Walmart Inc. $WMT Shares Bought by Brighton Jones LLC

Brighton Jones LLC increased its stake in Walmart Inc. (NASDAQ:WMT) by 34.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 125,872 shares of the retailer’s stock after acquiring an additional 32,358 shares during the quarter. Brighton Jones LLC’s holdings in Walmart were worth $12,972,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its stake in Walmart by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after buying an additional 5,856,468 shares in the last quarter. Kingstone Capital Partners Texas LLC lifted its stake in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Walmart by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after purchasing an additional 263,718 shares during the last quarter. Norges Bank acquired a new position in shares of Walmart during the 2nd quarter valued at about $5,367,770,000. Finally, Ameriprise Financial Inc. grew its holdings in shares of Walmart by 3.6% in the second quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock valued at $3,126,775,000 after purchasing an additional 1,098,342 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Down 1.5%

Shares of NASDAQ:WMT opened at $112.60 on Tuesday. 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 cap of $897.44 billion, a price-to-earnings ratio of 39.37, a PEG ratio of 5.28 and a beta of 0.64. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $117.45. The stock’s 50-day moving average price is $107.82 and its two-hundred day moving average price is $102.20.

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, beating the consensus estimate of $0.60 by $0.02. The company had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insider Transactions at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $115.21, for a total value of $460,840.00. Following the transaction, the executive vice president directly owned 1,031,455 shares of the company’s stock, valued at $118,833,930.55. This trade represents a 0.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $114.91, for a total value of $1,508,193.75. Following the completion of the transaction, the executive vice president owned 733,841 shares of the company’s stock, valued at approximately $84,325,669.31. This represents a 1.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 127,828 shares of company stock worth $13,745,625 in the last quarter. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WMT has been the subject of a number of research analyst reports. Wells Fargo & Company reiterated an “overweight” rating and set a $130.00 price target (up from $120.00) on shares of Walmart in a report on Friday. DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a report on Friday, November 21st. Tigress Financial upped their price target on Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Cowen reissued a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $122.00 target price (up previously from $118.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-one equities 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, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.54.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.