Carroll Investors Inc Cuts Stock Holdings in Walmart Inc. $WMT

Carroll Investors Inc lowered its position in Walmart Inc. (NYSE:WMT - Free Report) by 85.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,654 shares of the retailer's stock after selling 16,125 shares during the period. Walmart comprises about 0.1% of Carroll Investors Inc's portfolio, making the stock its 25th largest position. Carroll Investors Inc's holdings in Walmart were worth $258,000 at the end of the most recent reporting period.

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A number of other large investors also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC increased its stake in Walmart by 397,264.9% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after buying an additional 104,488,610 shares during the last quarter. Norges Bank purchased a new position in shares of Walmart in the 2nd quarter worth approximately $5,367,770,000. Nuveen LLC bought a new position in shares of Walmart in the first quarter valued at approximately $2,532,331,000. Laurel Wealth Advisors LLC increased its position in shares of Walmart by 9,648.7% during the second quarter. Laurel Wealth Advisors LLC now owns 11,486,374 shares of the retailer's stock valued at $1,123,138,000 after acquiring an additional 11,368,549 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Walmart by 1.4% during the second quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer's stock worth $42,223,116,000 after acquiring an additional 5,856,468 shares during the period. 26.76% of the stock is owned by institutional investors.

Insider Activity

In other news, SVP David Chojnowski sold 7,000 shares of the firm's stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $106.65, for a total value of $746,550.00. Following the completion of the transaction, the senior vice president directly owned 136,289 shares of the company's stock, valued at $14,535,221.85. This trade represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction on Monday, December 1st. The shares were sold at an average price of $111.23, for a total value of $244,706.00. Following the sale, the executive vice president owned 617,318 shares in the company, valued at approximately $68,664,281.14. The trade was a 0.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 158,013 shares of company stock valued at $16,657,847. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

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Several research firms have weighed in on WMT. Tigress Financial boosted their price objective on Walmart from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Wednesday. Royal Bank Of Canada reiterated an "outperform" rating and set a $116.00 target price on shares of Walmart in a research note on Friday, November 21st. The Goldman Sachs Group increased their price target 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. Evercore ISI restated an "outperform" rating and set a $115.00 price objective (up previously from $111.00) on shares of Walmart in a report on Friday, November 21st. Finally, Bank of America boosted their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. Thirty-one investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $119.00.

View Our Latest Stock Report on Walmart

Walmart Price Performance

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NYSE WMT opened at $114.85 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.80 and a debt-to-equity ratio of 0.39. The company has a market cap of $915.68 billion, a PE ratio of 40.16, a price-to-earnings-growth ratio of 5.29 and a beta of 0.64. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $114.89. The firm's 50-day simple moving average is $104.82 and its two-hundred day simple moving average is $100.71.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.02. The firm had revenue of $179.50 billion during the quarter, compared to the consensus estimate of $175.15 billion. Walmart had a net margin of 3.26% and a return on equity of 21.31%. The company's revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the company earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts predict that Walmart Inc. will post 2.55 earnings per share 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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