Tompkins Financial Corp Sells 8,660 Shares of Walmart Inc. $WMT

Key Points

• Tompkins Financial Corp cut its Walmart stake by 3.4% in Q4, selling 8,660 shares and ending the quarter with 249,122 shares worth $27,755,000 (about 2.2% of its portfolio and its 13th largest holding).
• Analysts remain broadly positive on Walmart — the consensus rating is Moderate Buy with a consensus price target of $135.76, and several firms (including Oppenheimer and Morgan Stanley) have recently raised targets up to $140.
• Walmart slightly beat quarterly expectations with $0.74 EPS vs. $0.73 and $190.66B revenue vs. $188.37B, and issued FY2027 guidance of 2.750–2.850 EPS.

Tompkins Financial Corp cut its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 3.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 249,122 shares of the retailer's stock after selling 8,660 shares during the quarter. Walmart accounts for about 2.2% of Tompkins Financial Corp's portfolio, making the stock its 13th largest position. Tompkins Financial Corp's holdings in Walmart were worth $27,755,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Collier Financial acquired a new stake in Walmart in the third quarter valued at approximately $25,000. Your Advocates Ltd. LLP acquired a new position in shares of Walmart during the third quarter worth $28,000. Redmont Wealth Advisors LLC bought a new position in shares of Walmart in the 3rd quarter valued at $30,000. Roble Belko & Company Inc lifted its stake in shares of Walmart by 212.6% in the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer's stock valued at $33,000 after acquiring an additional 219 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Walmart during the 3rd quarter valued at $39,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on WMT shares. Morgan Stanley reaffirmed an "overweight" rating and issued a $135.00 target price (up from $125.00) on shares of Walmart in a report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft set a $120.00 price target on Walmart in a research note on Friday, February 20th. Evercore reaffirmed an "outperform" rating and issued a $130.00 price objective (up from $125.00) on shares of Walmart in a research note on Tuesday, February 3rd. Oppenheimer reiterated an "outperform" rating and issued a $140.00 price objective (up from $125.00) on shares of Walmart in a report on Monday, February 9th. Finally, Raymond James Financial reiterated an "outperform" rating and set a $135.00 target price on shares of Walmart in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $135.76.

Walmart Trading Up 1.4%

NASDAQ WMT opened at $120.72 on Tuesday. The firm has a market capitalization of $962.42 billion, a PE ratio of 44.06, a price-to-earnings-growth ratio of 4.43 and a beta of 0.66. The business's 50-day moving average price is $124.13 and its two-hundred day moving average price is $113.09. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $134.69.

Walmart (NASDAQ:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.01. The company had revenue of $190.66 billion during the quarter, compared to the consensus estimate of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm's revenue was up 5.6% compared to the same quarter last year. During the same period last year, the company earned $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be issued a dividend of $0.2475 per share. The ex-dividend date is Friday, December 11th. This represents a $0.99 annualized dividend and a yield of 0.8%. Walmart's dividend payout ratio (DPR) is presently 36.13%.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the company's stock in a transaction on Friday, December 26th. The shares were sold at an average price of $111.83, for a total value of $2,171,291.28. Following the sale, the chief executive officer directly owned 4,315,333 shares of the company's stock, valued at approximately $482,583,689.39. This represents a 0.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Donna Morris sold 76,181 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $123.79, for a total transaction of $9,430,445.99. Following the sale, the executive vice president owned 402,072 shares of the company's stock, valued at approximately $49,772,492.88. This trade represents a 15.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 274,278 shares of company stock worth $33,605,809. Company insiders own 0.10% of the company's stock.

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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