Citizens Financial Group Inc. RI Purchases 5,507 Shares of Walmart Inc. $WMT

Citizens Financial Group Inc. RI grew its position in shares of Walmart Inc. (NYSE:WMT) by 2.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 196,430 shares of the retailer’s stock after buying an additional 5,507 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Walmart were worth $19,207,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in WMT. Aviva PLC lifted its position in shares of Walmart by 16.4% in the second quarter. Aviva PLC now owns 3,833,720 shares of the retailer’s stock worth $374,861,000 after buying an additional 539,504 shares in the last quarter. Weatherly Asset Management L. P. increased its stake in Walmart by 7.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 56,140 shares of the retailer’s stock worth $5,489,000 after acquiring an additional 3,696 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Walmart by 34.6% during the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,213 shares of the retailer’s stock worth $3,355,000 after acquiring an additional 9,831 shares in the last quarter. Ally Financial Inc. bought a new position in shares of Walmart during the 1st quarter valued at approximately $2,107,000. Finally, Night Squared LP bought a new position in shares of Walmart during the 1st quarter valued at approximately $1,052,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on WMT. BTIG Research initiated coverage on shares of Walmart in a research note on Tuesday, October 14th. They set a “buy” rating and a $120.00 price target on the stock. Oppenheimer upped their target price on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Bank of America increased their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Telsey Advisory Group reissued an “outperform” rating and set a $118.00 price objective on shares of Walmart in a research note on Friday. Finally, UBS Group restated a “buy” rating on shares of Walmart in a research report on Friday. Thirty-two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.50.

Walmart Stock Performance

Shares of NYSE:WMT opened at $102.43 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $816.68 billion, a price-to-earnings ratio of 38.51, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57. The firm’s 50-day moving average is $103.40 and its 200 day moving average is $99.72.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The business had revenue of $169.34 billion for the quarter, compared to analysts’ expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 EPS. 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 year.

Insiders Place Their Bets

In other news, CTO Suresh Kumar sold 30,000 shares of the business’s stock in a transaction on 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 sale, the chief technology officer directly owned 1,787,200 shares of the company’s stock, 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 this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the completion of 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 149,383 shares of company stock worth $15,365,487 in the last 90 days. 0.10% of the stock is owned by insiders.

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.