Walmart Inc. $WMT Stake Lessened by First Financial Bankshares Inc

First Financial Bankshares Inc lessened its stake in Walmart Inc. (NYSE:WMT) by 1.2% in the first quarter, Holdings Channel reports. The institutional investor owned 496,318 shares of the retailer’s stock after selling 5,805 shares during the quarter. First Financial Bankshares Inc’s holdings in Walmart were worth $43,572,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Full Sail Capital LLC boosted its holdings in Walmart by 6.6% in the fourth quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer’s stock worth $786,000 after purchasing an additional 541 shares during the period. Ally Financial Inc. acquired a new position in Walmart in the first quarter worth $2,107,000. Monument Capital Management boosted its holdings in Walmart by 94.2% in the first quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after purchasing an additional 26,685 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Walmart by 11.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock worth $698,787,000 after purchasing an additional 838,689 shares during the period. Finally, Milestone Asset Management LLC boosted its holdings in Walmart by 156.7% in the first quarter. Milestone Asset Management LLC now owns 54,659 shares of the retailer’s stock worth $4,799,000 after purchasing an additional 33,370 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of Walmart stock opened at $96.97 on Monday. The company’s 50-day moving average price is $98.12 and its two-hundred day moving average price is $95.29. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The stock has a market cap of $773.85 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 4.66 and a beta of 0.65. Walmart Inc. has a 52 week low of $75.67 and a 52 week high of $105.30.

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

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total transaction of $1,855,781.28. Following the completion of the transaction, the chief executive officer directly owned 4,412,398 shares in the company, valued at $421,737,000.84. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Friday, August 1st. The stock was sold at an average price of $98.30, for a total value of $216,260.00. Following the sale, the executive vice president owned 626,118 shares in the company, valued at $61,547,399.40. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 99,766 shares of company stock valued at $9,640,873 in the last three months. 0.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WMT shares. KeyCorp boosted their price target on shares of Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, June 9th. DA Davidson reissued a “buy” rating and set a $117.00 price target on shares of Walmart in a report on Friday, May 16th. Royal Bank Of Canada reissued an “outperform” rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Telsey Advisory Group boosted their price target on shares of Walmart from $115.00 to $118.00 and gave the company an “outperform” rating in a report on Friday, August 22nd. Finally, Mizuho reissued an “outperform” rating and set a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $110.59.

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.