Cerity Partners LLC Has $288.49 Million Position in Walmart Inc. $WMT

Cerity Partners LLC lessened its stake in Walmart Inc. (NYSE:WMT) by 1.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,950,448 shares of the retailer’s stock after selling 40,262 shares during the period. Walmart comprises 0.5% of Cerity Partners LLC’s portfolio, making the stock its 29th biggest holding. Cerity Partners LLC’s holdings in Walmart were worth $288,493,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its stake in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Norges Bank bought a new stake in Walmart in the 2nd quarter valued at $5,367,770,000. Nuveen LLC bought a new stake in Walmart in the 1st quarter valued at $2,532,331,000. Laurel Wealth Advisors LLC raised its stake in shares of Walmart by 9,648.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock valued at $1,123,138,000 after buying an additional 11,368,549 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Walmart by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after acquiring an additional 5,856,468 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Walmart Price Performance

Shares of WMT stock opened at $115.22 on Friday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $116.27. The stock has a market capitalization of $918.32 billion, a PE ratio of 40.29, a PEG ratio of 5.32 and a beta of 0.64. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The stock’s fifty day moving average is $105.07 and its 200-day moving average is $100.85.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 3.26% and a return on equity of 21.31%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Equities research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s 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 completion of the sale, the executive vice president owned 1,040,455 shares of the company’s stock, valued at $105,741,441.65. This trade represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $111.23, for a total transaction of $244,706.00. Following the completion of the transaction, the executive vice president owned 617,318 shares of the company’s stock, valued at $68,664,281.14. This trade represents a 0.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 158,013 shares of company stock valued at $16,657,847 over the last three months. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on WMT. Mizuho reissued an “outperform” rating and issued a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Tigress Financial upped their price objective on Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday. Guggenheim reissued a “buy” rating and issued a $120.00 target price (up from $115.00) on shares of Walmart in a report on Friday, November 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Finally, KeyCorp reiterated an “overweight” rating and set a $120.00 price objective (up from $110.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average price target of $119.00.

Walmart Company 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.