Country Club Bank Has $36.30 Million Stake in Walmart Inc. $WMT

Country Club Bank lessened its stake in Walmart Inc. (NYSE:WMT) by 0.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 373,214 shares of the retailer’s stock after selling 3,529 shares during the period. Walmart comprises about 2.3% of Country Club Bank’s holdings, making the stock its 7th biggest position. Country Club Bank’s holdings in Walmart were worth $36,303,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Trueblood Wealth Management LLC lifted its stake in Walmart by 2.9% during the second quarter. Trueblood Wealth Management LLC now owns 21,519 shares of the retailer’s stock worth $2,104,000 after purchasing an additional 614 shares during the period. Seamount Financial Group Inc. increased its holdings in shares of Walmart by 16.6% during the second quarter. Seamount Financial Group Inc. now owns 12,997 shares of the retailer’s stock worth $1,271,000 after buying an additional 1,849 shares in the last quarter. SteelPeak Wealth LLC increased its holdings in shares of Walmart by 9.6% during the second quarter. SteelPeak Wealth LLC now owns 22,566 shares of the retailer’s stock worth $2,206,000 after buying an additional 1,982 shares in the last quarter. Drake & Associates LLC increased its holdings in shares of Walmart by 24.5% during the second quarter. Drake & Associates LLC now owns 7,884 shares of the retailer’s stock worth $771,000 after buying an additional 1,552 shares in the last quarter. Finally, Heck Capital Advisors LLC increased its holdings in shares of Walmart by 41.1% during the second quarter. Heck Capital Advisors LLC now owns 12,677 shares of the retailer’s stock worth $1,240,000 after buying an additional 3,695 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $103.12 on Wednesday. Walmart Inc. has a 12-month low of $79.07 and a 12-month high of $106.11. The firm has a market capitalization of $822.14 billion, a price-to-earnings ratio of 38.77, a price-to-earnings-growth ratio of 4.84 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average of $100.97 and a 200-day moving average of $96.92.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm 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 quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm 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. On average, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president directly owned 621,718 shares of the company’s stock, valued at approximately $62,998,684.94. The trade was a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,610 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 645,968 shares in the company, valued at $66,993,341.28. This represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock worth $15,083,877 in the last ninety days. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on WMT shares. The Goldman Sachs Group raised their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Telsey Advisory Group reaffirmed an “outperform” rating and set a $118.00 target price on shares of Walmart in a report on Wednesday, September 24th. Piper Sandler reaffirmed an “overweight” rating and set a $111.00 target price on shares of Walmart in a report on Wednesday, September 24th. JPMorgan Chase & Co. lowered their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Finally, Truist Financial lowered their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Thirty analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $112.38.

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.