Walmart Inc. $WMT is City Holding Co.’s 6th Largest Position

City Holding Co. cut its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 3.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 186,997 shares of the retailer’s stock after selling 5,696 shares during the period. Walmart comprises about 2.4% of City Holding Co.’s investment portfolio, making the stock its 6th biggest holding. City Holding Co.’s holdings in Walmart were worth $19,272,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Revolve Wealth Partners LLC increased its holdings in Walmart by 1.0% during 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 during the last quarter. Atlas Legacy Advisors LLC grew its position in shares of Walmart by 1.1% during 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 in the last quarter. Meridian Wealth Partners LLC increased its stake in shares of Walmart by 2.1% in the second quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock worth $470,000 after buying an additional 99 shares during the last quarter. Hickory Point Bank & Trust raised its holdings in Walmart by 1.3% in the third quarter. Hickory Point Bank & Trust now owns 7,706 shares of the retailer’s stock valued at $794,000 after acquiring an additional 100 shares in the last quarter. Finally, CogentBlue Wealth Advisors LLC boosted its stake in Walmart by 2.9% during the 3rd quarter. CogentBlue Wealth Advisors LLC now owns 3,594 shares of the retailer’s stock valued at $370,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of recent analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $123.00 target price on shares of Walmart in a research note on Tuesday, December 9th. Guggenheim reissued a “buy” rating and issued a $120.00 price objective (up from $115.00) on shares of Walmart in a report on Friday, November 21st. Piper Sandler restated an “overweight” rating and set a $123.00 price objective (up previously from $111.00) on shares of Walmart in a research note on Friday, November 21st. Bank of America increased their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $129.00 price target (up from $122.00) on shares of Walmart in a report on Monday. Thirty-two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $121.28.

Walmart Stock Performance

Shares of WMT opened at $112.71 on Tuesday. The firm has a fifty day moving average of $108.82 and a 200-day moving average of $103.35. The company has a market cap of $898.32 billion, a price-to-earnings ratio of 39.41, a price-to-earnings-growth ratio of 5.21 and a beta of 0.66. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $117.45.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. Walmart’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The stock was 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 directly owned 892,940 shares in the company, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP David Chojnowski sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total value of $746,550.00. Following the completion of the sale, the senior vice president owned 136,289 shares in the company, valued at approximately $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. In the last ninety days, insiders have sold 125,628 shares of company stock valued at $13,690,065. 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.