Coordinated Financial Services Inc. Buys Shares of 16,354 Walmart Inc. $WMT

Key Points

• Coordinated Financial Services Inc. acquired 16,354 shares of Walmart Inc. valued at approximately $1,599,000, representing 1.1% of its investment portfolio.
• Several institutional investors have significantly increased their stakes in Walmart, with Operose Advisors LLC leading with a 319.7% increase in the first quarter.
• Bank of America raised its price target for Walmart from $120.00 to $125.00, and the stock currently has an average rating of "Moderate Buy" with a consensus target price of $112.38.

Coordinated Financial Services Inc. bought a new stake in shares of Walmart Inc. (NYSE:WMT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,354 shares of the retailer's stock, valued at approximately $1,599,000. Walmart accounts for about 1.1% of Coordinated Financial Services Inc.'s investment portfolio, making the stock its 20th largest position.

A number of other institutional investors have also added to or reduced their stakes in WMT. Operose Advisors LLC increased its position in Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC increased its position 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. Bear Mountain Capital Inc. boosted its holdings in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after buying an additional 167 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Walmart by 432.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock valued at $32,000 after buying an additional 294 shares in the last quarter. Finally, Ridgewood Investments LLC boosted its holdings in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after buying an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

WMT has been the topic of a number of recent analyst reports. Bank of America raised their price target on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 17th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $106.00 target price on shares of Walmart in a research note on Friday, August 22nd. Evercore ISI reiterated an "outperform" rating and issued a $110.00 target price (up from $108.00) on shares of Walmart in a research note on Monday, August 18th. JPMorgan Chase & Co. lowered their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Finally, Sanford C. Bernstein set a $117.00 target price on shares of Walmart and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Thirty research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Stock Performance

Shares of NYSE WMT opened at $101.86 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12 month low of $79.37 and a 12 month high of $106.11. The company has a 50 day simple moving average of $101.22 and a two-hundred day simple moving average of $97.18. The stock has a market cap of $812.10 billion, a price-to-earnings ratio of 38.29, a PEG ratio of 4.80 and a beta of 0.67.

Walmart (NYSE:WMT - Get Free Report) last posted its 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). The firm had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the firm earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the completion of the transaction, the chief executive officer directly owned 4,392,985 shares of the company's stock, valued at $421,594,770.45. The trade was a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $100.96, for a total transaction of $403,840.00. Following the transaction, the executive vice president directly owned 1,052,455 shares of the company's stock, valued at approximately $106,255,856.80. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock valued at $15,083,877 in the last quarter. Company insiders own 0.10% of the company's stock.

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.

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