Midwest Trust Co Makes New Investment in Walmart Inc. $WMT

Midwest Trust Co purchased a new stake in shares of Walmart Inc. (NYSE:WMT) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 853,702 shares of the retailer’s stock, valued at approximately $83,475,000. Walmart makes up approximately 1.2% of Midwest Trust Co’s portfolio, making the stock its 14th largest position.

A number of other hedge funds have also modified their holdings of WMT. Access Investment Management LLC purchased a new position in Walmart in the second quarter valued at about $26,000. Operose Advisors LLC raised its stake 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 lifted its holdings in shares of Walmart by 267.8% during 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 last quarter. Bear Mountain Capital Inc. grew its stake in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after buying an additional 167 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew 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. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on WMT. Oppenheimer raised their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. DA Davidson set a $117.00 price target on shares of Walmart in a report on Wednesday, October 15th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $118.00 price objective on shares of Walmart in a research note on Wednesday, September 24th. Royal Bank Of Canada set a $116.00 price objective on shares of Walmart and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Finally, The Goldman Sachs Group raised their target price on Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $113.40.

Insider Activity

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president owned 1,044,455 shares of the company’s stock, valued at $112,540,026.25. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred 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 directly 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 disclosure for this sale is available in the SEC filing. Insiders have sold 151,038 shares of company stock worth $15,531,616 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Walmart Stock Performance

NYSE:WMT opened at $102.60 on Friday. The firm has a market capitalization of $818.01 billion, a PE ratio of 38.57, a PEG ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $109.57. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm’s fifty day simple moving average is $103.02 and its 200 day simple moving average is $99.46.

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