Montrusco Bolton Investments Inc. Has $46.35 Million Stock Position in Walmart Inc. $WMT

Key Points

• Montrusco Bolton Investments Inc. increased its stake in Walmart Inc. by 7.1%, holding 473,970 shares valued at approximately $46.35 million at the end of the second quarter.
• Analysts have raised their price targets for Walmart, with Oppenheimer setting a new target of $115 and Bank of America raising theirs to $125, while the average consensus target is $112.38.
• Walmart reported earnings per share of $0.68 for the most recent quarter, missing expectations of $0.74, with revenue of $169.34 billion compared to the consensus estimate of $174.02 billion.

Montrusco Bolton Investments Inc. raised its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 7.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 473,970 shares of the retailer's stock after buying an additional 31,485 shares during the quarter. Montrusco Bolton Investments Inc.'s holdings in Walmart were worth $46,345,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Lion Street Advisors LLC grew its holdings in Walmart by 5.9% in the 2nd quarter. Lion Street Advisors LLC now owns 7,592 shares of the retailer's stock valued at $742,000 after buying an additional 423 shares during the last quarter. Pegasus Asset Management Inc. grew its holdings in Walmart by 4.0% in the 2nd quarter. Pegasus Asset Management Inc. now owns 43,363 shares of the retailer's stock valued at $4,240,000 after buying an additional 1,656 shares during the last quarter. MGO One Seven LLC grew its holdings in Walmart by 71.9% in the 2nd quarter. MGO One Seven LLC now owns 159,676 shares of the retailer's stock valued at $15,613,000 after buying an additional 66,783 shares during the last quarter. ONE Advisory Partners LLC acquired a new stake in Walmart in the 2nd quarter valued at approximately $253,000. Finally, Welch Group LLC grew its holdings in Walmart by 1.8% in the 2nd quarter. Welch Group LLC now owns 47,970 shares of the retailer's stock valued at $4,691,000 after buying an additional 836 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on WMT shares. Oppenheimer raised their price objective on Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. The Goldman Sachs Group raised their price objective on Walmart from $101.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Evercore ISI reiterated an "outperform" rating and issued a $110.00 price objective (up previously from $108.00) on shares of Walmart in a research report on Monday, August 18th. Bank of America raised their price objective on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. Finally, JPMorgan Chase & Co. reduced their price objective on Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, August 22nd. Thirty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Walmart has an average rating of "Moderate Buy" and a consensus price target of $112.38.

Insiders Place Their Bets

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $100.96, for a total value of $403,840.00. Following the completion of the transaction, the executive vice president owned 1,052,455 shares in the company, valued at approximately $106,255,856.80. The trade was a 0.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total value of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares of the company's stock, valued at approximately $88,700,258.82. The trade was a 1.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 149,488 shares of company stock worth $14,917,151. 0.10% of the stock is owned by company insiders.

Walmart Price Performance

Shares of WMT stock opened at $102.04 on Tuesday. The stock's fifty day simple moving average is $101.27 and its 200 day simple moving average is $97.46. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart Inc. has a one year low of $79.76 and a one year high of $106.11. The firm has a market cap of $813.51 billion, a price-to-earnings ratio of 38.36, a P/E/G ratio of 4.80 and a beta of 0.67.

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 the consensus estimate of $0.74 by ($0.06). Walmart had a net margin of 3.08% and a return on equity of 21.45%. 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 previous year, the firm posted $0.67 EPS. The company's revenue for the quarter 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, analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

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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