Nicholas Wealth LLC. Raises Position in Walmart Inc. $WMT

Nicholas Wealth LLC. grew its holdings in Walmart Inc. (NYSE:WMT) by 3.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 14,911 shares of the retailer’s stock after buying an additional 512 shares during the quarter. Nicholas Wealth LLC.’s holdings in Walmart were worth $1,458,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Access Investment Management LLC purchased a new stake in Walmart during the 2nd quarter worth about $26,000. Operose Advisors LLC grew its position in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after buying an additional 243 shares in the last quarter. PFS Partners LLC increased its stake in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock worth $32,000 after buying an additional 294 shares during the period. Finally, Ridgewood Investments LLC raised its holdings in Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after acquiring an additional 115 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on WMT shares. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research report on Wednesday, October 8th. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the company an “outperform” rating in a report on Friday, August 22nd. Wells Fargo & Company raised their price target on Walmart from $108.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, November 12th. Cowen reaffirmed a “buy” rating on shares of Walmart in a research report on Monday, November 10th. Finally, Bank of America increased their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Thirty-one analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $113.97.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total value of $2,003,925.36. Following the transaction, the chief executive officer directly owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s 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 completion of the sale, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 145,383 shares of company stock valued at $14,961,647. 0.10% of the stock is owned by company insiders.

Walmart Stock Down 1.4%

Walmart stock opened at $101.47 on Wednesday. The company has a market capitalization of $808.97 billion, a P/E ratio of 38.14, a PEG ratio of 4.83 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The stock has a 50-day simple moving average of $103.40 and a 200-day simple moving average of $99.80.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.