Crabel Capital Management LLC Acquires New Shares in Walmart Inc. (NYSE:WMT)

Crabel Capital Management LLC bought a new stake in Walmart Inc. (NYSE:WMT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,918 shares of the retailer's stock, valued at approximately $444,000. Walmart comprises approximately 1.4% of Crabel Capital Management LLC's investment portfolio, making the stock its 24th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. purchased a new position in Walmart in the 4th quarter worth approximately $25,000. Horizon Financial Services LLC increased its stake in shares of Walmart by 1,007.7% in the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after purchasing an additional 262 shares during the period. Fiduciary Advisors Inc. acquired a new position in shares of Walmart during the fourth quarter valued at $27,000. Decker Retirement Planning Inc. acquired a new stake in Walmart in the fourth quarter worth approximately $32,000. Finally, Noble Wealth Management PBC bought a new position in Walmart during the fourth quarter valued at about $37,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WMT has been the topic of a number of analyst reports. DZ Bank raised Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target on the stock in a research note on Tuesday, February 25th. Raymond James reduced their price objective on shares of Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Mizuho began coverage on Walmart in a report on Friday, April 11th. They set an "outperform" rating and a $105.00 price target on the stock. Truist Financial cut their price objective on Walmart from $111.00 to $107.00 and set a "buy" rating for the company in a research report on Tuesday. Finally, Guggenheim reissued a "buy" rating and issued a $100.00 price target on shares of Walmart in a report on Monday, February 24th. Two research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $103.94.

Walmart Stock Up 0.2 %

WMT traded up $0.21 during trading on Wednesday, hitting $98.76. 11,301,127 shares of the company's stock traded hands, compared to its average volume of 17,814,613. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. Walmart Inc. has a 12-month low of $59.44 and a 12-month high of $105.30. The stock has a market capitalization of $790.13 billion, a price-to-earnings ratio of 40.98, a PEG ratio of 4.42 and a beta of 0.70. The company's 50 day simple moving average is $90.62 and its two-hundred day simple moving average is $91.70.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $180.55 billion for the quarter, compared to analysts' expectations of $178.83 billion. Analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th will be given a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a dividend yield of 0.95%. Walmart's payout ratio is 39.00%.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $96.95, for a total transaction of $2,823,571.80. Following the completion of the sale, the chief executive officer now owns 3,558,247 shares in the company, valued at approximately $344,972,046.65. This represents a 0.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,600 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the sale, the executive vice president now directly owns 423,597 shares in the company, valued at $44,049,852.03. This trade represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 133,857 shares of company stock valued at $12,444,743 in the last ninety days. Corporate insiders own 45.58% of the company's stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.