33,182 Shares in Walmart Inc. (NYSE:WMT) Purchased by Copperwynd Financial LLC

Copperwynd Financial LLC acquired a new position in Walmart Inc. (NYSE:WMT - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 33,182 shares of the retailer's stock, valued at approximately $2,913,000. Walmart comprises 0.8% of Copperwynd Financial LLC's investment portfolio, making the stock its 26th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eagle Capital Management LLC boosted its holdings in shares of Walmart by 9.1% in the fourth 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% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after acquiring an additional 21,939 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after acquiring an additional 485 shares during the period. Highview Capital Management LLC DE boosted its holdings in shares of Walmart by 4.9% in the fourth quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock worth $3,338,000 after acquiring an additional 1,720 shares during the period. Finally, Madison Investment Advisors LLC bought a new position in shares of Walmart in the fourth quarter worth $242,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Down 0.1%

Walmart stock traded down $0.08 during trading hours on Friday, hitting $95.01. 14,622,243 shares of the stock traded hands, compared to its average volume of 18,156,813. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. The firm's 50-day moving average price is $96.81 and its two-hundred day moving average price is $94.65. Walmart Inc. has a one year low of $66.67 and a one year high of $105.30. The company has a market cap of $758.22 billion, a PE ratio of 40.60, a PEG ratio of 4.57 and a beta of 0.68.

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

Walmart Dividend Announcement

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

Insiders Place Their Bets

In other Walmart news, EVP Daniel J. Bartlett sold 1,744 shares of the stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $95.60, for a total transaction of $166,726.40. Following the completion of the transaction, the executive vice president owned 649,233 shares of the company's stock, valued at $62,066,674.80. This represents a 0.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $95.24, for a total transaction of $380,960.00. Following the completion of the transaction, the executive vice president directly owned 1,060,455 shares of the company's stock, valued at approximately $100,997,734.20. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 142,695 shares of company stock worth $13,710,162 in the last three months. 45.58% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on WMT shares. Oppenheimer lifted their price objective on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. UBS Group dropped their price objective on Walmart from $112.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Tigress Financial lifted their price objective on Walmart from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Mizuho lifted their price target on Walmart from $105.00 to $115.00 and gave the stock an "outperform" rating in a research note on Monday, June 9th. Finally, Truist Financial lifted their price target on Walmart from $107.00 to $111.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Two research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $106.67.

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.