Momentum Wealth Planning LLC Makes New Investment in Walmart Inc. $WMT

Momentum Wealth Planning LLC purchased a new stake in Walmart Inc. (NASDAQ:WMT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 36,151 shares of the retailer’s stock, valued at approximately $3,535,000. Walmart makes up about 3.0% of Momentum Wealth Planning LLC’s holdings, making the stock its 9th biggest position.

Other large investors also recently made changes to their positions in the company. Access Investment Management LLC acquired a new position in shares of Walmart during the second quarter worth about $26,000. PFS Partners LLC grew 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 raised its holdings in shares of Walmart by 55.3% in the second quarter. Ridgewood Investments LLC now owns 323 shares of the retailer’s stock valued at $32,000 after purchasing an additional 115 shares during the last quarter. Livelsberger Financial Advisory acquired a new stake in shares of Walmart in the second quarter valued at approximately $44,000. Finally, Harbor Asset Planning Inc. bought a new stake in shares of Walmart in the second quarter worth $46,000. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Bank of America raised their price objective on Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. Cowen restated a “buy” rating on shares of Walmart in a research note on Tuesday, December 9th. Guggenheim reaffirmed a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of Walmart in a research report on Friday, November 21st. UBS Group set a $130.00 price objective on Walmart in a report on Wednesday, December 3rd. Finally, DA Davidson set a $130.00 target price on shares of Walmart and gave the company a “buy” rating in a research note on Friday, November 21st. Thirty-one equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $119.31.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $107.18, for a total value of $2,081,006.88. Following the transaction, the chief executive officer directly owned 4,354,162 shares of the company’s stock, valued at $466,679,083.16. This represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Chojnowski sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total transaction of $746,550.00. Following the sale, the senior vice president owned 136,289 shares of the company’s stock, valued at $14,535,221.85. This trade represents a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 126,403 shares of company stock worth $13,386,774 in the last quarter. Corporate insiders own 0.10% of the company’s stock.

Walmart Stock Up 0.1%

WMT opened at $116.79 on Tuesday. The stock’s fifty day simple moving average is $106.59 and its 200 day simple moving average is $101.66. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $117.45. The stock has a market cap of $930.84 billion, a PE ratio of 40.84, a price-to-earnings-growth ratio of 5.40 and a beta of 0.64. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The firm had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. During the same period in the previous year, the business posted $0.58 earnings per share. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. 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.