River Wealth Advisors LLC Boosts Holdings in Walmart Inc. $WMT

River Wealth Advisors LLC grew its stake in Walmart Inc. (NYSE:WMT) by 54.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,095 shares of the retailer’s stock after buying an additional 5,303 shares during the quarter. River Wealth Advisors LLC’s holdings in Walmart were worth $1,476,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after purchasing an additional 485 shares in the last quarter. Westfield Capital Management Co. LP acquired a new stake in Walmart in the first quarter valued at approximately $6,142,000. Plan Group Financial LLC lifted its position in shares of Walmart by 54.4% during the 1st quarter. Plan Group Financial LLC now owns 20,837 shares of the retailer’s stock valued at $1,829,000 after buying an additional 7,339 shares in the last quarter. Finally, Cary Street Partners Financial LLC grew its stake in Walmart by 112.0% in the 1st quarter. Cary Street Partners Financial LLC now owns 87,606 shares of the retailer’s stock valued at $7,691,000 after acquiring an additional 46,287 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $109.57, for a total transaction of $2,127,411.12. Following the completion of the sale, the chief executive officer directly owned 4,334,747 shares in the company, valued at $474,958,228.79. This trade represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $111.23, for a total transaction of $244,706.00. Following the transaction, the executive vice president directly owned 617,318 shares of the company’s stock, valued at $68,664,281.14. The trade was a 0.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 158,013 shares of company stock valued at $16,657,847. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Up 1.0%

Shares of WMT opened at $112.59 on Wednesday. The stock has a fifty day simple moving average of $104.35 and a two-hundred day simple moving average of $100.52. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $897.66 billion, a PE ratio of 42.33, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $112.65.

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

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of research reports. Oppenheimer boosted their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. JPMorgan Chase & Co. raised their target price on Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Bank of America lifted their price target on Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, September 17th. Evercore ISI reissued an “outperform” rating and issued a $115.00 price objective (up from $111.00) on shares of Walmart in a research note on Friday, November 21st. Finally, Robert W. Baird raised their price objective on Walmart from $110.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Thirty-one analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $118.55.

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.