Cadinha & Co. LLC Cuts Stake in Walmart Inc. $WMT

Cadinha & Co. LLC cut its stake in Walmart Inc. (NASDAQ:WMT) by 1.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 244,328 shares of the retailer’s stock after selling 4,830 shares during the quarter. Walmart makes up approximately 3.4% of Cadinha & Co. LLC’s portfolio, making the stock its 14th largest holding. Cadinha & Co. LLC’s holdings in Walmart were worth $25,180,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Access Investment Management LLC purchased a new position in shares of Walmart in the second quarter valued at 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 purchasing an additional 233 shares during the last quarter. Ridgewood Investments LLC raised its stake in Walmart by 55.3% in 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 purchased a new position in Walmart in the 2nd quarter valued at $44,000. Finally, Harbor Asset Planning Inc. acquired a new stake in Walmart during the 2nd quarter worth $46,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

Walmart stock opened at $111.74 on Friday. The firm has a 50 day simple moving average of $108.13 and a 200-day simple moving average of $102.56. The stock has a market cap of $890.59 billion, a price-to-earnings ratio of 39.07, a price-to-earnings-growth ratio of 5.16 and a beta of 0.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $117.45.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the firm posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the transaction, the executive vice president owned 892,940 shares of the company’s stock, 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 filing with the SEC, which is available through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $111.23, for a total transaction of $244,706.00. Following the completion of the sale, the executive vice president directly owned 617,318 shares in the company, valued at $68,664,281.14. This trade represents a 0.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 108,412 shares of company stock worth $11,741,699. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Telsey Advisory Group reiterated an “outperform” rating and issued a $135.00 target price on shares of Walmart in a research report on Wednesday, December 17th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $123.00 price objective on shares of Walmart in a research note on Tuesday, December 9th. Piper Sandler reissued an “overweight” rating and issued a $123.00 target price (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. Wolfe Research began coverage on Walmart in a report on Thursday, September 18th. They set an “outperform” rating and a $129.00 target price on the stock. Finally, Tigress Financial upped their price target on Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Thirty-two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $120.69.

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.