Leavell Investment Management Inc. Acquires 6,607 Shares of Walmart Inc. $WMT

Key Points

• Leavell Investment Management Inc. increased its stake in Walmart Inc. by 3.4%, acquiring an additional 6,607 shares, bringing its total holdings to 201,564 shares valued at approximately $19.7 million.
• Insider transactions included EVP John R. Furner selling 13,125 shares for over $1.4 million, while a total of 151,038 shares worth around $15.5 million have been sold by insiders in the last three months.
• Analysts maintain a positive outlook for Walmart, with several firms issuing "buy" ratings and price targets ranging from $106 to $125, reflecting strong confidence in the company's future performance.

Leavell Investment Management Inc. boosted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 3.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 201,564 shares of the retailer's stock after purchasing an additional 6,607 shares during the quarter. Walmart comprises 0.9% of Leavell Investment Management Inc.'s holdings, making the stock its 20th largest holding. Leavell Investment Management Inc.'s holdings in Walmart were worth $19,709,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Burke & Herbert Bank & Trust Co. increased its holdings in Walmart by 0.4% in the second quarter. Burke & Herbert Bank & Trust Co. now owns 46,001 shares of the retailer's stock worth $4,498,000 after purchasing an additional 205 shares in the last quarter. CVA Family Office LLC increased its holdings in shares of Walmart by 1.2% during the second quarter. CVA Family Office LLC now owns 29,184 shares of the retailer's stock valued at $2,854,000 after acquiring an additional 357 shares in the last quarter. Mason & Associates Inc increased its holdings in shares of Walmart by 7.3% during the second quarter. Mason & Associates Inc now owns 3,498 shares of the retailer's stock valued at $342,000 after acquiring an additional 237 shares in the last quarter. BIP Alliance LLC bought a new stake in shares of Walmart during the second quarter valued at approximately $223,000. Finally, Brian Low Financial Group LLC bought a new stake in shares of Walmart during the second quarter valued at approximately $456,000. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $107.78, for a total transaction of $1,414,612.50. Following the sale, the executive vice president owned 892,940 shares of the company's stock, valued at approximately $96,241,073.20. This represents a 1.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total value of $222,926.00. Following the sale, the executive vice president directly owned 621,718 shares in the company, valued at $62,998,684.94. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 151,038 shares of company stock worth $15,525,280 in the last three months. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. BTIG Research assumed coverage on Walmart in a report on Tuesday, October 14th. They set a "buy" rating and a $120.00 price target for the company. Weiss Ratings reiterated a "buy (b)" rating on shares of Walmart in a report on Friday. Piper Sandler reiterated an "overweight" rating and set a $111.00 price target on shares of Walmart in a report on Wednesday, September 24th. Royal Bank Of Canada reiterated an "outperform" rating and set a $106.00 price target on shares of Walmart in a report on Friday, August 22nd. Finally, Bank of America upped their price target on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Thirty-one analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Walmart presently has a consensus rating of "Moderate Buy" and a consensus target price of $113.07.

Walmart Price Performance

WMT traded down $0.64 during trading on Friday, reaching $106.22. 10,303,260 shares of the company were exchanged, compared to its average volume of 15,185,690. The company's 50-day moving average is $102.17 and its two-hundred day moving average is $98.61. The company has a market cap of $846.91 billion, a price-to-earnings ratio of 39.93, a P/E/G ratio of 5.03 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12-month low of $79.81 and a 12-month high of $109.57.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the company posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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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