Capital Advisors Inc. OK Has $5.69 Million Position in Walmart Inc. (NYSE:WMT)

Capital Advisors Inc. OK grew its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 4.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,806 shares of the retailer's stock after purchasing an additional 2,902 shares during the period. Capital Advisors Inc. OK's holdings in Walmart were worth $5,689,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of WMT. Apex Wealth Management LLC grew its holdings in Walmart by 2.0% during the first quarter. Apex Wealth Management LLC now owns 15,332 shares of the retailer's stock worth $1,346,000 after acquiring an additional 304 shares during the period. Drake & Associates LLC increased its holdings in shares of Walmart by 15.7% in the 1st quarter. Drake & Associates LLC now owns 6,332 shares of the retailer's stock valued at $556,000 after purchasing an additional 859 shares in the last quarter. Crew Capital Management Ltd. boosted its holdings in Walmart by 2.9% during the first quarter. Crew Capital Management Ltd. now owns 4,163 shares of the retailer's stock worth $365,000 after buying an additional 116 shares in the last quarter. Chilton Capital Management LLC grew its position in Walmart by 1,514.7% during the first quarter. Chilton Capital Management LLC now owns 403,049 shares of the retailer's stock worth $35,384,000 after buying an additional 378,087 shares during the period. Finally, Ifrah Financial Services Inc. boosted its stake in shares of Walmart by 3.5% during the 1st quarter. Ifrah Financial Services Inc. now owns 28,781 shares of the retailer's stock worth $2,527,000 after acquiring an additional 970 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WMT has been the topic of a number of research analyst reports. Telsey Advisory Group reiterated an "outperform" rating and set a $115.00 target price on shares of Walmart in a research report on Monday, June 9th. Royal Bank Of Canada restated an "outperform" rating and set a $103.00 target price (up from $102.00) on shares of Walmart in a report on Monday, June 9th. Robert W. Baird raised their price objective on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Truist Financial upped their target price on Walmart from $107.00 to $111.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Finally, Wall Street Zen raised Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Two research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Walmart presently has an average rating of "Moderate Buy" and an average price target of $106.67.

Walmart Stock Up 0.9%

Shares of NYSE WMT traded up $0.91 during trading on Monday, reaching $99.27. 12,918,621 shares of the stock were exchanged, compared to its average volume of 18,048,333. The business's 50-day moving average price is $97.14 and its 200 day moving average price is $94.36. The company has a market capitalization of $792.22 billion, a price-to-earnings ratio of 42.42, a price-to-earnings-growth ratio of 4.73 and a beta of 0.68. Walmart Inc. has a twelve month low of $66.67 and a twelve month high of $105.30. The company has a quick ratio of 0.22, a current ratio of 0.78 and a debt-to-equity ratio of 0.47.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $164.53 billion. During the same period last year, the firm earned $0.60 earnings per share. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

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

Insider Activity at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $95.24, for a total transaction of $380,960.00. Following the sale, the executive vice president owned 1,060,455 shares in the company, valued at $100,997,734.20. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the completion of the transaction, the executive vice president owned 945,434 shares in the company, valued at approximately $90,619,848.90. This represents a 1.37% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 142,711 shares of company stock valued at $13,710,319. Company insiders own 45.58% of the company's stock.

Walmart 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.