Revisor Wealth Management LLC Sells 7,777 Shares of Walmart Inc. (NYSE:WMT)

Revisor Wealth Management LLC lessened its position in Walmart Inc. (NYSE:WMT - Free Report) by 48.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,285 shares of the retailer's stock after selling 7,777 shares during the quarter. Revisor Wealth Management LLC's holdings in Walmart were worth $761,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $25,000. Horizon Financial Services LLC grew its position in Walmart by 1,007.7% in the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after purchasing an additional 262 shares in the last quarter. Fiduciary Advisors Inc. acquired a new stake in Walmart in the 4th quarter valued at $27,000. Noble Wealth Management PBC acquired a new stake in Walmart in the 4th quarter valued at $37,000. Finally, Mizuho Bank Ltd. bought a new stake in Walmart during the 4th quarter worth about $41,000. Institutional investors own 26.76% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on WMT. Telsey Advisory Group restated an "outperform" rating on shares of Walmart in a report on Wednesday. Truist Financial increased their price target on Walmart from $107.00 to $111.00 and gave the company a "buy" rating in a research report on Friday, May 16th. KeyCorp boosted their price target on Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a research report on Friday, February 21st. Erste Group Bank cut Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. Finally, Raymond James decreased their target price on shares of Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Two equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $104.94.

Walmart Stock Up 0.6%

WMT opened at $96.49 on Friday. The stock has a fifty day moving average of $92.33 and a 200-day moving average of $92.90. The company has a market capitalization of $772.00 billion, a P/E ratio of 40.04, a P/E/G ratio of 4.42 and a beta of 0.70. Walmart Inc. has a fifty-two week low of $64.16 and a fifty-two week high of $105.30. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $165.61 billion for the quarter, compared to analyst estimates of $164.53 billion. During the same period last year, the firm earned $0.60 earnings per share. Walmart's revenue for the quarter was up 2.5% compared to the same quarter last year. On average, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th will be given a $0.235 dividend. The ex-dividend date is Friday, May 9th. This represents a dividend yield of 0.95%. Walmart's payout ratio is 40.17%.

Insider Activity at Walmart

In other news, EVP Daniel J. Bartlett sold 1,760 shares of the stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $94.82, for a total transaction of $166,883.20. Following the sale, the executive vice president now directly owns 520,275 shares of the company's stock, valued at approximately $49,332,475.50. This represents a 0.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $96.95, for a total value of $2,823,571.80. Following the completion of the transaction, the chief executive officer now directly owns 3,558,247 shares of the company's stock, valued at approximately $344,972,046.65. This trade represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 177,583 shares of company stock worth $16,701,404. Company insiders own 45.58% of the company's stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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