worth $32,000 after purchasing an additional 294 shares during the period. Finally, Ridgewood Investments LLC grew its holdings in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 1.0%

WMT opened at $111.59 on Tuesday. The stock has a 50-day moving average of $104.15 and a 200 day moving average of $100.42. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $111.76. The firm has a market cap of $889.71 billion, a P/E ratio of 41.95, a P/E/G ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The business 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 21.45% and a net margin of 3.08%.The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Wolfe Research assumed coverage on shares of Walmart in a research note on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target on the stock. Sanford C. Bernstein reissued an “outperform” rating and set a $122.00 price objective (up previously from $118.00) on shares of Walmart in a report on Friday, November 21st. Mizuho restated an “outperform” rating and set a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Finally, Evercore ISI reiterated an “outperform” rating and issued a $115.00 target price (up from $111.00) on shares of Walmart in a research report on Friday, November 21st. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $118.55.

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total value of $406,520.00. Following the completion of the sale, the executive vice president owned 1,040,455 shares in the company, valued at approximately $105,741,441.65. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $101.18, for a total transaction of $222,596.00. Following the transaction, the executive vice president directly owned 619,518 shares of the company’s stock, valued at approximately $62,682,831.24. This represents a 0.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 136,397 shares of company stock valued at $14,285,729 over the last 90 days. 0.10% of the stock is currently 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.