North Dallas Bank & Trust Co. Invests $1.76 Million in Walmart Inc. $WMT

North Dallas Bank & Trust Co. purchased a new stake in Walmart Inc. (NASDAQ:WMT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,983 shares of the retailer’s stock, valued at approximately $1,758,000. Walmart accounts for 1.3% of North Dallas Bank & Trust Co.’s holdings, making the stock its 20th largest position.

Several other hedge funds have also added to or reduced their stakes in WMT. Vanguard Group Inc. raised its position in shares of Walmart by 1.4% during the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after purchasing an additional 5,856,468 shares during the period. Kingstone Capital Partners Texas LLC raised its holdings in Walmart by 397,264.9% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after buying an additional 104,488,610 shares during the period. Geode Capital Management LLC lifted its stake in Walmart by 0.3% in the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock valued at $9,199,712,000 after buying an additional 263,718 shares in the last quarter. Norges Bank acquired a new position in shares of Walmart in the second quarter valued at approximately $5,367,770,000. Finally, Ameriprise Financial Inc. increased its position in shares of Walmart by 3.6% during the second quarter. Ameriprise Financial Inc. now owns 31,973,329 shares of the retailer’s stock worth $3,126,775,000 after acquiring an additional 1,098,342 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 1.0%

WMT stock opened at $116.70 on Friday. The company has a market cap of $930.12 billion, a price-to-earnings ratio of 40.80, a P/E/G ratio of 5.40 and a beta of 0.64. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $116.95. The business has a 50 day moving average price of $106.31 and a two-hundred day moving average price of $101.49. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. The company had revenue of $179.50 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $122.00 target price (up from $118.00) on shares of Walmart in a research note on Friday, November 21st. Robert W. Baird upped their price objective on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. KeyCorp reiterated an “overweight” rating and set a $120.00 price objective (up from $110.00) on shares of Walmart in a report on Friday, November 21st. Guggenheim restated a “buy” rating and issued a $120.00 target price (up previously from $115.00) on shares of Walmart in a research note on Friday, November 21st. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $123.00 price target (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $119.31.

Insider Activity

In other news, SVP David Chojnowski sold 7,000 shares of the company’s 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 sale, the senior vice president directly owned 136,289 shares of the company’s stock, valued at approximately $14,535,221.85. This represents a 4.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 128,013 shares of company stock worth $13,553,747. Insiders own 0.10% of the company’s stock.

Walmart 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.