Orion Porfolio Solutions LLC Raises Holdings in Walmart Inc. $WMT

Orion Porfolio Solutions LLC lifted its holdings in Walmart Inc. (NASDAQ:WMT) by 1.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 623,077 shares of the retailer’s stock after purchasing an additional 8,512 shares during the quarter. Walmart comprises about 0.5% of Orion Porfolio Solutions LLC’s portfolio, making the stock its 28th biggest position. Orion Porfolio Solutions LLC’s holdings in Walmart were worth $60,925,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of WMT. Access Investment Management LLC acquired a new stake in shares of Walmart in the 2nd quarter valued at about $26,000. PFS Partners LLC increased its holdings in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after purchasing an additional 233 shares during the last quarter. Ridgewood Investments LLC raised its stake in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares in the last quarter. Livelsberger Financial Advisory bought a new stake in shares of Walmart during the 2nd quarter worth about $44,000. Finally, Harbor Asset Planning Inc. bought a new stake in Walmart in the second quarter worth about $46,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on WMT. KeyCorp reaffirmed an “overweight” rating and issued a $120.00 target price (up previously from $110.00) on shares of Walmart in a research report on Friday, November 21st. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $122.00 price target (up previously from $118.00) on shares of Walmart in a research note on Friday, November 21st. Bank of America boosted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. BMO Capital Markets boosted their target price on Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Finally, Morgan Stanley reissued an “overweight” rating and issued a $125.00 target price (up from $115.00) on shares of Walmart in a report on Friday, November 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average target price of $119.31.

Walmart Stock Up 1.0%

WMT stock opened at $116.70 on Monday. The stock’s 50 day simple moving average is $106.31 and its 200 day simple moving average is $101.52. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $116.95. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. The company has a market cap of $930.12 billion, a P/E ratio of 40.80, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating analysts’ consensus estimates 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 in the prior year, the firm posted $0.58 EPS. 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. On average, research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $107.75, for a total transaction of $431,000.00. Following the completion of the transaction, the executive vice president owned 1,044,455 shares in the company, valued at approximately $112,540,026.25. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Chojnowski sold 7,000 shares of the business’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 completion of the sale, the senior vice president owned 136,289 shares in the company, valued at $14,535,221.85. This represents a 4.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 126,403 shares of company stock valued at $13,386,774 over the last quarter. Corporate 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.