Walmart Inc. $WMT Stake Lowered by Chicago Capital LLC

Chicago Capital LLC trimmed its stake in shares of Walmart Inc. (NASDAQ:WMT) by 28.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,121 shares of the retailer’s stock after selling 9,001 shares during the quarter. Chicago Capital LLC’s holdings in Walmart were worth $2,280,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. CWM LLC boosted 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 during the period. Neuberger Berman Group LLC lifted 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 in the last quarter. Aviva PLC boosted its position in Walmart by 16.4% during 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 period. Weatherly Asset Management L. P. grew its stake in Walmart by 7.0% during the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock valued at $5,489,000 after acquiring an additional 3,696 shares in the last quarter. Finally, Willis Johnson & Associates Inc. increased its holdings in shares of Walmart by 76.6% in the 2nd quarter. Willis Johnson & Associates Inc. now owns 42,626 shares of the retailer’s stock valued at $4,168,000 after purchasing an additional 18,485 shares during the period. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on WMT shares. BMO Capital Markets upped their price objective on shares of Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Morgan Stanley restated an “overweight” rating and set a $125.00 price target (up from $115.00) on shares of Walmart in a report on Friday, November 21st. KeyCorp reiterated an “overweight” rating and set a $120.00 price objective (up from $110.00) on shares of Walmart in a report on Friday, November 21st. Cowen restated a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Finally, Robert W. Baird upped their target price on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Thirty-two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.28.

Walmart Stock Performance

WMT opened at $112.71 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The company has a market cap of $898.32 billion, a PE ratio of 39.41, a price-to-earnings-growth ratio of 5.21 and a beta of 0.66. The stock has a 50-day moving average of $108.82 and a 200-day moving average of $103.35. Walmart Inc. has a 52-week low of $79.81 and a 52-week 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 analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm’s revenue was up 5.8% compared to the same quarter last year. During the same period last year, the business earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $114.91, for a total transaction of $1,508,193.75. Following the completion of the sale, the executive vice president directly owned 733,841 shares of the company’s stock, valued at approximately $84,325,669.31. This represents a 1.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on 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 transaction, the executive vice president owned 1,031,455 shares in the company, valued at $118,833,930.55. This trade represents a 0.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 125,628 shares of company stock valued at $13,690,065 in the last three months. Company insiders own 0.10% of the company’s stock.

About Walmart

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.