Midwestern Financial LLC IA Makes New Investment in Walmart Inc. $WMT

Midwestern Financial LLC IA bought a new stake in shares of Walmart Inc. (NASDAQ:WMT) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 4,439 shares of the retailer’s stock, valued at approximately $434,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in WMT. Tribridge Partners Financial LLC acquired a new stake in Walmart in the second quarter valued at $254,000. Orion Porfolio Solutions LLC raised its stake in shares of Walmart by 1.4% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 623,077 shares of the retailer’s stock valued at $60,925,000 after purchasing an additional 8,512 shares in the last quarter. Claris Financial LLC lifted its position in shares of Walmart by 15.6% during the second quarter. Claris Financial LLC now owns 4,538 shares of the retailer’s stock worth $444,000 after purchasing an additional 611 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH acquired a new position in Walmart in the second quarter worth about $7,497,000. Finally, Silverlake Wealth Management LLC raised its stake in Walmart by 46.7% during the second quarter. Silverlake Wealth Management LLC now owns 16,174 shares of the retailer’s stock valued at $1,581,000 after buying an additional 5,148 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction 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 owned 879,815 shares in the company, valued at $92,160,621.25. This represents a 1.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total value of $406,520.00. Following the transaction, the executive vice president directly owned 1,040,455 shares in the company, valued at approximately $105,741,441.65. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 126,403 shares of company stock worth $13,386,774. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on WMT. Robert W. Baird boosted their price objective on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Guggenheim reiterated a “buy” rating and issued a $120.00 price objective (up from $115.00) on shares of Walmart in a research report on Friday, November 21st. Jefferies Financial Group restated a “buy” rating on shares of Walmart in a research report on Tuesday, December 9th. Finally, KeyCorp restated an “overweight” rating and issued a $120.00 price target (up previously from $110.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $119.31.

Walmart Stock Up 1.0%

Walmart stock opened at $116.70 on Monday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $116.95. The stock has a market cap of $930.12 billion, a price-to-earnings ratio of 40.80, a PEG ratio of 5.40 and a beta of 0.64. The company’s 50-day moving average price is $106.31 and its two-hundred day moving average price is $101.52. 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 (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same period last year, the firm posted $0.58 earnings per share. The business’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

About Walmart

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.