Thompson Davis & CO. Inc. Purchases 37,490 Shares of Walmart Inc. $WMT

Thompson Davis & CO. Inc. boosted its holdings in Walmart Inc. (NYSE:WMT) by 524.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,642 shares of the retailer’s stock after buying an additional 37,490 shares during the quarter. Walmart makes up 1.9% of Thompson Davis & CO. Inc.’s holdings, making the stock its 6th biggest holding. Thompson Davis & CO. Inc.’s holdings in Walmart were worth $4,365,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WMT. Access Investment Management LLC acquired a new stake in shares of Walmart during the second quarter valued at about $26,000. Operose Advisors LLC raised its stake in shares of Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after acquiring an additional 243 shares during the last quarter. PFS Partners LLC raised its stake in shares of Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after acquiring an additional 233 shares during the last quarter. Bear Mountain Capital Inc. grew its stake in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock worth $32,000 after purchasing an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its holdings in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, CTO Suresh Kumar sold 30,000 shares of Walmart stock in a transaction on Friday, September 12th. The stock was sold at an average price of $103.47, for a total value of $3,104,100.00. Following the completion of the transaction, the chief technology officer directly owned 1,787,200 shares in the company, valued at approximately $184,921,584. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares in the company, valued at $108,861,082.65. This trade represents a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 151,038 shares of company stock valued at $15,531,616 over the last three months. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

WMT has been the subject of several recent analyst reports. Bank of America increased their price objective 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. UBS Group reiterated a “buy” rating and set a $122.00 price objective (up previously from $110.00) on shares of Walmart in a report on Thursday, October 23rd. Wolfe Research started coverage on Walmart in a research note on Thursday, September 18th. They set an “outperform” rating and a $129.00 price target on the stock. Sanford C. Bernstein set a $117.00 price objective on shares of Walmart and gave the company an “outperform” rating in a research note on Friday, August 22nd. Finally, Guggenheim reiterated a “buy” rating and set a $115.00 price target (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Thirty-two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $113.50.

Walmart Stock Down 0.4%

Walmart stock opened at $103.07 on Thursday. The stock has a market cap of $821.78 billion, a PE ratio of 38.80, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. The firm’s 50-day simple moving average is $103.33 and its 200 day simple moving average is $99.63. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 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 business 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 business posted $0.67 earnings per share. The business’s revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts predict that Walmart Inc. will post 2.55 EPS 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.