Private Management Group Inc. Takes $322,000 Position in Walmart Inc. $WMT

Private Management Group Inc. bought a new position in Walmart Inc. (NYSE:WMT) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 3,295 shares of the retailer’s stock, valued at approximately $322,000.

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

Insiders Place Their Bets

In other news, EVP Daniel J. Bartlett sold 1,630 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $102.58, for a total transaction of $167,205.40. Following the sale, the executive vice president directly owned 642,788 shares of the company’s stock, valued at $65,937,193.04. This represents a 0.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction, the executive vice president owned 1,040,455 shares of the company’s stock, valued at $105,741,441.65. This represents a 0.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 137,888 shares of company stock worth $14,241,903. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on WMT shares. DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a research report on Friday. Mizuho restated an “outperform” rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Robert W. Baird upped their target price on shares of Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a report on Friday. BTIG Research reissued a “buy” rating and set a $125.00 price target (up from $120.00) on shares of Walmart in a report on Friday. Finally, JPMorgan Chase & Co. boosted their price objective on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $118.55.

Walmart Stock Performance

Shares of NYSE WMT opened at $105.29 on Friday. The company has a market cap of $839.46 billion, a P/E ratio of 39.58, a P/E/G ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. 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 fifty day moving average is $103.52 and its two-hundred day moving average is $99.90.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the prior year, the firm earned $0.58 EPS. The business’s revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal 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.