Bokf Na Lowers Position in Walmart Inc. $WMT

Key Points

• Bokf Na trimmed its Walmart stake by 2.8%, selling 15,564 shares to end the quarter with 532,112 shares valued at $59.28M, making WMT about 0.9% of its portfolio and its 22nd largest holding.
• Insider sales — EVP John D. Rainey sold 20,000 shares at an average $127.79 (≈$2.56M), and insiders have sold 167,195 shares (~$20.98M) over the past 90 days; corporate insiders now own 0.10% of the company.
• Earnings & guidance — Walmart slightly beat Q4 consensus (EPS $0.74 vs $0.73; revenue $190.66B vs $188.37B) and set FY2027 EPS guidance of $2.75–$2.85, versus analysts’ consensus of about $2.89 and an average target price of $137.79.

Bokf Na lessened its position in Walmart Inc. (NASDAQ:WMT - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 532,112 shares of the retailer's stock after selling 15,564 shares during the quarter. Walmart makes up about 0.9% of Bokf Na's investment portfolio, making the stock its 22nd largest holding. Bokf Na's holdings in Walmart were worth $59,283,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in WMT. AQR Capital Management LLC lifted its stake in shares of Walmart by 188.1% in the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer's stock valued at $1,199,907,000 after purchasing an additional 7,614,172 shares during the period. Vanguard Group Inc. lifted its stake in shares of Walmart by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer's stock valued at $49,015,626,000 after purchasing an additional 4,304,436 shares during the period. Amundi lifted its stake in shares of Walmart by 20.5% in the 3rd quarter. Amundi now owns 23,497,921 shares of the retailer's stock valued at $2,413,236,000 after purchasing an additional 4,004,277 shares during the period. Danske Bank A S purchased a new position in shares of Walmart in the 3rd quarter valued at approximately $294,621,000. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of Walmart in the 4th quarter valued at approximately $280,736,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $127.79, for a total transaction of $2,555,800.00. Following the completion of the sale, the executive vice president owned 486,764 shares of the company's stock, valued at $62,203,571.56. This trade represents a 3.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,335 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $124.63, for a total transaction of $166,381.05. Following the sale, the executive vice president directly owned 636,843 shares of the company's stock, valued at $79,369,743.09. This trade represents a 0.21% decrease in their position. 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. Insiders have sold 167,195 shares of company stock valued at $20,975,804 over the last ninety days. Corporate insiders own 0.10% of the company's stock.

Walmart Price Performance

Shares of WMT opened at $130.79 on Wednesday. The company has a market capitalization of $1.04 trillion, a P/E ratio of 47.73, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $125.76 and a 200 day moving average of $117.90. Walmart Inc. has a twelve month low of $91.89 and a twelve month high of $134.69.

Walmart (NASDAQ:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.01. The company had revenue of $190.66 billion during the quarter, compared to the consensus estimate of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The firm's quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, equities research analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be given a dividend of $0.2475 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 annualized dividend and a dividend yield of 0.8%. Walmart's dividend payout ratio (DPR) is 36.13%.

Analysts Set New Price Targets

WMT has been the subject of a number of analyst reports. BMO Capital Markets reaffirmed an "outperform" rating on shares of Walmart in a research note on Wednesday, January 14th. Barclays reaffirmed an "overweight" rating and set a $125.00 target price (up from $108.00) on shares of Walmart in a research note on Thursday, January 8th. BTIG Research reaffirmed a "buy" rating and set a $140.00 target price on shares of Walmart in a research note on Friday, February 20th. Citigroup reaffirmed a "buy" rating and set a $147.00 target price (up from $120.00) on shares of Walmart in a research note on Thursday, February 5th. Finally, HSBC downgraded shares of Walmart from a "buy" rating to a "hold" rating and raised their target price for the company from $122.00 to $131.00 in a research note on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Walmart presently has a consensus rating of "Buy" and an average target price of $137.79.

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.

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