Welch Group LLC Has $4.69 Million Stock Position in Walmart Inc. $WMT

Welch Group LLC lifted its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,970 shares of the retailer’s stock after purchasing an additional 836 shares during the quarter. Welch Group LLC’s holdings in Walmart were worth $4,691,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Presilium Private Wealth LLC acquired a new position in Walmart in the 2nd quarter valued at $201,000. Cypress Capital Group grew its stake in Walmart by 1.9% in the 2nd quarter. Cypress Capital Group now owns 141,463 shares of the retailer’s stock valued at $13,832,000 after buying an additional 2,642 shares during the last quarter. MOKAN Wealth Management Inc. grew its stake in Walmart by 4.0% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 43,311 shares of the retailer’s stock valued at $4,235,000 after buying an additional 1,654 shares during the last quarter. Almanack Investment Partners LLC. grew its stake in Walmart by 4.3% in the 2nd quarter. Almanack Investment Partners LLC. now owns 4,639 shares of the retailer’s stock valued at $454,000 after buying an additional 190 shares during the last quarter. Finally, Yarger Wealth Strategies LLC grew its stake in Walmart by 11.1% in the 2nd quarter. Yarger Wealth Strategies LLC now owns 3,899 shares of the retailer’s stock valued at $381,000 after buying an additional 390 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In related news, 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 transaction of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares of the company’s stock, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the transaction, the executive vice president directly owned 932,313 shares of the company’s stock, valued at $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 149,488 shares of company stock valued at $14,917,151 over the last quarter. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on WMT. JPMorgan Chase & Co. lowered their target price on shares of Walmart from $130.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Truist Financial lowered their target price on shares of Walmart from $111.00 to $109.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Telsey Advisory Group reiterated an “outperform” rating and issued a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Bank of America raised their price target on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Finally, Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. Thirty equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $112.38.

Walmart Price Performance

NYSE:WMT opened at $102.04 on Tuesday. The company has a 50-day moving average of $101.27 and a 200-day moving average of $97.46. The company has a market capitalization of $813.51 billion, a price-to-earnings ratio of 38.36, a PEG ratio of 4.80 and a beta of 0.67. Walmart Inc. has a 52 week low of $79.76 and a 52 week high of $106.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.67 earnings per share. 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, equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal 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.