Harel Insurance Investments & Financial Services Ltd. Has $8.76 Million Position in Walmart Inc. $WMT

Key Points

• Harel Insurance Investments increased its stake in Walmart by 23.2% in Q4 to 78,587 shares, valued at about $8.76 million at quarter-end.
• Corporate insiders have been selling stock—CEO John R. Furner and director C. Douglas McMillon recently sold shares—and insiders disposed of 167,195 shares worth roughly $20.98 million in the past 90 days.
• Analysts hold a consensus "Buy" on Walmart with a target price of $137.79; the company beat Q results and set FY2027 EPS guidance of 2.75–2.85.

Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 23.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,587 shares of the retailer's stock after buying an additional 14,805 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.'s holdings in Walmart were worth $8,762,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Fox Run Management L.L.C. acquired a new stake in shares of Walmart in the 3rd quarter valued at $1,709,000. Van ECK Associates Corp boosted its holdings in shares of Walmart by 2.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer's stock valued at $104,182,000 after purchasing an additional 28,026 shares in the last quarter. Tennessee Valley Asset Management Partners boosted its holdings in shares of Walmart by 466.6% in the 3rd quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer's stock valued at $1,375,000 after purchasing an additional 10,988 shares in the last quarter. Tradewinds LLC. acquired a new stake in shares of Walmart in the 3rd quarter valued at $11,077,000. Finally, Florida Trust Wealth Management Co boosted its holdings in shares of Walmart by 7.0% in the 4th quarter. Florida Trust Wealth Management Co now owns 196,648 shares of the retailer's stock valued at $21,909,000 after purchasing an additional 12,794 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Transactions at Walmart

In other news, CEO John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $121.96, for a total value of $1,600,725.00. Following the completion of the transaction, the chief executive officer directly owned 687,287 shares of the company's stock, valued at approximately $83,821,522.52. This trade represents a 1.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $126.71, for a total value of $2,460,201.36. Following the completion of the transaction, the director directly owned 4,023,209 shares of the company's stock, valued at approximately $509,780,812.39. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 167,195 shares of company stock worth $20,975,804. Corporate insiders own 0.10% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $120.00 price objective on Walmart in a report on Friday, February 20th. Mizuho raised their price objective on Walmart from $125.00 to $137.00 and gave the company an "outperform" rating in a report on Monday, February 9th. Barclays reissued an "overweight" rating and set a $125.00 price objective (up from $108.00) on shares of Walmart in a report on Thursday, January 8th. Tigress Financial set a $150.00 price objective on Walmart and gave the company a "buy" rating in a report on Wednesday, February 25th. Finally, Guggenheim raised their price objective on Walmart from $120.00 to $137.00 and gave the company a "buy" rating in a report on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $137.79.

Walmart Stock Performance

WMT stock opened at $130.79 on Wednesday. The stock has a 50-day moving average price of $125.76 and a 200-day moving average price of $117.90. Walmart Inc. has a 1-year low of $91.89 and a 1-year high of $134.69. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. The firm has a market cap of $1.04 trillion, a PE ratio of 47.73, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65.

Walmart (NASDAQ:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. During the same period last year, the company posted $0.66 EPS. The business's quarterly revenue was up 5.6% on a year-over-year basis. 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 expect that Walmart Inc. will post 2.89 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be given a $0.2475 dividend. 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%.

Walmart 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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