Fiduciary Alliance LLC Boosts Holdings in Walmart Inc. $WMT

Fiduciary Alliance LLC boosted its position in shares of Walmart Inc. (NASDAQ:WMT) by 12.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 104,421 shares of the retailer’s stock after purchasing an additional 11,426 shares during the quarter. Fiduciary Alliance LLC’s holdings in Walmart were worth $10,762,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC increased its position in shares of Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares in the last quarter. Norges Bank bought a new position in Walmart in the 2nd quarter valued at approximately $5,367,770,000. Laurel Wealth Advisors LLC boosted its stake in Walmart by 9,648.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock valued at $1,123,138,000 after purchasing an additional 11,368,549 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after purchasing an additional 5,856,468 shares in the last quarter. Finally, Amundi raised its stake in shares of Walmart by 23.5% in the second quarter. Amundi now owns 19,493,644 shares of the retailer’s stock worth $1,902,775,000 after purchasing an additional 3,710,506 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Performance

Shares of NASDAQ WMT opened at $114.83 on Friday. The firm has a 50 day moving average of $107.36 and a 200 day moving average of $101.97. 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 market capitalization of $915.21 billion, a price-to-earnings ratio of 40.15, a price-to-earnings-growth ratio of 5.34 and a beta of 0.64. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $117.45.

Walmart (NASDAQ:WMT) last released 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. The business had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the firm earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total transaction of $406,520.00. Following the transaction, the executive vice president directly owned 1,040,455 shares in the company, valued at approximately $105,741,441.65. 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 accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the sale, the chief executive officer owned 4,373,576 shares of the company’s stock, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 110,703 shares of company stock worth $11,776,591 in the last quarter. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

WMT has been the topic of several recent analyst reports. Robert W. Baird increased their price objective on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Guggenheim reaffirmed a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of Walmart in a report on Friday, November 21st. BTIG Research reiterated a “buy” rating and issued a $125.00 price target (up from $120.00) on shares of Walmart in a research note on Friday, November 21st. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Finally, Wolfe Research assumed coverage on shares of Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price on the stock. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $120.18.

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.