Meadowbrook Advisors Group LLC Invests $2.71 Million in Walmart Inc. $WMT

Meadowbrook Advisors Group LLC bought a new position in shares of Walmart Inc. (NASDAQ:WMT) in the 4th quarter, Holdings Channel reports. The fund bought 24,360 shares of the retailer’s stock, valued at approximately $2,714,000. Walmart makes up 1.5% of Meadowbrook Advisors Group LLC’s portfolio, making the stock its 15th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Entrust Financial LLC acquired a new stake in Walmart during the fourth quarter worth approximately $27,000. Beacon Financial Strategies CORP acquired a new position in shares of Walmart in the fourth quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC grew its position in shares of Walmart by 57.4% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after purchasing an additional 105 shares during the last quarter. Clayton Financial Group LLC increased its stake in shares of Walmart by 193.0% during the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after purchasing an additional 193 shares during the period. Finally, Sankala Group LLC bought a new position in shares of Walmart during the fourth quarter worth approximately $33,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on WMT. Raymond James Financial reissued an “outperform” rating and set a $135.00 price target on shares of Walmart in a report on Friday, March 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research report on Monday, April 20th. Guggenheim lifted their target price on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Craig Hallum set a $150.00 target price on shares of Walmart in a research report on Friday, March 6th. Finally, BNP Paribas Exane decreased their price target on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a research note 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart Stock Performance

Shares of NASDAQ:WMT opened at $117.18 on Monday. The business’s 50 day simple moving average is $124.61 and its 200 day simple moving average is $122.11. Walmart Inc. has a 1 year low of $94.23 and a 1 year high of $135.15. 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 company has a market capitalization of $932.53 billion, a P/E ratio of 41.12, a P/E/G ratio of 4.37 and a beta of 0.60.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. The firm had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $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, research analysts anticipate that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the transaction, the executive vice president owned 120,203 shares of the company’s stock, valued at $14,300,550.91. The trade was a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Christopher James Nicholas sold 2,900 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $123.92, for a total transaction of $359,368.00. Following the sale, the executive vice president directly owned 577,853 shares of the company’s stock, valued at $71,607,543.76. This represents a 0.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 117,246 shares of company stock valued at $14,493,147 in the last ninety days. Insiders own 0.09% of the company’s stock.

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.