First American Bank Grows Position in Walmart Inc. $WMT

Key Points

• First American Bank increased its stake in Walmart Inc. by 4.8% in the second quarter, holding 188,878 shares valued at $18.47 million, making Walmart its 17th largest investment.
• A number of hedge funds boosted their positions in Walmart, with Operose Advisors raising its holdings by 319.7% in Q1, indicating a strong interest in the retailer's stock among institutional investors.
• Recent analyst ratings for Walmart show a consensus of 29 buy ratings, with a moderate buy consensus and price targets ranging from $115 to $118.

First American Bank raised its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 4.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 188,878 shares of the retailer's stock after acquiring an additional 8,730 shares during the period. Walmart makes up 1.3% of First American Bank's investment portfolio, making the stock its 17th largest position. First American Bank's holdings in Walmart were worth $18,468,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Operose Advisors LLC raised its holdings in shares of 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 buying an additional 243 shares in the last quarter. PFS Partners LLC raised its holdings in shares of 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 buying an additional 233 shares in the last quarter. Ridgewood Investments LLC raised its holdings in shares of 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 buying an additional 115 shares in the last quarter. Bear Mountain Capital Inc. raised its holdings in shares of Walmart by 98.2% during 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. Finally, Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Walmart by 432.4% during 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. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of research reports. Telsey Advisory Group reissued an "outperform" rating and set a $118.00 price objective on shares of Walmart in a report on Wednesday. Guggenheim reaffirmed a "buy" rating and issued a $115.00 price target (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an "outperform" rating in a research note on Friday, August 22nd. Erste Group Bank raised Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Finally, JPMorgan Chase & Co. decreased their price target on Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research note on Friday, August 22nd. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the completion of the transaction, the chief executive officer owned 4,373,576 shares in the company, valued at approximately $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the transaction, the executive vice president owned 1,048,455 shares of the company's stock, valued at $108,861,082.65. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 151,232 shares of company stock valued at $15,077,519 over the last ninety days. Insiders own 0.10% of the company's stock.

Walmart Price Performance

Shares of WMT stock opened at $103.14 on Friday. The firm has a market cap of $822.32 billion, a P/E ratio of 38.77, a P/E/G ratio of 4.86 and a beta of 0.65. Walmart Inc. has a fifty-two week low of $78.98 and a fifty-two week high of $106.11. The business's 50 day moving average price is $100.16 and its 200-day moving average price is $96.11. 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 - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $174.02 billion. During the same quarter in the prior year, the business posted $0.67 earnings per share. Walmart's quarterly revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

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.

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