Walmart Inc. $WMT Shares Bought by Parallel Advisors LLC

Parallel Advisors LLC raised its stake in shares of Walmart Inc. (NASDAQ:WMT) by 2.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 168,325 shares of the retailer’s stock after buying an additional 4,427 shares during the quarter. Parallel Advisors LLC’s holdings in Walmart were worth $17,492,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Montgomery Financial Services LLC purchased a new stake in shares of Walmart in the second quarter worth $32,000. Turim 21 Investimentos Ltda. bought a new position in shares of Walmart during the second quarter valued at $34,000. Pingora Partners LLC purchased a new position in shares of Walmart in the 2nd quarter worth about $34,000. PMV Capital Advisers LLC purchased a new position in shares of Walmart in the 2nd quarter worth about $34,000. Finally, Team Financial Group LLC purchased a new position in shares of Walmart in the 3rd quarter worth about $40,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of Walmart stock traded down $2.20 during trading on Friday, hitting $125.52. 24,820,838 shares of the company’s stock traded hands, compared to its average volume of 20,341,588. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15. The stock has a market capitalization of $995.84 billion, a P/E ratio of 45.31, a PEG ratio of 4.61 and a beta of 0.53. The business has a 50-day simple moving average of $112.48 and a 200-day simple moving average of $118.59.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The company had revenue of $187.94 billion during the quarter, compared to the consensus estimate of $186.64 billion. During the same period last year, the company earned $0.68 EPS. Walmart’s revenue for the quarter was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. As a group, analysts forecast that Walmart Inc. will post 2.88 EPS for the current year.

Insider Activity

In other news, EVP Christopher Nicholas sold 2,900 shares of Walmart stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $120.60, for a total value of $349,740.00. Following the completion of the sale, the executive vice president directly owned 563,353 shares in the company, valued at $67,940,371.80. The trade was a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $115.00, for a total transaction of $575,000.00. Following the transaction, the executive vice president directly owned 110,432 shares of the company’s stock, valued at $12,699,680. The trade was a 4.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 268,222 shares of company stock worth $31,604,051. 0.09% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on WMT shares. KeyCorp reissued an “overweight” rating and set a $135.00 price objective (down from $145.00) on shares of Walmart in a research report on Thursday, September 10th. BTIG Research reiterated a “buy” rating and issued a $140.00 target price on shares of Walmart in a research note on Thursday, September 10th. Freedom Broker upgraded shares of Walmart from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. Roth Capital reiterated a “buy” rating and set a $138.00 price target (up from $108.00) on shares of Walmart in a report on Friday, August 21st. Finally, TD Cowen began coverage on shares of Walmart in a research report on Friday, October 30th. They set a “strong-buy” rating for the company. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Buy” and a consensus price target of $129.62.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: ETFs added a net $40.3 million of Walmart shares on Nov. 4, indicating institutional fund demand. 54 ETFs Add to Walmart (WMT) on Wednesday
• Positive Sentiment: Walmart is expanding its drone-delivery partnership with Zipline, which has raised $1.5 billion at a $21.5 billion valuation. A broader partnership could help Walmart improve delivery capabilities, though the articles do not specify its financial impact. Zipline hits $21.5B valuation as Walmart expands bet on drone delivery
• Positive Sentiment: Walmart is working with Meta to integrate its Muse AI shopping agent into the online shopping experience, a move that could create new ways to reach customers and facilitate purchases. What Is Walmart (WMT) Betting On With Its New AI Shopping Agent?
• Neutral Sentiment: A report on potential rate hikes discusses consumer-staples stocks as potentially attractive in that environment. Higher rates may also pressure valuations, so the implication for Walmart is mixed. Rate Hikes Could Be Coming: History Likes These 4 Consumer Staples Stocks
• Negative Sentiment: Walmart executive Suresh Kumar sold 166,342 shares. Insider sales can weigh on sentiment, although a sale alone does not establish a change in the company’s outlook. Walmart Stock: Insider Suresh Kumar Sells 166,342 Shares

Walmart Company Profile

Walmart is a multinational retailer that operates discount stores, supercenters, neighborhood markets, and membership warehouse clubs. Its business includes Walmart U.S., Walmart International, and Sam’s Club.

The company sells groceries and a broad range of general merchandise, including apparel, electronics, household goods, and health and wellness products. Walmart also serves customers through e-commerce, with services such as order pickup and delivery.

Founded by Sam Walton in 1962, Walmart is headquartered in Bentonville, Arkansas.