NFP Retirement Inc. Has $2.10 Million Position in Walmart Inc. $WMT

NFP Retirement Inc. boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 59.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,444 shares of the retailer’s stock after buying an additional 8,022 shares during the period. NFP Retirement Inc.’s holdings in Walmart were worth $2,097,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Access Investment Management LLC bought a new position in Walmart in the 2nd quarter valued at about $26,000. Operose Advisors LLC raised its stake in shares of Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the last quarter. 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 purchasing an additional 233 shares in the last quarter. Ridgewood Investments LLC grew its holdings in Walmart by 55.3% during the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after buying an additional 115 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in Walmart by 432.4% in the 1st 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. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on WMT. Tigress Financial lifted their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. JPMorgan Chase & Co. raised their price target on shares of Walmart from $127.00 to $128.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. Wells Fargo & Company boosted their price target on shares of Walmart from $108.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday, November 12th. Mizuho reaffirmed an “outperform” rating and issued a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Finally, DA Davidson set a $117.00 target price on shares of Walmart in a research report on Wednesday, October 15th. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.46.

Insiders Place Their Bets

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at approximately $184,921,584. This represents a 1.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the sale, the executive vice president directly owned 1,044,455 shares of the company’s stock, valued at $112,540,026.25. This represents a 0.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 133,888 shares of company stock valued at $13,835,383 in the last quarter. 0.10% of the stock is currently owned by company insiders.

Walmart Price Performance

WMT opened at $100.55 on Thursday. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The firm has a 50-day moving average of $103.40 and a 200 day moving average of $99.80. 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 has a market cap of $801.67 billion, a P/E ratio of 37.80, a PEG ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, research analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

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.