First Nebraska Trust Co Purchases New Stake in Walmart Inc. $WMT

Key Points

• First Nebraska Trust Co. acquired 185,735 Walmart shares in the third quarter, valued at about $19.3 million. Walmart represents 1.6% of the trust’s portfolio and is its 14th-largest holding.
• Walmart reported quarterly EPS of $0.81, beating the $0.74 analyst consensus, while revenue rose 5.9% year over year to $187.94 billion. The company also issued fiscal 2027 EPS guidance of $2.80–$2.87.
• Analysts remain broadly positive, with Walmart rated “Buy” on average and an average price target of $132.41. Executives, including the CTO and CEO, reported share sales under pre-arranged Rule 10b5-1 plans.

First Nebraska Trust Co acquired a new position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 185,735 shares of the retailer's stock, valued at approximately $19,301,000. Walmart accounts for 1.6% of First Nebraska Trust Co's investment portfolio, making the stock its 14th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of WMT. IPG Investment Advisors LLC increased its holdings in Walmart by 23.4% during the third quarter. IPG Investment Advisors LLC now owns 43,078 shares of the retailer's stock valued at $4,477,000 after buying an additional 8,159 shares during the period. CrossGen Wealth LLC lifted its holdings in Walmart by 1.5% during the third quarter. CrossGen Wealth LLC now owns 39,439 shares of the retailer's stock worth $4,098,000 after buying an additional 571 shares during the period. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Walmart during the 3rd quarter valued at $28,109,000. Tucker Asset Management LLC boosted its position in Walmart by 263.9% during the 3rd quarter. Tucker Asset Management LLC now owns 7,408 shares of the retailer's stock valued at $770,000 after acquiring an additional 5,372 shares in the last quarter. Finally, VCI Wealth Management LLC boosted its position in Walmart by 2.1% during the 3rd quarter. VCI Wealth Management LLC now owns 32,458 shares of the retailer's stock valued at $3,373,000 after acquiring an additional 656 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Performance

Shares of WMT stock opened at $124.86 on Wednesday. Walmart Inc. has a 12-month low of $98.88 and a 12-month high of $135.15. The business's fifty day simple moving average is $111.08 and its 200-day simple moving average is $118.46. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.41. The company has a market cap of $990.61 billion, a PE ratio of 45.08, a PEG ratio of 4.61 and a beta of 0.53.

Walmart (NASDAQ:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The retailer reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.07. Walmart had a return on equity of 21.83% and a net margin of 3.00%. The firm had revenue of $187.94 billion during the quarter, compared to analysts' expectations of $186.64 billion. During the same quarter last year, the firm earned $0.68 EPS. The business's quarterly revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Analysts expect that Walmart Inc. will post 2.88 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CTO Suresh Kumar sold 166,342 shares of the company's stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $123.21, for a total transaction of $20,494,997.82. Following the transaction, the chief technology officer owned 1,632,223 shares in the company, valued at $201,106,195.83. This represents a 9.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $120.60, for a total transaction of $1,582,875.00. Following the completion of the transaction, the chief executive officer directly owned 634,790 shares of the company's stock, valued at $76,555,674. The trade was a 2.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 268,222 shares of company stock valued at $31,604,051 in the last 90 days. 0.09% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on WMT. Freedom Capital raised Walmart from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 20th. Evercore reaffirmed an "outperform" rating on shares of Walmart in a research report on Tuesday, October 20th. Telsey Advisory Group reiterated an "outperform" rating and issued a $130.00 target price (down from $140.00) on shares of Walmart in a research note on Friday, August 21st. Gordon Haskett downgraded shares of Walmart from a "buy" rating to an "accumulate" rating in a report on Thursday, August 20th. Finally, Guggenheim set a $130.00 price target on shares of Walmart and gave the company a "buy" rating in a research report on Friday, August 21st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Walmart has an average rating of "Buy" and an average price target of $132.41.

Key Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart may be positioned to beat its next earnings estimates, according to Zacks, which points to its history of earnings surprises and factors supporting another potential beat. Why Walmart is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Walmart’s expanded Sparky AI shopping assistant could support holiday sales by helping customers shop and potentially encouraging larger orders. Can Walmart’s Expanded Sparky AI Boost Holiday Shopping and Sales?
• Positive Sentiment: A report says Walmart’s e-commerce sales are growing faster than Amazon’s, suggesting its online business is gaining momentum. 1 Stat That Makes Walmart Hard to Ignore This November
• Neutral Sentiment: CTO Suresh Kumar sold 166,342 shares, and EVP Daniel Bartlett sold 3,346 shares. Both trades were made under pre-arranged Rule 10b5-1 plans; the sales may draw attention, but do not necessarily indicate a change in their views of the company. Kumar SEC filing Bartlett SEC filing
• Negative Sentiment: Bearish commentary highlights Walmart’s high valuation, with one article returning to a “strong sell” rating and another warning that the valuation may be stretched. Valuation concerns could weigh on sentiment even as the business outlook remains constructive. Walmart: Back To The Strong Sell Rating Walmart’s Defensive Reputation and Valuation

Walmart Company Profile

Walmart Inc NASDAQ: WMT operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam's Club U.S. Walmart U.S.

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