T. Rowe Price Investment Management Inc. acquired a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,432 shares of the retailer's stock, valued at approximately $565,000.
A number of other hedge funds have also modified their holdings of WMT. Eagle Capital Management LLC lifted its position in shares of Walmart by 9.1% in the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock valued at $349,000 after acquiring an additional 321 shares in the last quarter. Brighton Jones LLC boosted its position in 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 acquiring an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in 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 acquiring an additional 485 shares during the last quarter. Highview Capital Management LLC DE boosted its position in Walmart by 4.9% during the fourth quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock worth $3,338,000 after acquiring an additional 1,720 shares during the last quarter. Finally, Betterment LLC boosted its position in Walmart by 17.5% during the fourth quarter. Betterment LLC now owns 6,418 shares of the retailer's stock worth $580,000 after acquiring an additional 958 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, EVP Daniel J. Bartlett sold 1,655 shares of the business's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $100.38, for a total value of $166,128.90. Following the completion of the sale, the executive vice president owned 647,578 shares of the company's stock, valued at approximately $65,003,879.64. The trade was a 0.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the completion of the sale, the executive vice president directly owned 626,118 shares of the company's stock, valued at $61,547,399.40. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 101,966 shares of company stock worth $9,858,673. 0.10% of the stock is currently owned by insiders.
Walmart Stock Performance
Shares of WMT stock opened at $96.18 on Tuesday. The company's fifty day simple moving average is $98.03 and its 200-day simple moving average is $95.49. Walmart Inc. has a 52 week low of $75.57 and a 52 week high of $105.30. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. The company has a market cap of $767.56 billion, a PE ratio of 36.16, a P/E/G ratio of 4.65 and a beta of 0.66.
Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion for the quarter, compared to analysts' expectations of $174.02 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The business's quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm earned $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.
Walmart Dividend Announcement
The business also recently announced a dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th will be given a $0.235 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a dividend yield of 90.0%. Walmart's payout ratio is presently 35.34%.
Analysts Set New Price Targets
WMT has been the topic of a number of analyst reports. Tigress Financial raised their target price on shares of Walmart from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Citigroup restated a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. Royal Bank Of Canada restated an "outperform" rating and set a $106.00 target price on shares of Walmart in a research report on Friday. JPMorgan Chase & Co. decreased their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday. Finally, KeyCorp lifted their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Monday, June 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, Walmart presently has an average rating of "Buy" and an average price target of $110.07.
Check Out Our Latest Stock Analysis on WMT
Walmart Company Profile
(
Free Report)
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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