Walmart Inc. $WMT is Weik Capital Management’s 6th Largest Position

Weik Capital Management cut its stake in Walmart Inc. (NYSE:WMT) by 1.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 99,843 shares of the retailer’s stock after selling 1,007 shares during the quarter. Walmart makes up approximately 3.9% of Weik Capital Management’s investment portfolio, making the stock its 6th largest position. Weik Capital Management’s holdings in Walmart were worth $9,763,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Walmart during the 1st quarter valued at about $140,000. Bedel Financial Consulting Inc. grew its position in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock valued at $2,275,000 after acquiring an additional 102 shares during the period. Finally, Cornerstone Advisory LLC increased its stake in shares of Walmart by 7.7% in the 1st quarter. Cornerstone Advisory LLC now owns 14,486 shares of the retailer’s stock valued at $1,272,000 after purchasing an additional 1,034 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 1.7%

Shares of WMT opened at $105.29 on Monday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The firm’s fifty day moving average is $103.52 and its two-hundred day moving average is $99.91. The stock has a market cap of $839.46 billion, a PE ratio of 39.58, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Bank of America increased their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Piper Sandler reaffirmed an “overweight” rating and set a $123.00 target price (up from $111.00) on shares of Walmart in a research note on Friday. Guggenheim reiterated a “buy” rating and set a $120.00 target price (up previously from $115.00) on shares of Walmart in a research report on Friday. Cowen reissued a “buy” rating on shares of Walmart in a report on Monday, November 10th. Finally, Wells Fargo & Company set a $120.00 price objective on shares of Walmart and gave the stock an “overweight” rating in a research report on Friday. Thirty-one research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $118.55.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $107.18, for a total value of $2,081,006.88. Following the completion of the sale, the chief executive officer directly owned 4,354,162 shares in the company, valued at $466,679,083.16. This represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $107.78, for a total value of $1,414,612.50. Following the transaction, the executive vice president owned 892,940 shares in the company, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 137,888 shares of company stock worth $14,241,903 in the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Walmart Company 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.