Exeter Financial LLC Has $4.13 Million Stock Holdings in Walmart Inc. $WMT

Exeter Financial LLC trimmed its position in Walmart Inc. (NASDAQ:WMT) by 17.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,095 shares of the retailer’s stock after selling 8,461 shares during the quarter. Walmart makes up 1.8% of Exeter Financial LLC’s holdings, making the stock its 19th largest position. Exeter Financial LLC’s holdings in Walmart were worth $4,132,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Access Investment Management LLC bought a new position in shares of Walmart during the 2nd quarter worth approximately $26,000. PFS Partners LLC raised its stake in Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares during the period. Ridgewood Investments LLC lifted its holdings in Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares during the last quarter. Livelsberger Financial Advisory bought a new position in Walmart during the second quarter worth $44,000. Finally, Harbor Asset Planning Inc. acquired a new position in shares of Walmart in the second quarter valued at $46,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of research reports. Robert W. Baird raised their target price on shares of Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. BMO Capital Markets increased their price target on shares of Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Wolfe Research initiated coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 price objective for the company. Tigress Financial upped their target price on Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Finally, Wells Fargo & Company set a $120.00 target price on Walmart and gave the stock an “overweight” rating in a research note on Friday, November 21st. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.18.

Walmart Stock Up 0.2%

NASDAQ WMT opened at $115.66 on Thursday. 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 1-year low of $79.81 and a 1-year high of $117.45. The company has a 50 day moving average of $107.09 and a 200-day moving average of $101.88. The company has a market cap of $921.83 billion, a price-to-earnings ratio of 40.44, a PEG ratio of 5.33 and a beta of 0.64.

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

Insider Buying and Selling

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was 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 owned 1,044,455 shares of the company’s stock, valued at $112,540,026.25. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $101.18, for a total transaction of $222,596.00. Following the sale, the executive vice president owned 619,518 shares in the company, valued at $62,682,831.24. The trade was a 0.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 114,703 shares of company stock valued at $12,191,911 in the last ninety days. Insiders own 0.10% of the company’s stock.

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.