Mengis Capital Management Inc. Has $766,000 Stake in Walmart Inc. $WMT

Mengis Capital Management Inc. lifted its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 235.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,836 shares of the retailer's stock after purchasing an additional 5,500 shares during the quarter. Mengis Capital Management Inc.'s holdings in Walmart were worth $766,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WMT. Bedel Financial Consulting Inc. raised its holdings in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after buying an additional 102 shares in the last quarter. Scott & Selber Inc. raised its stake in Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after acquiring an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its holdings in shares of Walmart by 1.4% in the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock worth $684,000 after acquiring an additional 105 shares during the last quarter. Lauterbach Financial Advisors LLC boosted its stake in shares of Walmart by 1.8% in the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after purchasing an additional 106 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC grew its holdings in shares of Walmart by 1.4% during the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,799 shares of the retailer's stock valued at $685,000 after purchasing an additional 106 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $103.83, for a total value of $415,320.00. Following the sale, the executive vice president directly owned 1,048,455 shares of the company's stock, valued at approximately $108,861,082.65. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $101.33, for a total transaction 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. Over the last quarter, insiders have sold 151,232 shares of company stock valued at $15,083,877. Corporate insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of WMT stock opened at $101.86 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. The company has a market cap of $812.10 billion, a P/E ratio of 38.29, a P/E/G ratio of 4.80 and a beta of 0.67. Walmart Inc. has a one year low of $79.37 and a one year high of $106.11. The firm has a 50-day moving average of $101.22 and a 200-day moving average of $97.18.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly 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 company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. Walmart's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous 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. Equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Erste Group Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Oppenheimer lifted their target price on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. Telsey Advisory Group reissued an "outperform" rating and issued a $118.00 price target on shares of Walmart in a research note on Wednesday, September 24th. Wolfe Research started coverage on Walmart in a research note on Thursday, September 18th. They issued an "outperform" rating and a $129.00 price objective on the stock. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Thirty 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, Walmart has an average rating of "Moderate Buy" and an average target price of $112.38.

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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