Larry Mathis Financial Planning LLC Takes $989,000 Position in Walmart Inc. $WMT

Larry Mathis Financial Planning LLC bought a new position in shares of Walmart Inc. (NASDAQ:WMT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,878 shares of the retailer’s stock, valued at approximately $989,000.

Other hedge funds have also added to or reduced their stakes in the company. Entrust Financial LLC acquired a new position in shares of Walmart during the 4th quarter worth approximately $27,000. Beacon Financial Strategies CORP acquired a new stake in Walmart during the fourth quarter worth approximately $30,000. Bay Harbor Wealth Management LLC increased its stake in Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after acquiring an additional 105 shares during the period. Clayton Financial Group LLC increased its stake in Walmart by 193.0% during the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after acquiring an additional 193 shares during the period. Finally, Sankala Group LLC acquired a new position in Walmart in the 4th quarter valued at $33,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Price Performance

Walmart stock opened at $117.18 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a 52 week low of $94.23 and a 52 week high of $135.15. The stock has a market capitalization of $932.53 billion, a P/E ratio of 41.12, a price-to-earnings-growth ratio of 4.37 and a beta of 0.59. The stock has a fifty day moving average of $124.61 and a 200-day moving average of $122.04.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.66. The company had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $0.61 EPS. 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, sell-side analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Raymond James Financial reiterated an “outperform” rating and set a $135.00 target price on shares of Walmart in a research report on Friday, March 6th. Craig Hallum set a $150.00 price target on Walmart in a research note on Friday, March 6th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. Finally, KeyCorp reissued an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. 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 stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Insider Transactions at Walmart

In other news, EVP Daniel J. Bartlett sold 1,385 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $119.83, for a total transaction of $165,964.55. Following the completion of the transaction, the executive vice president directly owned 633,784 shares in the company, valued at approximately $75,946,336.72. This represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the completion of the transaction, the executive vice president owned 577,853 shares of the company’s stock, valued at $71,607,543.76. The trade was a 0.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 117,246 shares of company stock valued at $14,493,147. Corporate insiders own 0.09% of the company’s stock.

Walmart 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.