L.M. Kohn & Company Has $776,000 Stock Position in Walmart Inc. $WMT

L.M. Kohn & Company lowered its holdings in shares of Walmart Inc. (NASDAQ:WMTFree Report) by 75.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 7,532 shares of the retailer’s stock after selling 22,566 shares during the period. L.M. Kohn & Company’s holdings in Walmart were worth $776,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. CWM LLC raised its position in Walmart by 24.2% in the third quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock valued at $121,168,000 after purchasing an additional 229,220 shares during the last quarter. Neuberger Berman Group LLC increased its stake in shares of Walmart by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock valued at $497,771,000 after buying an additional 42,645 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its holdings in Walmart by 16.6% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer’s stock valued at $6,567,000 after buying an additional 9,061 shares during the last quarter. Aviva PLC raised its stake in shares of Walmart by 16.4% during the second quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock valued at $374,861,000 after acquiring an additional 539,504 shares during the last quarter. Finally, World Investment Advisors raised its position in Walmart by 5.2% during the 3rd quarter. World Investment Advisors now owns 293,866 shares of the retailer’s stock worth $30,286,000 after purchasing an additional 14,487 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Friday, December 26th. The stock was sold at an average price of $111.83, for a total value of $2,171,291.28. Following the completion of the transaction, the chief executive officer directly owned 4,315,333 shares in the company, valued at approximately $482,583,689.39. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David Chojnowski sold 7,000 shares of Walmart stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $106.65, for a total value of $746,550.00. Following the transaction, the senior vice president directly owned 136,289 shares of the company’s stock, valued at $14,535,221.85. The trade was a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 135,215 shares of company stock valued at $15,304,608. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. The Goldman Sachs Group set a $121.00 target price on shares of Walmart and gave the company a “buy” rating in a research report on Tuesday, January 13th. DA Davidson set a $130.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, November 21st. Oppenheimer reiterated an “outperform” rating and issued a $125.00 target price (up from $115.00) on shares of Walmart in a report on Thursday, January 8th. Wall Street Zen cut shares of Walmart from a “buy” rating to a “hold” rating in a research report on Sunday, January 18th. Finally, JPMorgan Chase & Co. increased their price target on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Thirty-two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $123.37.

Check Out Our Latest Stock Report on Walmart

Walmart Price Performance

Walmart stock opened at $119.14 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. The company has a market cap of $949.57 billion, a price-to-earnings ratio of 41.66, a PEG ratio of 5.01 and a beta of 0.66. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $121.62. The business’s 50 day simple moving average is $114.48 and its 200 day simple moving average is $105.95.

Walmart (NASDAQ:WMTGet Free Report) last announced its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.02. The company had revenue of $179.50 billion during the quarter, compared to analyst estimates of $175.15 billion. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

About Walmart

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Walmart (NASDAQ:WMT)

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