Chesapeake Wealth Management Acquires 955 Shares of Walmart Inc. $WMT

by · The Cerbat Gem

Chesapeake Wealth Management grew its holdings in Walmart Inc. (NYSE:WMT – Free Report) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,337 shares of the retailer’s stock after purchasing an additional 955 shares during the period. Chesapeake Wealth Management’s holdings in Walmart were worth $2,477,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of WMT. Kingstone Capital Partners Texas LLC raised its position in shares of Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock valued at $10,496,702,000 after purchasing an additional 104,488,610 shares during the period. Nuveen LLC bought a new stake in shares of Walmart in the first quarter valued at approximately $2,532,331,000. Goldman Sachs Group Inc. raised its position in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares during the period. Wellington Management Group LLP raised its position in shares of Walmart by 527.1% in the first quarter. Wellington Management Group LLP now owns 6,739,038 shares of the retailer’s stock valued at $591,620,000 after purchasing an additional 5,664,484 shares during the period. Finally, Ontario Teachers Pension Plan Board increased its holdings in Walmart by 28,684.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 4,229,354 shares of the retailer’s stock worth $371,295,000 after acquiring an additional 4,214,661 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $98.55, for a total value of $1,293,468.75. Following the completion of the sale, the executive vice president owned 919,189 shares of the company’s stock, valued at approximately $90,586,075.95. This represents a 1.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the completion of the sale, the executive vice president directly owned 1,048,455 shares of the company’s stock, valued at $108,861,082.65. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 136,363 shares of company stock worth $13,668,438. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on WMT shares. Tigress Financial upped their target price on shares of Walmart from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. DA Davidson set a $117.00 target price on shares of Walmart in a report on Wednesday. Erste Group Bank raised shares of Walmart from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $106.00 target price on shares of Walmart in a report on Friday, August 22nd. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a report on Monday, August 18th. Thirty-one research 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 currently has an average rating of “Moderate Buy” and an average price target of $112.63.

Check Out Our Latest Stock Report on WMT

Walmart Price Performance

Shares of NYSE:WMT opened at $109.05 on Thursday. The company’s fifty day moving average price is $101.55 and its 200-day moving average price is $97.61. The firm has a market capitalization of $869.45 billion, a price-to-earnings ratio of 41.00, a PEG ratio of 5.05 and a beta of 0.67. Walmart Inc. has a one year low of $79.81 and a one year high of $109.56. 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 issued its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.Walmart’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $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. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Profile

(Free Report)

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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