6,000 Shares in Walmart Inc. $WMT Purchased by American National Bank of Texas

American National Bank of Texas purchased a new stake in shares of Walmart Inc. (NASDAQ:WMT) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 6,000 shares of the retailer’s stock, valued at approximately $618,000.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Telsey Advisory Group lifted their target price on Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Evercore ISI set a $117.00 price target on Walmart and gave the company an “outperform” rating in a report on Tuesday, December 9th. Cowen reaffirmed a “buy” rating on shares of Walmart in a report on Tuesday, December 9th. Morgan Stanley reiterated an “overweight” rating and set a $125.00 target price (up from $115.00) on shares of Walmart in a research report on Friday, November 21st. Finally, KeyCorp reaffirmed an “overweight” rating and set a $120.00 price target (up previously from $110.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $119.31.

Insiders Place Their Bets

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the sale, the executive vice president owned 1,044,455 shares in the company, valued at $112,540,026.25. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP David Chojnowski sold 7,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the sale, the senior vice president directly owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This represents a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 126,403 shares of company stock worth $13,386,774. Insiders own 0.10% of the company’s stock.

Walmart Price Performance

Walmart stock opened at $116.79 on Tuesday. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $117.45. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average price of $106.59 and a 200-day moving average price of $101.66. The firm has a market capitalization of $930.84 billion, a PE ratio of 40.84, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data 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. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter last year, the firm earned $0.58 earnings per share. The firm’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, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current 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.