Huntington National Bank Boosts Stock Holdings in Walmart Inc. $WMT

Huntington National Bank grew its position in shares of Walmart Inc. (NYSE:WMT) by 2.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,707,104 shares of the retailer’s stock after purchasing an additional 35,502 shares during the period. Walmart comprises 1.1% of Huntington National Bank’s investment portfolio, making the stock its 22nd largest position. Huntington National Bank’s holdings in Walmart were worth $166,921,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Brighton Jones LLC boosted its holdings in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Walmart by 5.8% in 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 during the last quarter. Apex Wealth Management LLC boosted its holdings in Walmart by 2.0% in the first quarter. Apex Wealth Management LLC now owns 15,332 shares of the retailer’s stock worth $1,346,000 after purchasing an additional 304 shares during the last quarter. Capital Advisors Inc. OK raised its position in Walmart by 4.7% in the first quarter. Capital Advisors Inc. OK now owns 64,806 shares of the retailer’s stock worth $5,689,000 after acquiring an additional 2,902 shares during the period. Finally, BOCHK Asset Management Ltd bought a new position in Walmart in the first quarter worth approximately $1,141,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT opened at $101.60 on Tuesday. The company has a 50 day moving average price of $102.57 and a 200-day moving average price of $99.27. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $109.57. The stock has a market capitalization of $810.07 billion, a PE ratio of 38.20, a PEG ratio of 4.83 and a beta of 0.67. 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 announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business had revenue of $169.34 billion during the quarter, compared to analysts’ expectations of $174.02 billion. During the same period in the previous year, the company posted $0.67 EPS. Walmart’s revenue for the quarter was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Activity

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the transaction, the chief executive officer owned 4,373,576 shares in the company, valued at $451,396,778.96. The trade was a 0.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 148,838 shares of company stock worth $15,309,020. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on WMT. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the stock an “outperform” rating in a research report on Friday, August 22nd. UBS Group restated a “buy” rating and set a $122.00 target price (up previously from $110.00) on shares of Walmart in a research note on Thursday, October 23rd. Telsey Advisory Group restated an “outperform” rating and set a $118.00 target price on shares of Walmart in a research note on Wednesday, September 24th. Bank of America lifted their target price on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Finally, Guggenheim restated a “buy” rating and set a $115.00 target price (up previously from $112.00) on shares of Walmart in a research note on Monday, August 18th. Thirty-one research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.40.

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.