Brookstone Capital Management Increases Holdings in Walmart Inc. $WMT

Brookstone Capital Management grew its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 2.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 270,435 shares of the retailer’s stock after buying an additional 5,523 shares during the period. Brookstone Capital Management’s holdings in Walmart were worth $27,871,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of WMT. Revolve Wealth Partners LLC increased its holdings in shares of Walmart by 1.0% in the 3rd quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after purchasing an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC boosted its holdings in shares of Walmart by 1.1% in the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after buying an additional 98 shares during the last quarter. Meridian Wealth Partners LLC grew its position in shares of Walmart by 2.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after acquiring an additional 99 shares during the period. Hickory Point Bank & Trust increased its position in Walmart by 1.3% in the third quarter. Hickory Point Bank & Trust now owns 7,706 shares of the retailer’s stock worth $794,000 after buying an additional 100 shares in the last quarter. Finally, CogentBlue Wealth Advisors LLC increased its holdings in Walmart by 2.9% in the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 3,594 shares of the retailer’s stock worth $370,000 after acquiring an additional 100 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Evercore ISI set a $120.00 price target on Walmart and gave the company an “outperform” rating in a report on Tuesday, December 16th. 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. Bank of America boosted their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Cowen restated a “buy” rating on shares of Walmart in a report on Tuesday, December 9th. Finally, CICC Research assumed coverage on shares of Walmart in a research report on Friday. They set an “outperform” rating on the stock. Thirty-two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.54.

Walmart Stock Up 0.6%

NASDAQ:WMT opened at $111.56 on Friday. The company has a market cap of $889.15 billion, a PE ratio of 39.01, a P/E/G ratio of 5.15 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. The company’s 50 day moving average is $108.05 and its two-hundred day moving average is $102.43. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $117.45.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS 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 company had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the transaction, the chief executive officer owned 4,334,747 shares in the company, valued at approximately $474,958,228.79. This represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Friday, December 19th. The shares were sold at an average price of $115.21, for a total transaction of $460,840.00. Following the completion of the sale, the executive vice president directly owned 1,031,455 shares in the company, valued at $118,833,930.55. This represents a 0.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 108,412 shares of company stock valued at $11,741,699 in the last 90 days. 0.10% of the stock is currently owned by insiders.

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.