Lee Johnson Capital Management LLC Decreases Stake in Walmart Inc. $WMT

Lee Johnson Capital Management LLC cut its stake in shares of Walmart Inc. (NASDAQ:WMT) by 84.2% during the third quarter, HoldingsChannel.com reports. The firm owned 7,453 shares of the retailer’s stock after selling 39,760 shares during the period. Lee Johnson Capital Management LLC’s holdings in Walmart were worth $768,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WMT. Access Investment Management LLC acquired a new position in Walmart during the second quarter worth about $26,000. PFS Partners LLC boosted its stake in shares of Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after acquiring an additional 233 shares in the last quarter. Ridgewood Investments LLC grew 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 acquiring an additional 115 shares during the period. Livelsberger Financial Advisory purchased a new position in Walmart in the 2nd quarter valued at approximately $44,000. Finally, Harbor Asset Planning Inc. acquired a new position in Walmart during the second quarter worth $46,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

NASDAQ:WMT opened at $111.41 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24. The firm has a market cap of $887.96 billion, a PE ratio of 38.95, a P/E/G ratio of 5.17 and a beta of 0.64. The firm has a 50 day simple moving average of $108.44 and a 200-day simple moving average of $102.92. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $117.45.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping 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 3.26% and a return on equity of 21.31%. Walmart’s revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. On average, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research analyst reports. Wolfe Research initiated coverage on Walmart in a research report on Thursday, September 18th. They issued an “outperform” rating and a $129.00 price target for the company. Evercore ISI set a $120.00 target price on shares of Walmart and gave the company an “outperform” rating in a report on Tuesday, December 16th. UBS Group set a $130.00 target price on shares of Walmart in a research report on Wednesday, December 3rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $123.00 price target on shares of Walmart in a research report on Tuesday, December 9th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $130.00 price objective (up from $120.00) on shares of Walmart in a research report on Friday, December 19th. Thirty-two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $120.69.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $115.21, for a total value of $460,840.00. Following the completion of the transaction, the executive vice president directly owned 1,031,455 shares in the company, valued at approximately $118,833,930.55. This represents a 0.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $111.23, for a total value of $244,706.00. Following the completion of the sale, the executive vice president directly owned 617,318 shares in the company, valued at approximately $68,664,281.14. The trade was a 0.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 125,628 shares of company stock valued at $13,690,065. 0.10% of the stock is currently owned by company insiders.

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.