2,741 Shares in Walmart Inc. (NYSE:WMT) Purchased by AWM Capital LLC

Key Points

• AWM Capital LLC has purchased a new stake of 2,741 shares of Walmart Inc., valued at approximately $241,000, according to their recent SEC filing.
• Insider trading activity revealed that Walmart executives sold a combined total of 126,696 shares valued at over $12 million in the last 90 days, indicating a slight decrease in their ownership.
• Walmart's stock has a current average target price of $106.67 following evaluations by analysts, with a consensus rating of "Moderate Buy" based on multiple ratings.

AWM Capital LLC bought a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,741 shares of the retailer's stock, valued at approximately $241,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Eagle Capital Management LLC increased its stake in Walmart by 9.1% during the 4th quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock worth $349,000 after acquiring an additional 321 shares during the period. Brighton Jones LLC boosted its holdings in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after acquiring an additional 485 shares in the last quarter. Highview Capital Management LLC DE boosted its holdings in shares of Walmart by 4.9% during the 4th quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock valued at $3,338,000 after acquiring an additional 1,720 shares in the last quarter. Finally, Tucker Asset Management LLC raised its position in shares of Walmart by 88.2% during the fourth quarter. Tucker Asset Management LLC now owns 1,272 shares of the retailer's stock worth $115,000 after acquiring an additional 596 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

Walmart Price Performance

NYSE WMT traded up $0.56 during trading hours on Thursday, reaching $98.15. 6,625,860 shares of the stock traded hands, compared to its average volume of 19,110,559. The stock has a 50 day simple moving average of $96.78 and a two-hundred day simple moving average of $94.93. Walmart Inc. has a 1 year low of $66.67 and a 1 year high of $105.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. The company has a market cap of $783.26 billion, a price-to-earnings ratio of 41.95, a price-to-earnings-growth ratio of 4.73 and a beta of 0.68.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The business had revenue of $165.61 billion for the quarter, compared to the consensus estimate of $164.53 billion. During the same quarter last year, the business posted $0.60 earnings per share. The company's revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were paid a dividend of $0.235 per share. The ex-dividend date was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart's dividend payout ratio (DPR) is currently 40.17%.

Analysts Set New Price Targets

WMT has been the topic of a number of recent analyst reports. Mizuho boosted their price objective on Walmart from $105.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, June 9th. Tigress Financial boosted their price objective on Walmart from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Oppenheimer boosted their price objective on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. DA Davidson reissued a "buy" rating and set a $117.00 price objective on shares of Walmart in a report on Friday, May 16th. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of Walmart in a report on Monday, May 5th. Two research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and an average target price of $106.67.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the transaction, the executive vice president directly owned 945,434 shares of the company's stock, valued at approximately $90,619,848.90. This trade represents a 1.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $98.44, for a total value of $216,568.00. Following the completion of the sale, the executive vice president directly owned 628,318 shares in the company, valued at $61,851,623.92. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 143,912 shares of company stock valued at $13,863,813 over the last three months. 45.58% of the stock is owned by corporate insiders.

About Walmart

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.