MJP Associates Inc. ADV Acquires 712 Shares of Walmart Inc. $WMT

MJP Associates Inc. ADV grew its holdings in shares of Walmart Inc. (NYSE:WMT) by 3.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 20,537 shares of the retailer’s stock after acquiring an additional 712 shares during the period. MJP Associates Inc. ADV’s holdings in Walmart were worth $2,008,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of WMT. Vanguard Group Inc. raised its position in Walmart by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer’s stock worth $37,395,120,000 after purchasing an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its stake in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the period. Geode Capital Management LLC raised its position in shares of Walmart by 0.3% during the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after acquiring an additional 263,718 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock worth $2,922,770,000 after acquiring an additional 7,706,201 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Walmart by 1.3% in the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock worth $2,710,665,000 after acquiring an additional 387,424 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total value of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares in the company, valued at $421,594,770.45. This trade represents a 0.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the sale, the executive vice president owned 1,052,455 shares of the company’s stock, valued at $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 149,383 shares of company stock valued at $15,365,487 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the subject of several analyst reports. Mizuho restated an “outperform” rating and set a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. Piper Sandler reissued an “overweight” rating and set a $111.00 target price on shares of Walmart in a research note on Wednesday, September 24th. The Goldman Sachs Group upped their price target on shares of Walmart from $101.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Wells Fargo & Company lifted their price objective on Walmart from $108.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, DA Davidson set a $117.00 target price on Walmart in a research report on Wednesday, October 15th. Thirty-two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $113.50.

Walmart Price Performance

WMT stock opened at $102.43 on Friday. 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 company’s 50-day moving average is $103.40 and its 200-day moving average is $99.70. 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 Inc. has a 1 year low of $79.81 and a 1 year high of $109.57.

Walmart (NYSE:WMT) last posted its quarterly 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 quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company posted $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

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.