Commerzbank Aktiengesellschaft FI Acquires 31,287 Shares of Walmart Inc. $WMT

Commerzbank Aktiengesellschaft FI raised its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 22.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 169,928 shares of the retailer's stock after purchasing an additional 31,287 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Walmart were worth $21,119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of WMT. Advisortrust Partners LLC boosted its stake in Walmart by 20.2% during the first quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer's stock worth $8,344,000 after buying an additional 11,283 shares during the period. Union Bancaire Privee UBP SA raised its stake in shares of Walmart by 253.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer's stock valued at $47,728,000 after acquiring an additional 275,337 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Walmart by 2.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer's stock worth $300,333,000 after acquiring an additional 68,632 shares during the last quarter. Vise Technologies Inc. lifted its holdings in shares of Walmart by 42.1% in the 4th quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer's stock worth $30,676,000 after acquiring an additional 81,635 shares during the last quarter. Finally, Gerald Baker Financial Group LLC purchased a new position in shares of Walmart during the 1st quarter worth approximately $20,016,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Transactions at Walmart

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the sale, the executive vice president directly owned 120,203 shares of the company's stock, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP David W. Guggina sold 11,978 shares of the firm's stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president owned 125,067 shares in the company, valued at $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. 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 87,145 shares of company stock valued at $10,691,920 over the last quarter. Insiders own 0.09% of the company's stock.

Walmart Price Performance

Shares of NASDAQ WMT opened at $112.20 on Tuesday. The stock's 50-day moving average is $118.51 and its two-hundred day moving average is $122.11. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $95.10 and a 1-year high of $135.15. The company has a market cap of $892.90 billion, a price-to-earnings ratio of 39.37, a price-to-earnings-growth ratio of 4.26 and a beta of 0.60.

Walmart (NASDAQ:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $177.75 billion during the quarter, compared to analysts' expectations of $174.84 billion. During the same quarter last year, the business posted $0.61 EPS. The business's quarterly revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Analysts forecast that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

WMT has been the subject of several research reports. TD Cowen reiterated a "buy" rating and issued a $150.00 target price (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Morgan Stanley upped their price target on Walmart from $135.00 to $140.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 22nd. Evercore reaffirmed an "outperform" rating on shares of Walmart in a research note on Monday, May 18th. BNP Paribas Exane cut their price objective on Walmart from $147.00 to $146.00 and set an "outperform" rating on the stock in a report on Friday, May 22nd. Finally, Tigress Financial reiterated a "buy" rating and issued a $155.00 price objective (up from $150.00) on shares of Walmart in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $138.85.

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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