Meridian Wealth Management LLC Has $14.46 Million Holdings in Walmart Inc. $WMT

Meridian Wealth Management LLC trimmed its stake in Walmart Inc. (NYSE:WMT) by 7.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 147,792 shares of the retailer’s stock after selling 12,282 shares during the period. Walmart accounts for about 0.6% of Meridian Wealth Management LLC’s holdings, making the stock its 27th largest position. Meridian Wealth Management LLC’s holdings in Walmart were worth $14,462,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Access Investment Management LLC bought a new stake in shares of Walmart in the 2nd quarter worth approximately $26,000. Operose Advisors LLC lifted its position in Walmart by 319.7% in the first quarter. Operose Advisors LLC now owns 319 shares of the retailer’s stock worth $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC boosted its stake in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock worth $31,000 after buying an additional 233 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of 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 lifted its holdings in shares of Walmart by 55.3% during 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. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction 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 sale, the chief executive officer owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president directly owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. This trade represents a 0.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 149,383 shares of company stock worth $15,365,487 over the last quarter. Company insiders own 0.10% of the company’s stock.

Walmart Stock Performance

WMT stock opened at $102.43 on Friday. The company has a 50 day moving average price of $103.40 and a 200 day moving average price of $99.70. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The stock has a market capitalization of $816.68 billion, a PE ratio of 38.51, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same period last year, the business posted $0.67 earnings per share. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on WMT shares. Cowen reissued a “buy” rating on shares of Walmart in a research note on Monday. Tigress Financial increased their target price on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. BTIG Research started coverage on Walmart in a research note on Tuesday, October 14th. They set a “buy” rating and a $120.00 price objective for the company. Evercore ISI reaffirmed an “outperform” rating and issued a $111.00 target price (up previously from $110.00) on shares of Walmart in a report on Tuesday, October 21st. Finally, Bank of America boosted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Thirty-two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and an average target price of $113.50.

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.