WealthCare Investment Partners LLC Acquires 4,006 Shares of Walmart Inc. $WMT

WealthCare Investment Partners LLC lifted its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 141.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,831 shares of the retailer’s stock after buying an additional 4,006 shares during the quarter. WealthCare Investment Partners LLC’s holdings in Walmart were worth $696,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of WMT. Revolve Wealth Partners LLC grew its position in shares of Walmart by 1.0% in the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock valued at $1,023,000 after purchasing an additional 96 shares in the last quarter. Atlas Legacy Advisors LLC lifted its holdings in Walmart by 1.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock worth $851,000 after purchasing an additional 98 shares in the last quarter. Meridian Wealth Partners LLC boosted its stake in Walmart by 2.1% in the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock worth $470,000 after purchasing an additional 99 shares during the period. Hemington Wealth Management boosted its stake in Walmart by 1.8% in the 3rd quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock worth $586,000 after purchasing an additional 99 shares during the period. Finally, Boomfish Wealth Group LLC grew its holdings in Walmart by 2.7% during the 3rd quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock valued at $381,000 after buying an additional 99 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WMT. Sanford C. Bernstein reissued an “outperform” rating and issued a $129.00 price target (up from $122.00) on shares of Walmart in a report on Monday, January 5th. Raymond James Financial reaffirmed an “outperform” rating on shares of Walmart in a report on Wednesday, January 14th. Robert W. Baird raised their price target on shares of Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Citigroup restated a “buy” rating and set a $147.00 price target (up from $120.00) on shares of Walmart in a research report on Thursday, February 5th. Finally, KeyCorp reiterated an “overweight” rating and issued a $145.00 price objective (up previously from $128.00) on shares of Walmart in a research report on Friday. Thirty-two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $128.44.

Insider Activity at Walmart

In other Walmart news, EVP John D. Rainey sold 20,000 shares of Walmart stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $122.27, for a total transaction of $2,445,400.00. Following the transaction, the executive vice president directly owned 506,764 shares of the company’s stock, valued at approximately $61,962,034.28. This trade represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $104.75, for a total transaction of $1,374,843.75. Following the completion of the sale, the executive vice president owned 879,815 shares of the company’s stock, valued at approximately $92,160,621.25. The trade was a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 227,566 shares of company stock worth $26,790,653 in the last quarter. 0.10% of the stock is owned by company insiders.

Walmart Stock Performance

NASDAQ WMT opened at $133.89 on Tuesday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $134.65. The company has a fifty day moving average of $118.51 and a 200-day moving average of $108.65. The company has a market capitalization of $1.07 trillion, a P/E ratio of 46.81, a P/E/G ratio of 5.12 and a beta of 0.65. 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 (NASDAQ:WMT) last released its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Walmart had a return on equity of 21.31% and a net margin of 3.26%.The business had revenue of $179.50 billion for the quarter, compared to the consensus estimate of $175.15 billion. During the same quarter last year, the business posted $0.58 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.