National Wealth Management Group LLC Acquires Shares of 10,924 Walmart Inc. $WMT

National Wealth Management Group LLC purchased a new stake in Walmart Inc. (NASDAQ:WMT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,924 shares of the retailer’s stock, valued at approximately $1,126,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of Walmart during the 2nd quarter worth about $5,367,770,000. Laurel Wealth Advisors LLC increased its stake in Walmart by 9,648.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer’s stock worth $1,123,138,000 after buying an additional 11,368,549 shares during the period. Vanguard Group Inc. increased its position in shares of Walmart by 1.4% during the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock worth $42,223,116,000 after acquiring an additional 5,856,468 shares during the period. Amundi raised its stake in shares of Walmart by 23.5% in the second quarter. Amundi now owns 19,493,644 shares of the retailer’s stock valued at $1,902,775,000 after acquiring an additional 3,710,506 shares in the last quarter. Finally, AGF Management Ltd. grew its stake in Walmart by 1,176.6% during the 2nd quarter. AGF Management Ltd. now owns 3,317,487 shares of the retailer’s stock worth $324,384,000 after purchasing an additional 3,057,612 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on WMT shares. BTIG Research restated a “buy” rating and set a $125.00 target price on shares of Walmart in a research note on Wednesday, January 14th. Evercore ISI set a $120.00 target price on shares of Walmart and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Wells Fargo & Company restated an “overweight” rating and set a $130.00 target price (up from $120.00) on shares of Walmart in a research report on Friday, December 19th. JPMorgan Chase & Co. upped their price target on shares of Walmart from $128.00 to $129.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Finally, UBS Group set a $130.00 price target on shares of Walmart in a research note on Wednesday, December 3rd. Thirty-two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus price target of $123.20.

Walmart Stock Performance

NASDAQ:WMT opened at $117.73 on Monday. The company has a current ratio of 0.80, a quick ratio of 0.24 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $938.33 billion, a P/E ratio of 41.16, a price-to-earnings-growth ratio of 5.02 and a beta of 0.66. The firm has a 50-day moving average price of $113.07 and a two-hundred day moving average price of $105.31. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $121.62.

Walmart (NASDAQ:WMT) last released its quarterly earnings results 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. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. During the same period last year, the company earned $0.58 EPS. The firm’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 fiscal year.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $119.17, for a total value of $2,313,804.72. Following the completion of the transaction, the chief executive officer directly owned 4,274,856 shares in the company, valued at $509,434,589.52. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel Danker sold 4,365 shares of the company’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $120.19, for a total value of $524,629.35. Following the transaction, the executive vice president owned 238,583 shares of the company’s stock, valued at approximately $28,675,290.77. The trade was a 1.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 135,215 shares of company stock worth $15,304,608 over the last quarter. 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.