Walmart Inc. $WMT Shares Acquired by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. raised its stake in shares of Walmart Inc. (NASDAQ:WMT) by 5.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 356,720 shares of the retailer’s stock after buying an additional 19,260 shares during the period. Walmart makes up 1.4% of Lockheed Martin Investment Management Co.’s portfolio, making the stock its 18th biggest position. Lockheed Martin Investment Management Co.’s holdings in Walmart were worth $36,764,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Access Investment Management LLC acquired a new position in shares of Walmart during the 2nd quarter valued at $26,000. PFS Partners LLC lifted its holdings in shares of Walmart by 267.8% in the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares during the period. Roble Belko & Company Inc boosted its stake in Walmart by 212.6% during the third quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock valued at $33,000 after buying an additional 219 shares in the last quarter. Manning & Napier Advisors LLC acquired a new position in Walmart during the third quarter worth about $39,000. Finally, Harbor Asset Planning Inc. acquired a new position in Walmart during the second quarter worth about $46,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 1.3%

Walmart stock opened at $117.81 on Friday. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $121.62. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The stock has a market cap of $938.93 billion, a P/E ratio of 41.19, a P/E/G ratio of 5.09 and a beta of 0.66. The company’s fifty day simple moving average is $112.76 and its 200-day simple moving average is $105.07.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data 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. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. During the same period last year, the company earned $0.58 earnings per share. Walmart’s quarterly revenue was up 5.8% compared to the same quarter last year. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Activity

In other Walmart news, EVP Donna Morris sold 9,384 shares of Walmart stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $120.19, for a total value of $1,127,862.96. Following the completion of the sale, the executive vice president directly owned 536,312 shares in the company, valued at $64,459,339.28. The trade was a 1.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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 dated Thursday, December 18th. The shares were sold at an average price of $114.91, for a total value of $1,508,193.75. Following the transaction, the executive vice president owned 733,841 shares in the company, valued at approximately $84,325,669.31. This trade represents a 1.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 115,799 shares of company stock valued at $12,990,803. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on WMT shares. UBS Group set a $130.00 price target on shares of Walmart in a report on Wednesday, December 3rd. Truist Financial set a $127.00 price target on Walmart in a report on Wednesday, December 17th. Robert W. Baird raised their price objective on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Mizuho set a $125.00 target price on Walmart and gave the stock an “outperform” rating in a report on Monday, January 5th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Walmart in a report on Wednesday, January 14th. Thirty-two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.03.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.