Slagle Financial LLC Has $1.83 Million Stock Position in Walmart Inc. $WMT

Slagle Financial LLC boosted its position in Walmart Inc. (NYSE:WMT) by 2.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 18,677 shares of the retailer’s stock after buying an additional 500 shares during the quarter. Slagle Financial LLC’s holdings in Walmart were worth $1,826,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its position in shares of 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. Nuveen LLC bought a new position in Walmart in the first quarter valued at approximately $2,532,331,000. Goldman Sachs Group Inc. grew its holdings in Walmart by 30.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after acquiring an additional 7,706,201 shares during the period. Wellington Management Group LLP lifted its stake in shares of Walmart by 527.1% in the 1st quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after purchasing an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board increased its holdings in Walmart by 28,684.8% in the first quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock valued at $371,295,000 after purchasing an additional 4,214,661 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of the transaction, the executive vice president directly owned 892,940 shares in the company, valued at $96,241,073.20. This represents a 1.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction dated Friday, September 12th. The shares were 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 directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. This represents a 1.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 149,383 shares of company stock worth $15,365,487 in the last three months. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on WMT. Bank of America increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. UBS Group reaffirmed a “buy” rating on shares of Walmart in a research note on Friday. Piper Sandler reissued an “overweight” rating and set a $111.00 price target on shares of Walmart in a research report on Wednesday, September 24th. JPMorgan Chase & Co. boosted their price target on shares of Walmart from $127.00 to $128.00 and gave the company an “overweight” rating in a report on Monday, November 10th. Finally, Cowen reaffirmed a “buy” rating on shares of Walmart in a research note on Monday, November 10th. Thirty-two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average price target of $113.50.

Walmart Trading Down 0.1%

Shares of NYSE:WMT opened at $102.43 on Monday. The firm has a market cap of $816.68 billion, a price-to-earnings ratio of 38.51, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. The company’s fifty day simple moving average is $103.40 and its 200 day simple moving average is $99.74. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The firm had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. During the same quarter last year, the company posted $0.67 EPS. Walmart’s revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal 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.