Councilmark Asset Management LLC Has $6.01 Million Stock Holdings in Walmart Inc. $WMT

Councilmark Asset Management LLC trimmed its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 61,485 shares of the retailer’s stock after selling 635 shares during the quarter. Walmart accounts for approximately 3.8% of Councilmark Asset Management LLC’s investment portfolio, making the stock its 8th biggest holding. Councilmark Asset Management LLC’s holdings in Walmart were worth $6,012,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WMT. Access Investment Management LLC bought a new position in Walmart during the second quarter worth $26,000. Operose Advisors LLC boosted its position in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares in the last quarter. PFS Partners LLC grew its stake in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after buying an additional 233 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its position in Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after buying an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC raised its stake in 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. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 1.7%

Shares of WMT stock opened at $105.29 on Friday. 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 company has a market capitalization of $839.46 billion, a price-to-earnings ratio of 39.58, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The company has a 50-day simple moving average of $103.52 and a two-hundred day simple moving average of $99.90.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. The firm had revenue of $179.50 billion for 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 quarter last year, the firm earned $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Bank of America raised their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a report on Wednesday, October 8th. Mizuho restated an “outperform” rating and set a $115.00 price target on shares of Walmart in a research note on Wednesday, August 13th. Cowen reaffirmed a “buy” rating on shares of Walmart in a research note on Monday, November 10th. Finally, Evercore ISI reiterated an “outperform” rating and set a $115.00 price objective (up from $111.00) on shares of Walmart in a report on Friday. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned 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 a consensus target price of $118.55.

Insiders Place Their Bets

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total value of $431,000.00. Following the completion of the transaction, the executive vice president owned 1,044,455 shares in the company, valued at $112,540,026.25. This represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction 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 sale, the executive vice president owned 892,940 shares in the company, valued at $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. In the last 90 days, insiders have sold 137,888 shares of company stock valued at $14,241,903. 0.10% of the stock is currently 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.