TrueWealth Advisors LLC Increases Stock Holdings in Walmart Inc. $WMT

TrueWealth Advisors LLC raised its holdings in Walmart Inc. (NASDAQ:WMT) by 52.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,622 shares of the retailer’s stock after buying an additional 7,104 shares during the quarter. TrueWealth Advisors LLC’s holdings in Walmart were worth $2,125,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Evercore ISI set a $120.00 price target on Walmart and gave the company an “outperform” rating in a research note on Tuesday, December 16th. UBS Group set a $130.00 price target on shares of Walmart in a report on Wednesday, December 3rd. DA Davidson set a $130.00 price target on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, November 21st. Tigress Financial lifted their price objective on shares of Walmart from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Finally, BMO Capital Markets increased their price objective on shares of Walmart from $110.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Thirty-two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $120.69.

Insider Activity at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $101.63, for a total value of $406,520.00. Following the sale, the executive vice president directly owned 1,040,455 shares of the company’s stock, valued at approximately $105,741,441.65. This trade represents a 0.38% 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 hyperlink. Also, SVP David Chojnowski sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total value of $746,550.00. Following the transaction, the senior vice president directly owned 136,289 shares of the company’s stock, valued at approximately $14,535,221.85. The trade was a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 108,412 shares of company stock valued at $11,741,699 in the last ninety days. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Up 0.1%

WMT stock opened at $111.74 on Friday. The firm has a market cap of $890.59 billion, a PE ratio of 39.07, a P/E/G ratio of 5.15 and a beta of 0.64. 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 firm’s fifty day moving average is $108.13 and its 200 day moving average is $102.53. Walmart Inc. has a one year low of $79.81 and a one year high of $117.45.

Walmart (NASDAQ:WMT) last issued its quarterly earnings data 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. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter in the prior year, the firm posted $0.58 earnings per share. The company’s 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 forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.