Jaffetilchin Investment Partners LLC Purchases 13,039 Shares of Walmart Inc. $WMT

Jaffetilchin Investment Partners LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 32.7% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 52,961 shares of the retailer’s stock after buying an additional 13,039 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Walmart were worth $5,179,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Access Investment Management LLC purchased a new position in Walmart in the 2nd quarter worth approximately $26,000. Operose Advisors LLC increased its stake in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock valued at $28,000 after acquiring an additional 243 shares during the last quarter. PFS Partners LLC raised its position in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares in the last quarter. Ridgewood Investments LLC boosted its holdings in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock worth $32,000 after purchasing an additional 115 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its position in shares of Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer’s stock valued at $32,000 after purchasing an additional 294 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $101.18, for a total value of $222,596.00. Following the completion of the transaction, the executive vice president owned 619,518 shares in the company, valued at approximately $62,682,831.24. This represents a 0.35% decrease in their ownership of the stock. The transaction 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 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 of the company’s stock, valued at approximately $96,241,073.20. The trade was a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 137,888 shares of company stock valued at $14,241,903 over the last 90 days. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WMT has been the subject of a number of recent research reports. Wolfe Research began coverage on Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 target price for the company. KeyCorp reaffirmed an “overweight” rating and set a $120.00 price objective (up from $110.00) on shares of Walmart in a research note on Friday. DA Davidson set a $130.00 price target on Walmart and gave the stock a “buy” rating in a research report on Friday. BMO Capital Markets boosted their price objective on Walmart from $110.00 to $125.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Truist Financial lifted their target price on shares of Walmart from $109.00 to $119.00 and gave the stock a “buy” rating in a research note on Thursday. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $118.55.

Walmart Stock Performance

Shares of WMT stock opened at $105.29 on Monday. 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 stock has a fifty day moving average of $103.52 and a 200 day moving average of $99.91. The firm 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.

Walmart (NYSE:WMT) last announced its 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. The firm had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.58 EPS. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

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.