BancFirst Trust & Investment Management Has $33.67 Million Position in Walmart Inc. $WMT

BancFirst Trust & Investment Management increased its position in Walmart Inc. (NASDAQ:WMT) by 6,334.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 326,622 shares of the retailer’s stock after acquiring an additional 321,546 shares during the quarter. Walmart comprises 12.8% of BancFirst Trust & Investment Management’s investment portfolio, making the stock its 3rd largest holding. BancFirst Trust & Investment Management’s holdings in Walmart were worth $33,668,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Access Investment Management LLC bought a new position in Walmart in the 2nd quarter worth approximately $26,000. PFS Partners LLC boosted its holdings in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares during the period. Ridgewood Investments LLC grew its position in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares in the last quarter. Livelsberger Financial Advisory purchased a new position in shares of Walmart in the second quarter valued at $44,000. Finally, Harbor Asset Planning Inc. bought a new stake in shares of Walmart during the 2nd quarter valued at $46,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Friday, November 28th. The shares were sold at an average price of $109.57, for a total value of $2,127,411.12. Following the transaction, the chief executive officer directly owned 4,334,747 shares of the company’s stock, valued at $474,958,228.79. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the sale, the executive vice president owned 1,040,455 shares of the company’s stock, valued at $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 126,403 shares of company stock valued at $13,386,774. Insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of Walmart stock opened at $116.79 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $117.45. The company has a fifty day moving average of $106.59 and a 200-day moving average of $101.66. The stock has a market capitalization of $930.84 billion, a price-to-earnings ratio of 40.84, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64.

Walmart (NASDAQ:WMT) last posted 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 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 period in the previous year, the firm posted $0.58 earnings per share. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. 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 year.

Wall Street Analyst Weigh In

WMT has been the subject of a number of recent analyst reports. Evercore ISI set a $117.00 target price on Walmart and gave the company an “outperform” rating in a report on Tuesday, December 9th. Robert W. Baird upped their target price on shares of Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. BMO Capital Markets increased their target price on shares of Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. The Goldman Sachs Group raised their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Walmart in a report on Tuesday, December 9th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $119.31.

About Walmart

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.