Royal Fund Management LLC Has $8.67 Million Holdings in Walmart Inc. $WMT

Royal Fund Management LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 22.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 88,588 shares of the retailer’s stock after acquiring an additional 16,018 shares during the quarter. Walmart comprises about 0.9% of Royal Fund Management LLC’s investment portfolio, making the stock its 29th largest holding. Royal Fund Management LLC’s holdings in Walmart were worth $8,665,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Atlas Legacy Advisors LLC boosted its stake in shares of Walmart by 1.1% in the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock valued at $851,000 after buying an additional 98 shares during the period. Meridian Wealth Partners LLC lifted its position in shares of Walmart by 2.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after acquiring an additional 99 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Walmart by 1.1% during the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after purchasing an additional 103 shares in the last quarter. RoundAngle Advisors LLC increased its position in shares of Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after purchasing an additional 105 shares during the period. Finally, PCG Wealth Advisors LLC raised its stake in Walmart by 3.6% in the second quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock valued at $296,000 after purchasing an additional 105 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

WMT has been the topic of a number of analyst reports. UBS Group set a $130.00 price objective on shares of Walmart in a research note on Wednesday. The Goldman Sachs Group increased their price target on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. DA Davidson set a $130.00 price objective on shares of Walmart and gave the company a “buy” rating in a research report on Friday, November 21st. Wells Fargo & Company set a $120.00 target price on Walmart and gave the stock an “overweight” rating in a research note on Friday, November 21st. Finally, Wolfe Research started coverage on Walmart in a report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price on the stock. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $119.00.

Insider Buying and Selling at Walmart

In other news, CTO Suresh Kumar sold 30,000 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the sale, the chief technology officer 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 filing with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total value of $2,003,925.36. Following the completion of the transaction, the chief executive officer directly owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. This represents a 0.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 158,013 shares of company stock worth $16,657,847 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Walmart Stock Performance

Walmart stock opened at $114.85 on Friday. The business has a 50 day moving average of $104.82 and a 200-day moving average of $100.71. The company has a market capitalization of $915.68 billion, a P/E ratio of 40.16, a P/E/G ratio of 5.29 and a beta of 0.64. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $114.89. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

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.