GAMMA Investing LLC Acquires 6,144 Shares of Walmart Inc. $WMT

GAMMA Investing LLC increased its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 5.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 118,925 shares of the retailer’s stock after acquiring an additional 6,144 shares during the period. Walmart comprises 0.7% of GAMMA Investing LLC’s portfolio, making the stock its 21st biggest position. GAMMA Investing LLC’s holdings in Walmart were worth $12,256,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Bank of New Hampshire increased its stake in Walmart by 0.7% in the third quarter. Bank of New Hampshire now owns 43,490 shares of the retailer’s stock worth $4,482,000 after purchasing an additional 322 shares during the period. Trust Co of the South grew its holdings in shares of Walmart by 3.4% in the third quarter. Trust Co of the South now owns 22,877 shares of the retailer’s stock worth $2,358,000 after purchasing an additional 750 shares during the last quarter. Capital Asset Advisory Services LLC increased its stake in Walmart by 3.6% in the 3rd quarter. Capital Asset Advisory Services LLC now owns 69,981 shares of the retailer’s stock worth $7,212,000 after buying an additional 2,407 shares during the period. Global Wealth Strategies & Associates lifted its holdings in Walmart by 30.5% during the 3rd quarter. Global Wealth Strategies & Associates now owns 1,748 shares of the retailer’s stock valued at $180,000 after buying an additional 409 shares in the last quarter. Finally, American National Bank of Texas purchased a new stake in Walmart in the 3rd quarter valued at about $618,000. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Down 1.2%

Shares of NASDAQ WMT opened at $115.42 on Wednesday. The stock has a market capitalization of $919.92 billion, a PE ratio of 40.36, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $117.45. The stock’s fifty day simple moving average is $106.84 and its two-hundred day simple moving average is $101.78.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the prior year, the business posted $0.58 EPS. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Telsey Advisory Group upped their target price on shares of Walmart from $118.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. UBS Group set a $130.00 price objective on Walmart in a research note on Wednesday, December 3rd. Truist Financial lifted their target price on Walmart from $109.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Wolfe Research started coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price for the company. Finally, Piper Sandler restated an “overweight” rating and set a $123.00 price target (up previously from $111.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $119.71.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the sale, the executive vice president directly owned 892,940 shares in the company, valued at $96,241,073.20. This trade represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP David Chojnowski sold 7,000 shares of Walmart stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total transaction of $746,550.00. Following the completion of the transaction, the senior vice president directly owned 136,289 shares in the company, valued at $14,535,221.85. This represents a 4.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 126,403 shares of company stock worth $13,386,774 in the last quarter. 0.10% of the stock is currently owned by corporate insiders.

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.