GM Advisory Group LLC Boosts Stake in Walmart Inc. $WMT

GM Advisory Group LLC increased its stake in Walmart Inc. (NYSE:WMT) by 214.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,425 shares of the retailer’s stock after purchasing an additional 21,421 shares during the quarter. GM Advisory Group LLC’s holdings in Walmart were worth $3,073,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Access Investment Management LLC purchased a new stake in shares of Walmart in the second quarter worth $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 purchasing an additional 243 shares in the last quarter. PFS Partners LLC lifted its position in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares in the last quarter. Ridgewood Investments LLC boosted its stake in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after buying an additional 115 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its stake in Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $109.21 on Thursday. The company’s 50-day simple moving average is $103.70 and its two-hundred day simple moving average is $100.09. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a one year low of $79.81 and a one year high of $109.59. The company has a market capitalization of $870.70 billion, a P/E ratio of 41.06, a P/E/G ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same period last year, the business posted $0.58 EPS. Walmart’s quarterly 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, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Truist Financial lifted their price objective on Walmart from $109.00 to $119.00 and gave the stock a “buy” rating in a research note on Thursday, November 20th. Wells Fargo & Company set a $120.00 price target on shares of Walmart and gave the stock an “overweight” rating in a research report on Friday, November 21st. Morgan Stanley reiterated an “overweight” rating and set a $125.00 price objective (up previously from $115.00) on shares of Walmart in a research report on Friday, November 21st. Sanford C. Bernstein restated an “outperform” rating and issued a $122.00 target price (up from $118.00) on shares of Walmart in a report on Friday, November 21st. Finally, UBS Group reiterated a “buy” rating on shares of Walmart in a research report on Friday, November 14th. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $118.55.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,630 shares of the firm’s stock in a transaction dated 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 owned 642,788 shares of the company’s stock, valued at $65,937,193.04. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the sale, the executive vice president directly owned 879,815 shares of the company’s stock, valued at approximately $92,160,621.25. The trade was a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 138,597 shares of company stock worth $14,499,943 over the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

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.