Walmart Inc. $WMT Shares Bought by Pettyjohn Wood & White Inc.

Pettyjohn Wood & White Inc. raised its stake in Walmart Inc. (NYSE:WMT) by 0.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 155,386 shares of the retailer’s stock after purchasing an additional 615 shares during the quarter. Walmart accounts for 2.7% of Pettyjohn Wood & White Inc.’s investment portfolio, making the stock its 7th biggest holding. Pettyjohn Wood & White Inc.’s holdings in Walmart were worth $15,194,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Kingstone Capital Partners Texas LLC grew its position in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Walmart in the 1st quarter worth $2,532,331,000. Goldman Sachs Group Inc. boosted its holdings in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after acquiring an additional 7,706,201 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Walmart by 1.4% in the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after acquiring an additional 5,856,468 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Walmart by 527.1% during the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock worth $591,620,000 after acquiring an additional 5,664,484 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total value of $406,520.00. Following the sale, the executive vice president directly owned 1,040,455 shares in the company, valued at $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the transaction, the executive vice president directly owned 892,940 shares of the company’s stock, valued at approximately $96,241,073.20. This trade represents a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 137,888 shares of company stock valued at $14,241,903. 0.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Tigress Financial raised their price objective on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Telsey Advisory Group lifted their price target on Walmart from $118.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. increased their price objective on Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Guggenheim reissued a “buy” rating and issued a $120.00 target price (up previously from $115.00) on shares of Walmart in a report on Friday. Thirty-one investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $118.55.

Walmart Stock Down 1.7%

Walmart stock opened at $105.29 on Friday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The firm has a market capitalization of $839.46 billion, a price-to-earnings ratio of 39.58, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The stock’s fifty day moving average is $103.52 and its two-hundred day moving average is $99.89. 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 (NYSE:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart 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.