World Investment Advisors Purchases 14,487 Shares of Walmart Inc. $WMT

World Investment Advisors increased its position in Walmart Inc. (NASDAQ:WMT) by 5.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 293,866 shares of the retailer’s stock after buying an additional 14,487 shares during the quarter. World Investment Advisors’ holdings in Walmart were worth $30,286,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in WMT. Access Investment Management LLC bought a new position in shares of Walmart during the second quarter valued at about $26,000. PFS Partners LLC increased its holdings in Walmart by 267.8% during the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer’s stock valued at $31,000 after purchasing an additional 233 shares during the period. Ridgewood Investments LLC raised its position in Walmart by 55.3% during the 2nd 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 purchased a new stake in Walmart in the 2nd quarter worth approximately $44,000. Finally, Harbor Asset Planning Inc. bought a new stake in shares of Walmart in the 2nd quarter worth approximately $46,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Royal Bank Of Canada restated an “outperform” rating and set a $123.00 target price on shares of Walmart in a report on Tuesday, December 9th. Wells Fargo & Company restated an “overweight” rating and issued a $130.00 price objective (up from $120.00) on shares of Walmart in a report on Friday, December 19th. Truist Financial set a $127.00 target price on shares of Walmart in a research note on Wednesday, December 17th. Bank of America boosted their price target on shares of Walmart from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, September 17th. Finally, Guggenheim restated a “buy” rating and issued a $120.00 price objective (up from $115.00) on shares of Walmart in a report on Friday, November 21st. Thirty-two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $120.69.

Walmart Stock Up 0.6%

Shares of Walmart stock opened at $111.56 on Friday. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $117.45. The firm has a market cap of $889.15 billion, a price-to-earnings ratio of 39.01, a PEG ratio of 5.15 and a beta of 0.64. The company has a 50-day moving average of $108.05 and a 200 day moving average of $102.43. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.80 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, November 20th. The retailer reported $0.62 EPS for the quarter, topping the consensus estimate of $0.60 by $0.02. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The business had revenue of $179.50 billion for the quarter, compared to analyst estimates of $175.15 billion. During the same quarter in the previous year, the firm posted $0.58 earnings per share. Walmart’s quarterly revenue was up 5.8% on a year-over-year basis. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $111.23, for a total value of $244,706.00. Following the sale, the executive vice president directly owned 617,318 shares of the company’s stock, valued at approximately $68,664,281.14. This represents a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $114.91, for a total value of $1,508,193.75. Following the transaction, the executive vice president owned 733,841 shares of the company’s stock, valued at $84,325,669.31. The trade was a 1.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 108,412 shares of company stock worth $11,741,699 over the last three months. Corporate insiders own 0.10% of the company’s stock.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.