Walmart Inc. $WMT Stake Boosted by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. increased its holdings in Walmart Inc. (NASDAQ:WMT) by 30.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 86,035 shares of the retailer’s stock after buying an additional 20,101 shares during the period. Geneos Wealth Management Inc.’s holdings in Walmart were worth $8,413,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC lifted its holdings in shares of Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares during the last quarter. Norges Bank acquired a new stake in Walmart in the second quarter worth $5,367,770,000. Laurel Wealth Advisors LLC increased its position in Walmart by 9,648.7% in the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock worth $1,123,138,000 after buying an additional 11,368,549 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Walmart by 1.4% during the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after acquiring an additional 5,856,468 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after acquiring an additional 5,664,484 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on WMT shares. Wells Fargo & Company set a $120.00 price objective on shares of Walmart and gave the company an “overweight” rating in a research report on Friday, November 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. The Goldman Sachs Group increased their price objective on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Morgan Stanley reaffirmed an “overweight” rating and set a $125.00 target price (up previously from $115.00) on shares of Walmart in a research note on Friday, November 21st. Finally, Evercore ISI set a $117.00 price target on Walmart and gave the stock an “outperform” rating in a research note on Tuesday, December 9th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $119.31.

Walmart Stock Performance

Shares of NASDAQ WMT opened at $116.70 on Monday. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $116.95. 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 has a fifty day moving average price of $106.31 and a two-hundred day moving average price of $101.52. The firm has a market cap of $930.12 billion, a P/E ratio of 40.80, a PEG ratio of 5.40 and a beta of 0.64.

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

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total value of $2,081,006.88. Following the transaction, the chief executive officer owned 4,354,162 shares in the company, valued at approximately $466,679,083.16. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the transaction, the executive vice president directly owned 1,044,455 shares in the company, valued at $112,540,026.25. This represents a 0.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 126,403 shares of company stock worth $13,386,774. Company insiders own 0.10% of the company’s stock.

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.