Walmart Inc. $WMT Position Boosted by Focus Partners Wealth

Focus Partners Wealth lifted its holdings in Walmart Inc. (NASDAQ:WMT) by 41.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,520,855 shares of the retailer’s stock after acquiring an additional 1,032,114 shares during the quarter. Focus Partners Wealth’s holdings in Walmart were worth $389,403,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its position in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares during the last quarter. Peterson Wealth Management grew its position in Walmart by 3.5% in the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after buying an additional 1,715 shares during the last quarter. Sivia Capital Partners LLC grew its position in Walmart by 0.9% in the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after buying an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its position in Walmart by 1.2% in the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after buying an additional 1,048 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

WMT stock opened at $121.04 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a one year low of $93.62 and a one year high of $135.15. The firm has a market capitalization of $963.25 billion, a PE ratio of 42.47, a P/E/G ratio of 4.52 and a beta of 0.60. The firm has a 50-day moving average of $125.28 and a two-hundred day moving average of $121.78.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The company had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. During the same period in the prior year, the firm earned $0.61 earnings per share. The business’s quarterly revenue was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent research reports. Sanford C. Bernstein restated an “outperform” rating on shares of Walmart in a research report on Monday, June 8th. TD Cowen restated a “buy” rating and issued a $150.00 price target (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. Morgan Stanley lifted their price target on shares of Walmart from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. BTIG Research restated a “buy” rating and issued a $145.00 price target on shares of Walmart in a research report on Wednesday, June 3rd. Finally, Truist Financial set a $140.00 price objective on shares of Walmart in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have 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 $138.85.

Insider Activity at Walmart

In other news, EVP David W. Guggina sold 11,978 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the sale, the executive vice president directly owned 125,067 shares of the company’s stock, valued at $14,985,527.94. This represents a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president directly owned 120,203 shares of the company’s stock, valued at $14,300,550.91. This trade represents a 8.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 128,986 shares of company stock valued at $15,927,908. Corporate insiders own 0.09% of the company’s stock.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.