Guardian Wealth Advisors LLC Has $354,000 Holdings in Walmart Inc. (NYSE:WMT)

Guardian Wealth Advisors LLC raised its position in Walmart Inc. (NYSE:WMT) by 4.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,031 shares of the retailer’s stock after buying an additional 166 shares during the period. Guardian Wealth Advisors LLC’s holdings in Walmart were worth $354,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors raised its stake in shares of Walmart by 7.6% in the fourth quarter. World Investment Advisors now owns 271,515 shares of the retailer’s stock worth $24,532,000 after acquiring an additional 19,233 shares during the last quarter. Full Sail Capital LLC raised its stake in shares of Walmart by 6.6% in the fourth quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer’s stock worth $786,000 after acquiring an additional 541 shares during the last quarter. Leslie Global Wealth LLC raised its stake in shares of Walmart by 22.0% in the fourth quarter. Leslie Global Wealth LLC now owns 3,154 shares of the retailer’s stock worth $285,000 after acquiring an additional 568 shares during the last quarter. Scalar Gauge Management LLC raised its stake in shares of Walmart by 76.9% in the fourth quarter. Scalar Gauge Management LLC now owns 69,000 shares of the retailer’s stock worth $6,234,000 after acquiring an additional 30,000 shares during the last quarter. Finally, Monument Capital Management raised its stake in shares of Walmart by 94.2% in the first quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after acquiring an additional 26,685 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Down 0.4%

Walmart stock opened at $95.42 on Wednesday. The stock has a market capitalization of $761.49 billion, a PE ratio of 40.78, a price-to-earnings-growth ratio of 4.61 and a beta of 0.68. Walmart Inc. has a twelve month low of $66.67 and a twelve month high of $105.30. The company has a quick ratio of 0.22, a current ratio of 0.78 and a debt-to-equity ratio of 0.47. The company has a 50 day moving average of $96.97 and a 200-day moving average of $94.55.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, topping the consensus estimate of $0.58 by $0.03. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The business had revenue of $165.61 billion during the quarter, compared to analysts’ expectations of $164.53 billion. During the same quarter in the prior year, the company posted $0.60 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were issued a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date was Friday, May 9th. Walmart’s payout ratio is 40.17%.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 29,148 shares of the stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $96.58, for a total transaction of $2,815,113.84. Following the completion of the transaction, the chief executive officer owned 4,451,199 shares in the company, valued at approximately $429,896,799.42. This represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $99.00, for a total transaction of $217,800.00. Following the transaction, the executive vice president owned 630,518 shares of the company’s stock, valued at $62,421,282. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 140,951 shares of company stock worth $13,543,436. Company insiders own 45.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WMT. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walmart in a research note on Monday, May 5th. UBS Group dropped their price target on shares of Walmart from $112.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, April 10th. Stifel Nicolaus dropped their price target on shares of Walmart from $93.00 to $91.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. Raymond James Financial dropped their price target on shares of Walmart from $115.00 to $105.00 and set an “outperform” rating for the company in a research note on Friday, April 11th. Finally, Wall Street Zen raised shares of Walmart from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. Two analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $106.67.

Walmart Company 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.