CCM Investment Advisers LLC Has $19.56 Million Stock Holdings in Walmart Inc. $WMT

CCM Investment Advisers LLC grew its position in shares of Walmart Inc. (NYSE:WMT) by 1.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 200,061 shares of the retailer’s stock after acquiring an additional 3,535 shares during the quarter. Walmart accounts for 2.1% of CCM Investment Advisers LLC’s holdings, making the stock its 18th biggest position. CCM Investment Advisers LLC’s holdings in Walmart were worth $19,562,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Droms Strauss Advisors Inc. MO ADV acquired a new position in Walmart during the second quarter worth $220,000. Bedrijfstakpensioenfonds Voor DE Media PNO increased its stake in Walmart by 33.6% in the 2nd quarter. Bedrijfstakpensioenfonds Voor DE Media PNO now owns 93,500 shares of the retailer’s stock valued at $9,142,000 after buying an additional 23,500 shares during the last quarter. AM Investment Strategies LLC boosted its stake in shares of Walmart by 35.8% during the 2nd quarter. AM Investment Strategies LLC now owns 33,206 shares of the retailer’s stock worth $3,246,000 after buying an additional 8,747 shares during the last quarter. Retirement Income Solutions Inc bought a new position in shares of Walmart in the 2nd quarter valued at about $202,000. Finally, Hall Laurie J Trustee increased its position in shares of Walmart by 3.1% in the second quarter. Hall Laurie J Trustee now owns 12,118 shares of the retailer’s stock valued at $1,185,000 after acquiring an additional 365 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WMT. KeyCorp raised their price target on Walmart from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, June 9th. Bank of America raised their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. The Goldman Sachs Group lifted their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $106.00 price objective on shares of Walmart in a research note on Friday, August 22nd. Twenty-nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $112.62.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the completion of the transaction, the executive vice president owned 645,968 shares of the company’s stock, valued at $66,993,341.28. The trade was a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 151,232 shares of company stock valued at $14,960,635 over the last three months. 0.10% of the stock is owned by insiders.

Walmart Price Performance

NYSE:WMT opened at $102.44 on Wednesday. Walmart Inc. has a 52 week low of $78.98 and a 52 week high of $106.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm’s 50-day simple moving average is $99.68 and its 200 day simple moving average is $95.77. The firm has a market cap of $816.76 billion, a price-to-earnings ratio of 38.51, a P/E/G ratio of 4.85 and a beta of 0.65.

Walmart (NYSE:WMT) last released its quarterly 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%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.67 earnings per share. 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 predict that Walmart Inc. will post 2.55 earnings per share for the current 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.