Perigon Wealth Management LLC Increases Stake in Walmart Inc. $WMT

Perigon Wealth Management LLC grew its stake in shares of Walmart Inc. (NASDAQ:WMT) by 26.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,556 shares of the retailer’s stock after buying an additional 37,037 shares during the period. Perigon Wealth Management LLC’s holdings in Walmart were worth $17,990,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC lifted its position in shares of Walmart by 24.2% in the third quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock worth $121,168,000 after buying an additional 229,220 shares in the last quarter. Neuberger Berman Group LLC increased its stake in Walmart by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock worth $497,771,000 after acquiring an additional 42,645 shares during the last quarter. Aviva PLC increased its stake in Walmart by 16.4% in the 2nd quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after acquiring an additional 539,504 shares during the last quarter. Weatherly Asset Management L. P. raised its holdings in shares of Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after acquiring an additional 3,696 shares in the last quarter. Finally, Willis Johnson & Associates Inc. boosted its position in shares of Walmart by 76.6% during the 2nd quarter. Willis Johnson & Associates Inc. now owns 42,626 shares of the retailer’s stock valued at $4,168,000 after acquiring an additional 18,485 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Walmart stock opened at $111.74 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The firm has a market capitalization of $890.59 billion, a P/E ratio of 39.07, a price-to-earnings-growth ratio of 5.16 and a beta of 0.64. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $117.45. The company’s 50-day moving average is $108.13 and its 200 day moving average is $102.61.

Walmart (NASDAQ:WMT) last announced its earnings results 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. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. During the same quarter in the previous year, the business earned $0.58 earnings per share. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WMT. Royal Bank Of Canada restated an “outperform” rating and issued a $123.00 price target on shares of Walmart in a research report on Tuesday, December 9th. KeyCorp reissued an “overweight” rating and issued a $120.00 price objective (up from $110.00) on shares of Walmart in a research note on Friday, November 21st. Sanford C. Bernstein restated an “outperform” rating and set a $122.00 target price (up from $118.00) on shares of Walmart in a research report 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. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Thirty-two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $120.69.

Insider Buying and Selling

In other 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 completion of the sale, the executive vice president directly owned 1,040,455 shares in the company, valued at approximately $105,741,441.65. This trade represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Chojnowski sold 7,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total transaction of $746,550.00. Following the sale, the senior vice president directly owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This represents a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 108,412 shares of company stock worth $11,741,699 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Walmart Company 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.