WT Wealth Management Has $3.20 Million Stock Position in Walmart Inc. $WMT

WT Wealth Management lowered its position in shares of Walmart Inc. (NASDAQ:WMT) by 22.1% during the second quarter, Holdings Channel reports. The fund owned 32,688 shares of the retailer’s stock after selling 9,278 shares during the quarter. Walmart makes up 0.9% of WT Wealth Management’s holdings, making the stock its 29th largest holding. WT Wealth Management’s holdings in Walmart were worth $3,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Atlas Legacy Advisors LLC grew its position in Walmart by 1.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares in the last quarter. Meridian Wealth Partners LLC boosted its position 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 period. Revolve Wealth Partners LLC boosted its position in shares of Walmart by 1.1% in the second quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after buying an additional 103 shares during the period. RoundAngle Advisors LLC grew its holdings in shares of Walmart by 0.4% during the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after buying an additional 105 shares in the last quarter. Finally, PCG Wealth Advisors LLC raised its position in Walmart by 3.6% during the second quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock valued at $296,000 after buying an additional 105 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.1%

Shares of NASDAQ WMT opened at $116.79 on Tuesday. The business has a 50 day simple moving average of $106.59 and a 200 day simple moving average of $101.66. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $117.45. The stock has a market cap of $930.84 billion, a price-to-earnings ratio of 40.84, a PEG ratio of 5.40 and a beta of 0.64. 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 posted its 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. The firm had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company’s revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $109.57, for a total value of $2,127,411.12. Following the completion of the sale, the chief executive officer directly owned 4,334,747 shares in the company, 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 document filed with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $111.23, for a total transaction of $244,706.00. Following the transaction, the executive vice president directly owned 617,318 shares in the company, valued at $68,664,281.14. The trade was a 0.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 126,403 shares of company stock worth $13,386,774 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Cowen reissued a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Wolfe Research started coverage on shares of Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. Wells Fargo & Company set a $120.00 price target on shares of Walmart and gave the stock an “overweight” rating in a report on Friday, November 21st. BMO Capital Markets boosted their price objective on shares of Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Finally, DA Davidson set a $130.00 target price on shares of Walmart and gave the stock a “buy” rating in a research report 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.