Walmart Inc. $WMT Stock Holdings Decreased by Parr Mcknight Wealth Management Group LLC

Parr Mcknight Wealth Management Group LLC lessened its position in Walmart Inc. (NASDAQ:WMT) by 15.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 36,459 shares of the retailer’s stock after selling 6,597 shares during the quarter. Parr Mcknight Wealth Management Group LLC’s holdings in Walmart were worth $3,565,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Neuberger Berman Group LLC raised its holdings in shares of Walmart by 0.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock worth $497,771,000 after buying an additional 42,645 shares in the last quarter. Aviva PLC grew its position in Walmart by 16.4% in the second quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock valued at $374,861,000 after acquiring an additional 539,504 shares during the period. Weatherly Asset Management L. P. raised its stake in Walmart by 7.0% during the second quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after acquiring an additional 3,696 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its stake in Walmart by 34.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after acquiring an additional 9,831 shares in the last quarter. Finally, Willis Johnson & Associates Inc. lifted its holdings in shares of Walmart by 76.6% during the second quarter. Willis Johnson & Associates Inc. now owns 42,626 shares of the retailer’s stock valued at $4,168,000 after acquiring an additional 18,485 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

WMT stock opened at $116.70 on Friday. The company has a 50 day moving average price of $106.31 and a 200 day moving average price of $101.49. 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 current ratio of 0.80 and a quick ratio of 0.24. The stock has a market capitalization of $930.12 billion, a PE ratio of 40.80, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating 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 return on equity of 21.31% and a net margin of 3.26%.The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the company earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on WMT. Royal Bank Of Canada reiterated an “outperform” rating and set a $123.00 target price on shares of Walmart in a research report on Tuesday. Guggenheim reaffirmed a “buy” rating and set a $120.00 price objective (up previously from $115.00) on shares of Walmart in a report on Friday, November 21st. Cowen reissued a “buy” rating on shares of Walmart in a report on Tuesday. The Goldman Sachs Group increased their price target on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Finally, Wolfe Research assumed coverage on Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price objective for the company. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus target price of $119.31.

Insider Activity

In related news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $111.23, for a total transaction of $244,706.00. Following the completion of the sale, the executive vice president directly owned 617,318 shares of the company’s stock, valued at $68,664,281.14. The trade was a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $101.63, for a total transaction of $406,520.00. Following the completion of the transaction, the executive vice president directly owned 1,040,455 shares in the company, valued at approximately $105,741,441.65. The trade was a 0.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 128,013 shares of company stock worth $13,553,747. 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.