CCM Investment Advisers LLC Has $19.56 Million Holdings in Walmart Inc. $WMT

Key Points

• CCM Investment Advisers LLC has increased its stake in Walmart Inc. by 1.8%, amounting to 200,061 shares valued at approximately $19.56 million.
• Major institutional investors such as Vanguard Group and Goldman Sachs have also increased their holdings in Walmart during recent quarters, reflecting strong investor interest.
• Analysts rate Walmart stock as a "Moderate Buy", with the average price target set at $112.62, showcasing optimism despite recent earnings missing expectations.

CCM Investment Advisers LLC grew its stake in Walmart Inc. (NYSE:WMT - Free Report) by 1.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,061 shares of the retailer's stock after purchasing an additional 3,535 shares during the period. Walmart comprises about 2.1% of CCM Investment Advisers LLC's investment portfolio, making the stock its 18th biggest position. CCM Investment Advisers LLC's holdings in Walmart were worth $19,562,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Walmart by 0.8% during the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after acquiring an additional 3,224,154 shares during the period. Kingstone Capital Partners Texas LLC raised its position in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock worth $2,922,770,000 after purchasing an additional 7,706,201 shares during the period. Ameriprise Financial Inc. boosted its holdings in Walmart by 1.3% during the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock valued at $2,710,665,000 after purchasing an additional 387,424 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Walmart by 2.9% in the 1st quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after purchasing an additional 823,020 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

WMT has been the subject of several analyst reports. Sanford C. Bernstein set a $117.00 target price on Walmart and gave the stock an "outperform" rating in a research report on Friday, August 22nd. KeyCorp boosted their target price on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Guggenheim reaffirmed a "buy" rating and issued a $115.00 target price (up previously from $112.00) on shares of Walmart in a report on Monday, August 18th. Wolfe Research started coverage on shares of Walmart in a report on Thursday, September 18th. They set an "outperform" rating and a $129.00 price target for the company. Finally, Tigress Financial upped their price objective on shares of Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, September 3rd. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $112.62.

Walmart Stock Down 0.4%

Shares of NYSE WMT opened at $102.44 on Wednesday. Walmart Inc. has a 1 year low of $78.98 and a 1 year high of $106.11. The firm's 50-day moving average is $99.68 and its 200-day moving average is $95.77. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $816.76 billion, a PE ratio of 38.51, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data 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 net margin of 3.08% and a return on equity of 21.45%. The business had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the company earned $0.67 earnings per share. The company's quarterly revenue 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 expect that Walmart Inc. will post 2.55 EPS for the current year.

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 1,610 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $103.71, for a total transaction of $166,973.10. Following the sale, the executive vice president directly owned 645,968 shares in the company, valued at approximately $66,993,341.28. This trade represents a 0.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 completion of the transaction, the executive vice president owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 151,232 shares of company stock valued at $14,960,635. 0.10% of the stock is owned by company insiders.

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.

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