Quadrant Private Wealth Management LLC Has $4.03 Million Stock Holdings in Walmart Inc. $WMT

Key Points

• Quadrant Private Wealth Management cut its Walmart stake by 38.9% in the first quarter, selling 20,638 shares and ending with 32,366 shares valued at about $4.03 million.
• Wall Street remains broadly upbeat on Walmart, with a consensus rating of “Moderate Buy” and an average price target of $138.85, despite a few more cautious notes on valuation.
• Walmart’s latest quarterly results showed EPS of $0.66, matching estimates, while revenue of $177.75 billion topped forecasts and rose 7.4% year over year.

Quadrant Private Wealth Management LLC trimmed its position in Walmart Inc. (NASDAQ:WMT - Free Report) by 38.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,366 shares of the retailer's stock after selling 20,638 shares during the period. Quadrant Private Wealth Management LLC's holdings in Walmart were worth $4,030,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in WMT. Vanguard Group Inc. increased its holdings in shares of Walmart by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer's stock valued at $49,015,626,000 after acquiring an additional 4,304,436 shares in the last quarter. State Street Corp raised its position in shares of Walmart by 1.2% during the third quarter. State Street Corp now owns 184,805,978 shares of the retailer's stock worth $19,046,104,000 after purchasing an additional 2,242,364 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Walmart by 6.8% in the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer's stock worth $11,426,753,000 after purchasing an additional 6,517,394 shares in the last quarter. Norges Bank bought a new position in shares of Walmart in the 4th quarter worth $6,458,529,000. Finally, Fisher Asset Management LLC lifted its holdings in shares of Walmart by 0.8% in the 4th quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer's stock worth $4,526,238,000 after purchasing an additional 328,229 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Wolfe Research restated an "outperform" rating and set a $137.00 price target (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. KeyCorp reaffirmed an "overweight" rating on shares of Walmart in a research note on Friday, May 22nd. Evercore reiterated an "outperform" rating on shares of Walmart in a report on Monday, May 18th. BTIG Research reiterated a "buy" rating and set a $145.00 price objective on shares of Walmart in a report on Wednesday, June 3rd. Finally, Freedom Capital raised shares of Walmart from a "strong sell" rating to a "hold" rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $138.85.

Walmart Stock Down 0.6%

Shares of NASDAQ:WMT opened at $114.24 on Friday. The business's 50 day moving average is $118.82 and its 200 day moving average is $122.04. Walmart Inc. has a 12-month low of $94.43 and a 12-month high of $135.15. The stock has a market cap of $909.13 billion, a price-to-earnings ratio of 40.08, a PEG ratio of 4.29 and a beta of 0.60. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT - Get Free Report) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts' consensus estimates of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. During the same period in the prior year, the firm posted $0.61 EPS. Walmart's quarterly revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, sell-side analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: June U.S. retail sales held up, suggesting consumers are still spending as Walmart heads into the back-to-school season; that could support traffic and sales volumes if the company remains aggressive on pricing. Retail Sales Hold Up as Walmart and Amazon Go Back to School
• Neutral Sentiment: Walmart is also being discussed in multiple market and analyst roundups, with commentary focusing on its strong digital growth and role as a defensive stock, but these pieces do not appear to include a major new business update. Walmart Commands a 36.74X Forward P/E: Is the Stock Worth Buying?
• Neutral Sentiment: An article about AI and retail highlighted that Walmart is investing in automation while still emphasizing workers, which reinforces its long-term strategy but is unlikely to move the stock on its own. Walmart's people chief says these 10 jobs are still hot in the age of AI
• Negative Sentiment: Some analysts argue Walmart’s premium valuation leaves limited room for disappointment, with one note saying momentum alone may not justify the stock’s high forward P/E. Walmart's Momentum Cannot Justify The Premium
• Negative Sentiment: Walmart has also been the subject of bearish commentary saying the recent sell-off may not be over, adding to investor caution around the shares. Walmart: The Sell-Off Isn't Over Yet (Rating Upgrade)

Insider Transactions at Walmart

In other news, EVP Latriece Watkins sold 11,000 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the sale, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. This represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 3,775 shares of the firm's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total transaction of $413,891.00. Following the transaction, the executive vice president directly 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. Over the last 90 days, insiders have sold 87,145 shares of company stock worth $10,691,920. 0.09% of the stock is owned by insiders.

About Walmart

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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