Westwood Holdings Group Inc. Has $83.08 Million Stake in Walmart Inc. $WMT

Westwood Holdings Group Inc. reduced its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 6.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 849,668 shares of the retailer’s stock after selling 55,508 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Walmart were worth $83,081,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Access Investment Management LLC acquired a new position in shares of Walmart in the second quarter valued at $26,000. PFS Partners LLC lifted its stake in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares during the last quarter. Ridgewood Investments LLC boosted its holdings in shares of Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after buying an additional 115 shares during the period. Livelsberger Financial Advisory acquired a new position in Walmart in the 2nd quarter valued at about $44,000. Finally, Harbor Asset Planning Inc. bought a new position in Walmart in the 2nd quarter valued at about $46,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research analyst reports. Evercore ISI set a $117.00 price objective on Walmart and gave the stock an “outperform” rating in a report on Tuesday. Guggenheim reissued a “buy” rating and set a $120.00 price target (up from $115.00) on shares of Walmart in a report on Friday, November 21st. The Goldman Sachs Group upped their price objective on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Robert W. Baird lifted their target price on Walmart from $110.00 to $121.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Finally, UBS Group set a $130.00 price target on shares of Walmart in a research note on Wednesday, December 3rd. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.31.

Walmart Stock Performance

WMT opened at $116.70 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.24 and a current ratio of 0.80. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $116.95. The firm has a market cap of $930.12 billion, a P/E ratio of 40.80, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64. The business’s fifty day moving average is $106.31 and its 200-day moving average is $101.49.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $175.15 billion. During the same quarter in the prior year, the business posted $0.58 earnings per share. Walmart’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. Sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $104.75, for a total value of $1,374,843.75. Following the sale, the executive vice president owned 879,815 shares of the company’s stock, valued at approximately $92,160,621.25. This trade represents a 1.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Friday, November 28th. The shares were sold at an average price of $109.57, for a total value of $2,127,411.12. Following the completion of the transaction, the chief executive officer owned 4,334,747 shares in the company, valued at approximately $474,958,228.79. The trade was a 0.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 128,013 shares of company stock worth $13,553,747 in the last three months. Company insiders own 0.10% of the company’s stock.

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.