RD Lewis Holdings Inc. Has $4.07 Million Stock Holdings in Walmart Inc. $WMT

RD Lewis Holdings Inc. decreased its position in Walmart Inc. (NYSE:WMT) by 2.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 39,456 shares of the retailer’s stock after selling 928 shares during the period. Walmart makes up 4.1% of RD Lewis Holdings Inc.’s investment portfolio, making the stock its 3rd biggest holding. RD Lewis Holdings Inc.’s holdings in Walmart were worth $4,069,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Atlas Legacy Advisors LLC raised its position in Walmart by 1.1% in the 2nd quarter. Atlas Legacy Advisors LLC now owns 8,707 shares of the retailer’s stock valued at $851,000 after buying an additional 98 shares during the last quarter. Bedel Financial Consulting Inc. grew its stake in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer’s stock worth $2,275,000 after acquiring an additional 102 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Walmart by 1.1% during the 2nd quarter. Revolve Wealth Partners LLC now owns 9,830 shares of the retailer’s stock worth $961,000 after acquiring an additional 103 shares in the last quarter. RoundAngle Advisors LLC raised its holdings in shares of Walmart by 0.4% in the second quarter. RoundAngle Advisors LLC now owns 25,995 shares of the retailer’s stock valued at $2,542,000 after purchasing an additional 105 shares during the last quarter. Finally, PCG Wealth Advisors LLC lifted its position in shares of Walmart by 3.6% in the second quarter. PCG Wealth Advisors LLC now owns 3,024 shares of the retailer’s stock worth $296,000 after purchasing an additional 105 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $107.75, for a total transaction of $431,000.00. Following the completion of 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares of the company’s stock, valued at approximately $421,594,770.45. This trade represents a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 137,888 shares of company stock worth $14,241,903 in the last three months. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on WMT shares. KeyCorp reaffirmed an “overweight” rating and issued a $120.00 target price (up previously from $110.00) on shares of Walmart in a research report on Friday. UBS Group restated a “buy” rating on shares of Walmart in a research note on Friday, November 14th. Erste Group Bank upgraded Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. BTIG Research reaffirmed a “buy” rating and issued a $125.00 target price (up previously from $120.00) on shares of Walmart in a research report on Friday. Finally, The Goldman Sachs Group upped their target price on Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Thirty-one 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 company presently has a consensus rating of “Moderate Buy” and an average price target of $118.55.

Walmart Stock Down 1.7%

Shares of WMT stock opened at $105.29 on Friday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $109.57. The stock has a market cap of $839.46 billion, a price-to-earnings ratio of 39.58, a PEG ratio of 4.83 and a beta of 0.67. The firm’s 50-day moving average is $103.52 and its 200-day moving average is $99.89. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The business had revenue of $179.50 billion during the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the company posted $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Walmart 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.