Modern Wealth Management LLC grew its stake in Walmart Inc. (NASDAQ:WMT - Free Report) by 15.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 83,316 shares of the retailer's stock after purchasing an additional 11,107 shares during the period. Modern Wealth Management LLC's holdings in Walmart were worth $10,393,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in shares of Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after buying an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after buying an additional 485 shares in the last quarter. Peterson Wealth Management lifted its stake in shares of Walmart by 3.5% in the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer's stock valued at $4,416,000 after acquiring an additional 1,715 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Walmart by 0.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer's stock valued at $1,272,000 after acquiring an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in shares of Walmart by 1.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer's stock valued at $8,931,000 after acquiring an additional 1,048 shares in the last quarter. 26.76% of the stock is owned by institutional investors.
Insider Activity at Walmart
In related news, EVP Latriece Watkins sold 11,000 shares of the firm's stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares of the company's stock, valued at $14,300,550.91. This trade represents a 8.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 3,775 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total value of $413,891.00. Following the transaction, the executive vice president owned 630,009 shares in the company, valued at $69,074,186.76. The trade was a 0.60% 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 have sold 67,729 shares of company stock worth $8,124,931 over the last quarter. 0.09% of the stock is owned by company insiders.
Walmart Stock Down 0.9%
Walmart stock opened at $108.40 on Friday. The firm has a market cap of $862.66 billion, a price-to-earnings ratio of 38.04, a PEG ratio of 4.08 and a beta of 0.60. Walmart Inc. has a 52-week low of $95.35 and a 52-week high of $135.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The firm has a 50 day moving average price of $117.18 and a two-hundred day moving average price of $122.06.
Walmart (NASDAQ:WMT - Get Free Report) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts' consensus estimates of $0.66. The business had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. Walmart's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities analysts predict that Walmart Inc. will post 2.89 EPS for the current year.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on WMT shares. Evercore reaffirmed an "outperform" rating on shares of Walmart in a report on Monday, May 18th. Royal Bank Of Canada reissued an "outperform" rating and set a $137.00 price target on shares of Walmart in a research note on Wednesday. TD Cowen restated a "buy" rating and set a $150.00 price target (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Wolfe Research reaffirmed an "outperform" rating and issued a $137.00 price objective (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Walmart in a report on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $138.85.
Get Our Latest Stock Analysis on Walmart
More Walmart News
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Royal Bank of Canada reaffirmed an outperform rating on Walmart and raised its price target to $137, signaling meaningful upside potential from current levels. Benzinga report on RBC rating
- Positive Sentiment: Several recent articles highlight Walmart as a wide-moat and growth stock, pointing to durable competitive advantages and steady financial growth that can support investor confidence. Wide-moat stocks article
- Positive Sentiment: Walmart announced a partnership with ReturnPro to refurbish and resell returned products, which could improve e-commerce efficiency, recover losses from returns, and reduce waste. Yahoo Finance ReturnPro partnership article
- Neutral Sentiment: Media coverage on Walmart’s dividend history may attract income-focused investors, but it does not appear to be a new catalyst for the stock today. TheStreet dividend article
- Neutral Sentiment: Technical commentary notes Walmart’s extended downturn could set up a possible rebound, but this is more of a sentiment/valuation call than a fundamental change. MSN comeback article
- Negative Sentiment: RBC and other market commentary suggest Walmart may report a softer fiscal Q2 as lower-income shoppers remain under pressure, raising concerns about near-term sales momentum. Yahoo Finance softer Q2 article
- Negative Sentiment: One article argues Walmart has lagged the market over the past several months, with recent softer results contributing to investor caution. Yahoo Finance stock falls article
About Walmart
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NASDAQ:WMT - Free Report).
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