Marex Group plc Purchases Shares of 6,133 Walmart Inc. $WMT

Marex Group plc acquired a new position in Walmart Inc. (NASDAQ:WMT) during the 2nd quarter, Holdings Channel reports. The firm acquired 6,133 shares of the retailer’s stock, valued at approximately $600,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in WMT. Access Investment Management LLC bought a new position in Walmart in the second quarter worth approximately $26,000. PFS Partners LLC increased its stake in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares in the last quarter. Ridgewood Investments LLC raised its holdings in Walmart by 55.3% in the 2nd 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. Livelsberger Financial Advisory purchased a new position in Walmart during the second quarter valued at $44,000. Finally, Harbor Asset Planning Inc. bought a new stake in Walmart during the second quarter valued at about $46,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the completion of the transaction, the chief executive officer directly owned 4,334,747 shares of the company’s stock, valued at approximately $474,958,228.79. This represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $104.75, for a total value of $1,374,843.75. Following the completion of the sale, the executive vice president directly owned 879,815 shares in the company, valued at approximately $92,160,621.25. The trade was a 1.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 126,403 shares of company stock valued at $13,386,774 in the last ninety days. Company insiders own 0.10% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $116.70 on Monday. The firm has a market cap of $930.12 billion, a price-to-earnings ratio of 40.80, a P/E/G ratio of 5.40 and a beta of 0.64. The firm has a fifty day moving average price of $106.31 and a 200 day moving average price of $101.52. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $116.95. 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 (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) 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 company had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same period in the previous year, the firm posted $0.58 EPS. Walmart’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. As a group, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent research reports. Cowen reaffirmed a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Tigress Financial raised their target price on shares of Walmart from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $123.00 price target on shares of Walmart in a research report on Tuesday, December 9th. Bank of America increased their price objective 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. Finally, Wells Fargo & Company set a $120.00 target price on shares of Walmart and gave the company an “overweight” rating in a research note on Friday, November 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $119.31.

Walmart Company 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.