Bluedoor Private Wealth LLC Purchases Shares of 23,351 Walmart Inc. $WMT

Bluedoor Private Wealth LLC purchased a new stake in Walmart Inc. (NASDAQ:WMT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,351 shares of the retailer’s stock, valued at approximately $2,602,000. Walmart accounts for about 1.2% of Bluedoor Private Wealth LLC’s investment portfolio, making the stock its 23rd largest position.

A number of other hedge funds have also recently bought and sold shares of WMT. Entrust Financial LLC bought a new stake in Walmart in the 4th quarter valued at $27,000. Redmont Wealth Advisors LLC bought a new position in shares of Walmart during the 3rd quarter worth about $30,000. Beacon Financial Strategies CORP bought a new position in shares of Walmart during the 4th quarter worth about $30,000. Bay Harbor Wealth Management LLC lifted its holdings in shares of 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. Finally, Clayton Financial Group LLC lifted its holdings in shares of 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. 26.76% of the stock is owned by institutional investors.

Insider Activity at Walmart

In related news, EVP David W. Guggina sold 11,978 shares of Walmart 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 $14,985,527.94. This trade represents a 8.74% decrease in their position. The transaction was disclosed in a legal filing 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, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the transaction, the director directly owned 4,174,579 shares in the company, valued at $495,230,306.77. The trade was a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 128,986 shares of company stock worth $15,927,908 over the last 90 days. Insiders own 0.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $138.00 price objective on shares of Walmart in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $120.00 price objective on shares of Walmart in a report on Friday, February 20th. Piper Sandler reaffirmed an “overweight” rating on shares of Walmart in a report on Monday, June 8th. Truist Financial set a $140.00 price objective on shares of Walmart in a report on Thursday, May 21st. Finally, Jefferies Financial Group set a $145.00 price target on shares of Walmart in a report on Friday, February 20th. One research 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $138.85.

Walmart Stock Down 0.2%

Shares of NASDAQ:WMT opened at $120.82 on Tuesday. Walmart Inc. has a one year low of $93.62 and a one year high of $135.15. The company has a 50 day moving average of $125.18 and a 200-day moving average of $121.88. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The stock has a market cap of $961.50 billion, a price-to-earnings ratio of 42.39, a P/E/G ratio of 4.52 and a beta of 0.60.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate 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 analysts’ expectations of $174.84 billion. During the same quarter in the previous year, the company earned $0.61 EPS. Walmart’s 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, sell-side analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

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.