RBF Capital LLC Sells 50,000 Shares of Walmart Inc. $WMT

RBF Capital LLC cut its stake in Walmart Inc. (NASDAQ:WMT) by 32.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 102,822 shares of the retailer’s stock after selling 50,000 shares during the period. RBF Capital LLC’s holdings in Walmart were worth $12,779,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of WMT. Advisortrust Partners LLC boosted its stake in Walmart by 20.2% in the 1st quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock valued at $8,344,000 after purchasing an additional 11,283 shares during the period. Union Bancaire Privee UBP SA grew its holdings in Walmart by 253.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock valued at $47,728,000 after buying an additional 275,337 shares in the last quarter. Janney Montgomery Scott LLC increased its position in Walmart by 2.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock worth $300,333,000 after buying an additional 68,632 shares during the period. Vise Technologies Inc. increased its position in Walmart by 42.1% during the 4th quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock worth $30,676,000 after buying an additional 81,635 shares during the period. Finally, HORAN Wealth LLC lifted its holdings in shares of Walmart by 55.7% during the first quarter. HORAN Wealth LLC now owns 81,544 shares of the retailer’s stock worth $9,931,000 after buying an additional 29,184 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the transaction, 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP David W. Guggina sold 11,978 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the transaction, the executive vice president owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 67,729 shares of company stock worth $8,124,931. 0.09% of the stock is owned by company insiders.

Walmart Stock Up 1.0%

Shares of NASDAQ WMT opened at $114.22 on Thursday. 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 $95.42 and a 52 week high of $135.15. The stock has a market capitalization of $908.97 billion, a P/E ratio of 40.08, a PEG ratio of 4.22 and a beta of 0.60. The stock’s fifty day moving average is $115.56 and its 200 day moving average is $122.03.

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley boosted their target price on shares of Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. Erste Group Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Guggenheim increased their target price on shares of Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Finally, BMO Capital Markets reaffirmed an “outperform” 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 given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.65.

About Walmart

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.