Evelyn Partners Investment Management Services Ltd Buys 45,504 Shares of Walmart Inc. $WMT

Evelyn Partners Investment Management Services Ltd raised its stake in Walmart Inc. (NYSE:WMT) by 60,672.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 45,579 shares of the retailer’s stock after buying an additional 45,504 shares during the period. Evelyn Partners Investment Management Services Ltd’s holdings in Walmart were worth $4,485,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Atlas Legacy Advisors LLC boosted its stake in shares of Walmart by 1.1% during the second quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock valued at $851,000 after purchasing an additional 98 shares in the last quarter. Bedel Financial Consulting Inc. grew its holdings in Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after acquiring an additional 102 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Walmart by 1.1% in the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock valued at $961,000 after acquiring an additional 103 shares during the period. RoundAngle Advisors LLC lifted its holdings in shares of Walmart by 0.4% during the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock worth $2,542,000 after purchasing an additional 105 shares during the period. Finally, PCG Wealth Advisors LLC grew its stake in shares of Walmart by 3.6% in the second quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock worth $296,000 after purchasing an additional 105 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. UBS Group reaffirmed a “buy” rating on shares of Walmart in a research note on Friday, November 14th. BTIG Research reaffirmed a “buy” rating and issued a $125.00 price objective (up from $120.00) on shares of Walmart in a research note on Friday. Tigress Financial lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Evercore ISI reissued an “outperform” rating and issued a $115.00 price objective (up from $111.00) on shares of Walmart in a research report on Friday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $116.00 target price on shares of Walmart in a research note on Friday. Thirty-one research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $118.55.

Insider Activity

In other Walmart news, CTO Suresh Kumar sold 30,000 shares of the firm’s stock in a transaction dated 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 owned 1,787,200 shares in the company, valued at $184,921,584. This trade represents a 1.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the transaction, the chief executive officer owned 4,392,985 shares of the company’s stock, valued at $421,594,770.45. This trade represents a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 137,888 shares of company stock valued at $14,241,903. 0.10% of the stock is currently owned by corporate insiders.

Walmart Trading Down 1.7%

Shares of WMT stock opened at $105.29 on Friday. 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 $99.89. 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 (NYSE:WMT) last released its earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $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.

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.