Daymark Wealth Partners LLC Increases Position in Walmart Inc. $WMT

Daymark Wealth Partners LLC boosted its position in Walmart Inc. (NASDAQ:WMT) by 7.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 155,630 shares of the retailer’s stock after acquiring an additional 10,877 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Walmart were worth $16,039,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in WMT. Brighton Jones LLC lifted its holdings in shares of Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after purchasing an additional 485 shares during the last quarter. Peterson Wealth Management boosted its position in Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after buying an additional 1,715 shares during the period. Dynamic Technology Lab Private Ltd grew its stake in shares of Walmart by 120.9% during the first quarter. Dynamic Technology Lab Private Ltd now owns 9,276 shares of the retailer’s stock valued at $814,000 after buying an additional 5,076 shares during the last quarter. Finally, Cape Investment Advisory Inc. increased its holdings in shares of Walmart by 34.4% in the first quarter. Cape Investment Advisory Inc. now owns 1,954 shares of the retailer’s stock worth $172,000 after buying an additional 500 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $111.83, for a total transaction of $2,171,291.28. Following the sale, the chief executive officer owned 4,315,333 shares in the company, valued at approximately $482,583,689.39. The trade was a 0.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Friday, December 19th. The stock was 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 125,628 shares of company stock valued at $13,690,065 over the last ninety days. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on WMT shares. Wells Fargo & Company restated an “overweight” rating and set a $130.00 price target (up from $120.00) on shares of Walmart in a research report on Friday, December 19th. Evercore ISI set a $120.00 price objective on Walmart and gave the company an “outperform” rating in a research note on Tuesday, December 16th. Bank of America lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. CICC Research initiated coverage on shares of Walmart in a report on Friday, December 26th. They set an “outperform” rating and a $125.00 price target for the company. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $135.00 price target on shares of Walmart in a report on Wednesday, December 17th. Thirty-two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $121.28.

Walmart Stock Down 0.0%

Shares of Walmart stock opened at $112.71 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. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $117.45. The company has a market cap of $898.32 billion, a P/E ratio of 39.41, a PEG ratio of 5.21 and a beta of 0.66. The company’s fifty day simple moving average is $108.82 and its two-hundred day simple moving average is $103.35.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. 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 anticipate that Walmart Inc. will post 2.55 EPS for the current year.

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.