Walmart Inc. $WMT is American National Bank & Trust's 8th Largest Position

Key Points

• American National Bank & Trust decreased its holdings in Walmart Inc. by 1.4%, making it the bank's 8th largest position, valued at approximately $27.34 million.
• Multiple hedge funds significantly increased their stakes in Walmart, with Operose Advisors growing its holdings by 319.7% in the first quarter.
• Analysts have raised Walmart's price targets, with Bank of America increasing its target from $120 to $125 and maintaining a "buy" rating.

American National Bank & Trust decreased its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 279,596 shares of the retailer's stock after selling 4,042 shares during the quarter. Walmart makes up approximately 2.8% of American National Bank & Trust's holdings, making the stock its 8th largest holding. American National Bank & Trust's holdings in Walmart were worth $27,339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Operose Advisors LLC grew its holdings in Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares during the period. Ridgewood Investments LLC grew its holdings in shares of Walmart by 55.3% during the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock worth $32,000 after purchasing an additional 115 shares during the period. Bear Mountain Capital Inc. grew its holdings in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Walmart by 432.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after purchasing an additional 294 shares during the period. Finally, EQ Wealth Advisors LLC purchased a new stake in shares of Walmart during the 1st quarter worth about $35,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the 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 of the company's stock, valued at approximately $106,255,856.80. This represents a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the completion of the transaction, the executive vice president directly owned 623,918 shares of the company's stock, valued at approximately $60,750,895.66. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 131,816 shares of company stock valued at $13,073,594. Company insiders own 0.10% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Oppenheimer boosted 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. Bank of America boosted their target price on Walmart from $120.00 to $125.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Erste Group Bank upgraded Walmart from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Mizuho restated an "outperform" rating and issued a $115.00 price target on shares of Walmart in a report on Wednesday, August 13th. Finally, Sanford C. Bernstein set a $117.00 price target on Walmart and gave the stock an "outperform" rating in a report on Friday, August 22nd. Twenty-nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.38.

Walmart Price Performance

Shares of NYSE WMT opened at $103.03 on Friday. Walmart Inc. has a 1-year low of $78.98 and a 1-year high of $106.11. 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 business's fifty day moving average price is $99.99 and its two-hundred day moving average price is $95.92. The firm has a market capitalization of $821.41 billion, a PE ratio of 38.73, a P/E/G ratio of 4.84 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last issued its 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). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same period in the prior year, the business earned $0.67 earnings per share. Walmart's quarterly revenue was up 4.8% on a year-over-year basis. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. On average, research analysts expect that Walmart Inc. will post 2.55 EPS for the current 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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