Nicola Wealth Management LTD. Has $21.09 Million Position in Walmart Inc. $WMT

Key Points

• Nicola Wealth Management LTD. reduced its position in Walmart Inc. by 14.3% in the first quarter, holding 240,200 shares valued at approximately $21.09 million, making it the 12th largest holding in its portfolio.
• Walmart reported $0.68 earnings per share for the last quarter, missing estimates by $0.06, while its revenue was $169.34 billion, falling short of analyst expectations of $174.02 billion.
• Walmart's stock has seen a significant upward trend, trading up 2.2% at around $102.64, and several brokerages have maintained their "buy" ratings with target prices ranging from $110.00 to $117.00.

Nicola Wealth Management LTD. decreased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 14.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 240,200 shares of the retailer's stock after selling 40,000 shares during the quarter. Walmart makes up about 2.1% of Nicola Wealth Management LTD.'s investment portfolio, making the stock its 12th biggest holding. Nicola Wealth Management LTD.'s holdings in Walmart were worth $21,087,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Whelan Financial boosted its holdings in Walmart by 2.3% during the fourth quarter. Whelan Financial now owns 4,339 shares of the retailer's stock worth $392,000 after purchasing an additional 97 shares during the last quarter. Bedel Financial Consulting Inc. boosted its holdings in Walmart by 0.4% during the first quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after purchasing an additional 102 shares during the last quarter. Scott & Selber Inc. boosted its holdings 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 purchasing an additional 105 shares during the last quarter. Capital Advisors Wealth Management LLC boosted its holdings in Walmart by 1.4% during the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock worth $684,000 after purchasing an additional 105 shares during the last quarter. Finally, Lauterbach Financial Advisors LLC boosted its holdings in Walmart by 1.8% during the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock worth $517,000 after purchasing an additional 106 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Trading Up 2.2%

Shares of Walmart stock opened at $102.64 on Friday. The business has a fifty day simple moving average of $98.61 and a two-hundred day simple moving average of $95.37. Walmart Inc. has a 1 year low of $77.49 and a 1 year high of $105.30. The company has a market capitalization of $818.33 billion, a price-to-earnings ratio of 38.59, a P/E/G ratio of 4.82 and a beta of 0.65. 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 (NYSE:WMT - Get Free Report) last announced its quarterly earnings results 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 for the quarter, compared to analyst estimates of $174.02 billion. During the same period in the prior year, the business earned $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. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Insider Transactions at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $95.85, for a total value of $1,258,031.25. Following the transaction, the executive vice president directly owned 945,434 shares of the company's stock, valued at $90,619,848.90. This represents a 1.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $98.30, for a total value of $216,260.00. Following the completion of the transaction, the executive vice president directly owned 626,118 shares in the company, valued at approximately $61,547,399.40. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 121,382 shares of company stock valued at $11,718,441. Corporate insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WMT. DA Davidson restated a "buy" rating and set a $117.00 target price on shares of Walmart in a report on Friday, May 16th. Sanford C. Bernstein set a $117.00 price target on shares of Walmart and gave the company an "outperform" rating in a research note on Friday, August 22nd. Mizuho reissued an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Evercore ISI reissued 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. Finally, The Goldman Sachs Group lifted their price objective on shares of Walmart from $101.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Walmart presently has an average rating of "Buy" and a consensus price target of $110.76.

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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