Montrusco Bolton Investments Inc. Has $46.35 Million Stock Position in Walmart Inc. $WMT

Montrusco Bolton Investments Inc. grew its position in Walmart Inc. (NYSE:WMT) by 7.1% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 473,970 shares of the retailer’s stock after buying an additional 31,485 shares during the period. Montrusco Bolton Investments Inc.’s holdings in Walmart were worth $46,345,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in WMT. Operose Advisors LLC increased its stake in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after buying an additional 243 shares during the period. PFS Partners LLC grew its stake in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the period. Bear Mountain Capital Inc. grew its stake in shares of Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after purchasing an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after purchasing an additional 294 shares during the period. Finally, Ridgewood Investments LLC grew its stake in shares of Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. decreased their price objective on Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $118.00 price objective on shares of Walmart in a research note on Wednesday, September 24th. Truist Financial reduced their target price on Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Finally, Guggenheim reiterated a “buy” rating and set a $115.00 target price (up from $112.00) on shares of Walmart in a report on Monday, August 18th. Thirty investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $112.38.

Walmart Stock Performance

Shares of Walmart stock opened at $102.04 on Tuesday. The firm has a market cap of $813.51 billion, a price-to-earnings ratio of 38.36, a price-to-earnings-growth ratio of 4.80 and a beta of 0.67. The stock’s 50-day moving average is $101.27 and its 200-day moving average is $97.46. Walmart Inc. has a one year low of $79.76 and a one year high of $106.11. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter in the previous year, the company posted $0.67 EPS. The business’s revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction of $222,926.00. Following the sale, the executive vice president owned 621,718 shares in the company, valued at approximately $62,998,684.94. This represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $103.74, for a total value of $1,361,587.50. Following the sale, the executive vice president owned 906,064 shares in the company, valued at $93,995,079.36. The trade was a 1.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,488 shares of company stock valued at $14,917,151 in the last ninety days. Insiders own 0.10% of the company’s stock.

Walmart Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.