New Age Alpha Advisors LLC Sells 11,751 Shares of Walmart Inc. $WMT

Key Points

• New Age Alpha Advisors LLC cut its Walmart stake by 7.2% in the fourth quarter, selling 11,751 shares and leaving it with 151,018 shares worth about $16.8 million.
• Walmart reported Q1 earnings in line with expectations, posting EPS of $0.66 on revenue of $177.75 billion, with sales up 7.4% year over year.
• Despite mixed sentiment around guidance and insider selling, Wall Street remains broadly positive: most analysts rate Walmart a Buy, with an average target price of $138.71.

New Age Alpha Advisors LLC decreased its holdings in Walmart Inc. (NASDAQ:WMT - Free Report) by 7.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 151,018 shares of the retailer's stock after selling 11,751 shares during the quarter. Walmart makes up 0.7% of New Age Alpha Advisors LLC's investment portfolio, making the stock its 16th biggest holding. New Age Alpha Advisors LLC's holdings in Walmart were worth $16,825,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Stockman Wealth Management Inc. grew its stake in shares of Walmart by 3.5% in the fourth quarter. Stockman Wealth Management Inc. now owns 2,561 shares of the retailer's stock worth $285,000 after purchasing an additional 87 shares during the last quarter. Capstone Wealth Management LLC grew its stake in shares of Walmart by 1.8% in the fourth quarter. Capstone Wealth Management LLC now owns 4,955 shares of the retailer's stock worth $552,000 after purchasing an additional 89 shares during the last quarter. Ellenbecker Investment Group grew its stake in shares of Walmart by 0.6% in the fourth quarter. Ellenbecker Investment Group now owns 14,475 shares of the retailer's stock worth $1,613,000 after purchasing an additional 90 shares during the last quarter. Matrix Trust Co grew its stake in shares of Walmart by 20.0% in the fourth quarter. Matrix Trust Co now owns 547 shares of the retailer's stock worth $61,000 after purchasing an additional 91 shares during the last quarter. Finally, Frazier Financial Advisors LLC grew its stake in shares of Walmart by 4.1% in the fourth quarter. Frazier Financial Advisors LLC now owns 2,362 shares of the retailer's stock worth $263,000 after purchasing an additional 93 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

Walmart Price Performance

WMT stock opened at $120.27 on Monday. The stock has a market capitalization of $958.67 billion, a PE ratio of 42.20, a price-to-earnings-growth ratio of 4.45 and a beta of 0.65. The company's 50-day moving average is $126.77 and its 200-day moving average is $120.16. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.24. Walmart Inc. has a 1 year low of $93.43 and a 1 year high of $135.15.

Walmart (NASDAQ:WMT - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.66. The company had revenue of $177.75 billion for the quarter, compared to analysts' expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business's revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.61 EPS. 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 research analysts expect that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insider Activity at Walmart

In related news, EVP Daniel J. Bartlett sold 1,335 shares of the company's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $124.63, for a total value of $166,381.05. Following the sale, the executive vice president owned 636,843 shares in the company, valued at $79,369,743.09. This represents a 0.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $121.96, for a total transaction of $1,600,725.00. Following the completion of the sale, the chief executive officer owned 687,287 shares in the company, valued at $83,821,522.52. This represents a 1.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 126,008 shares of company stock worth $15,896,715. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

WMT has been the topic of several analyst reports. BNP Paribas Exane reduced their price objective on shares of Walmart from $147.00 to $146.00 and set an "outperform" rating on the stock in a research note on Friday. BTIG Research reissued a "buy" rating and issued a $145.00 price objective on shares of Walmart in a research note on Friday. KeyCorp restated an "overweight" rating on shares of Walmart in a report on Friday. Bank of America initiated coverage on shares of Walmart in a report on Friday, February 27th. They issued a "buy" rating and a $150.00 target price on the stock. Finally, Roth Mkm restated a "buy" rating and issued a $138.00 target price on shares of Walmart in a report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $138.71.

Walmart News Roundup

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart posted solid first-quarter results, with revenue of $177.8 billion and EPS of $0.66, while e-commerce sales rose 26% and advertising revenue jumped 37%, highlighting continued strength in digital and membership-driven businesses.
• Positive Sentiment: Several analysts remained constructive after earnings: Bank of America reiterated a Buy rating and said Walmart is well positioned to gain share in a price-sensitive environment, while BTIG and BNP Paribas Exane also kept positive ratings despite modestly trimming price targets.
• Neutral Sentiment: Walmart disclosed pre-arranged insider sales by CEO John Furner and EVP Christopher James Nicholas, but both transactions were made under 10b5-1 plans, which typically limits how much investors read into them.
• Neutral Sentiment: News reports also noted leadership changes, including the departure of Sam’s Club COO Tom Ward and U.S. stores EVP Cedric Clark, adding some uncertainty but not appearing to change the company’s near-term operating outlook.
• Negative Sentiment: Shares weakened after Walmart issued second-quarter EPS guidance below consensus and reaffirmed full-year targets that also came in below Wall Street expectations, prompting concerns that margin pressure could continue.
• Negative Sentiment: Management said elevated fuel prices are pressuring both consumers and Walmart’s own costs, reinforcing worries that spending could soften and profitability could stay under pressure in the coming quarters.

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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