Bollard Group LLC Buys 17,033 Shares of Walmart Inc. $WMT

Bollard Group LLC increased its stake in shares of Walmart Inc. (NYSE:WMT) by 6.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 292,403 shares of the retailer’s stock after buying an additional 17,033 shares during the quarter. Walmart comprises approximately 0.7% of Bollard Group LLC’s investment portfolio, making the stock its 20th biggest position. Bollard Group LLC’s holdings in Walmart were worth $28,591,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Atlas Legacy Advisors LLC raised its stake in Walmart by 1.1% in the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock valued at $851,000 after purchasing an additional 98 shares in the last quarter. Meridian Wealth Partners LLC increased its holdings in Walmart by 2.1% in the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after buying an additional 99 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Walmart by 1.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock valued at $961,000 after buying an additional 103 shares in the last quarter. RoundAngle Advisors LLC lifted its holdings in shares of Walmart by 0.4% during the 2nd quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after acquiring an additional 105 shares during the period. Finally, PCG Wealth Advisors LLC boosted its position in shares of Walmart by 3.6% during the 2nd quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock worth $296,000 after acquiring an additional 105 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares in the company, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the completion of the sale, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at approximately $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 158,013 shares of company stock valued at $16,657,847 in the last quarter. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of several research analyst reports. Evercore ISI restated an “outperform” rating and set a $115.00 price objective (up from $111.00) on shares of Walmart in a research report on Friday, November 21st. BMO Capital Markets lifted their price target on Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Sanford C. Bernstein reissued an “outperform” rating and set a $122.00 price target (up previously from $118.00) on shares of Walmart in a report on Friday, November 21st. The Goldman Sachs Group raised their price objective on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Finally, JPMorgan Chase & Co. lifted their target price on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating 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 company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $119.00.

Walmart Trading Up 0.3%

Shares of WMT stock opened at $115.22 on Friday. 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 firm has a market capitalization of $918.32 billion, a P/E ratio of 40.29, a P/E/G ratio of 5.32 and a beta of 0.64. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $116.27. The stock’s fifty day simple moving average is $105.07 and its 200 day simple moving average is $100.85.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the previous year, the business posted $0.58 earnings per share. The business’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. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.