Indivisible Partners Makes New Investment in Walmart Inc. $WMT

Key Points

• Indivisible Partners opened a new position in Walmart in the fourth quarter, buying 19,037 shares valued at about $2.12 million, according to its SEC filing.
• Walmart slightly beat estimates for the quarter with $0.74 EPS vs. $0.73 expected and revenue of $190.66 billion (vs. $188.37B est.); management set FY2027 EPS guidance of 2.75–2.85 and analysts hold a consensus “Buy” with a target price around $137.79.
• Walmart is a large-cap retailer with a market cap near $1.04 trillion, a P/E of ~47.7, and a quarterly dividend of $0.2475 (annualized $0.99, yield ~0.8%).

Indivisible Partners purchased a new position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 19,037 shares of the retailer's stock, valued at approximately $2,121,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings 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 buying an additional 4,304,436 shares during the period. State Street Corp lifted its holdings in shares of Walmart by 1.2% in the 3rd quarter. State Street Corp now owns 184,805,978 shares of the retailer's stock valued at $19,046,104,000 after buying an additional 2,242,364 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of Walmart by 1.6% in the 3rd quarter. Fisher Asset Management LLC now owns 40,298,623 shares of the retailer's stock valued at $4,153,176,000 after buying an additional 634,211 shares during the period. Legal & General Group Plc lifted its holdings in shares of Walmart by 3.5% in the 3rd quarter. Legal & General Group Plc now owns 27,268,463 shares of the retailer's stock valued at $2,810,288,000 after buying an additional 934,468 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of Walmart by 0.4% in the 3rd quarter. Raymond James Financial Inc. now owns 24,990,692 shares of the retailer's stock valued at $2,575,541,000 after buying an additional 93,459 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

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Walmart Price Performance

NASDAQ:WMT opened at $130.79 on Wednesday. Walmart Inc. has a 12 month low of $91.89 and a 12 month high of $134.69. The stock has a 50 day moving average of $125.76 and a two-hundred day moving average of $117.90. 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 P/E 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 EPS 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 company had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. During the same period in the previous year, the business earned $0.66 EPS. Walmart'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. On average, analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Walmart Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WMT shares. Morgan Stanley boosted their price objective on Walmart from $135.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday, April 22nd. KeyCorp restated an "overweight" rating and issued a $145.00 price target (up from $128.00) on shares of Walmart in a research note on Friday, February 13th. Barclays restated an "overweight" rating and issued a $125.00 price target (up from $108.00) on shares of Walmart in a research note on Thursday, January 8th. Mizuho lifted their price target on Walmart from $125.00 to $137.00 and gave the company an "outperform" rating in a research note on Monday, February 9th. Finally, Jefferies Financial Group set a $145.00 price target on Walmart in a research note on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, Walmart currently has a consensus rating of "Buy" and a consensus target price of $137.79.

Insider Activity at Walmart

In other Walmart news, Director C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $132.21, for a total transaction of $2,566,989.36. Following the completion of the sale, the director directly owned 4,193,995 shares in the company, valued at approximately $554,488,078.95. The trade was a 0.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the business's stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $124.72, for a total value of $361,688.00. Following the sale, the executive vice president owned 596,008 shares of the company's stock, valued at approximately $74,334,117.76. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 167,195 shares of company stock worth $20,975,804 in the last quarter. Corporate insiders own 0.10% of the company's stock.

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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