Walmart Inc. (NYSE:WMT) Shares Sold by Tradewinds LLC.

Tradewinds LLC. lessened its stake in Walmart Inc. (NYSE:WMT - Free Report) by 2.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 107,822 shares of the retailer's stock after selling 2,936 shares during the period. Walmart comprises approximately 2.7% of Tradewinds LLC.'s portfolio, making the stock its 8th largest position. Tradewinds LLC.'s holdings in Walmart were worth $9,466,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. World Investment Advisors grew its holdings in shares of Walmart by 7.6% in the fourth quarter. World Investment Advisors now owns 271,515 shares of the retailer's stock valued at $24,532,000 after purchasing an additional 19,233 shares in the last quarter. Cushing Capital Partners LLC acquired a new position in shares of Walmart in the fourth quarter worth $1,124,000. GWN Securities Inc. acquired a new position in shares of Walmart in the fourth quarter worth $4,658,000. Full Sail Capital LLC grew its stake in shares of Walmart by 6.6% in the fourth quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock worth $786,000 after acquiring an additional 541 shares in the last quarter. Finally, Leslie Global Wealth LLC grew its stake in Walmart by 22.0% during the 4th quarter. Leslie Global Wealth LLC now owns 3,154 shares of the retailer's stock worth $285,000 after purchasing an additional 568 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently commented on WMT. Truist Financial boosted their target price on Walmart from $107.00 to $111.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Citigroup reissued a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. Erste Group Bank downgraded Walmart from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. Stifel Nicolaus lowered their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Finally, Tigress Financial boosted their price target on shares of Walmart from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Two investment analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $106.67.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,760 shares of the firm's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $94.77, for a total value of $166,795.20. Following the completion of the sale, the executive vice president directly owned 650,977 shares of the company's stock, valued at $61,693,090.29. This trade represents a 0.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $95.85, for a total value of $1,258,031.25. Following the completion of the sale, the executive vice president directly owned 945,434 shares of the company's stock, valued at $90,619,848.90. This represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 142,711 shares of company stock worth $13,710,319. 45.58% of the stock is currently owned by insiders.

Walmart Stock Performance

Shares of NYSE WMT traded down $2.24 during midday trading on Tuesday, reaching $97.11. 16,858,959 shares of the company were exchanged, compared to its average volume of 18,067,543. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. Walmart Inc. has a 1 year low of $66.67 and a 1 year high of $105.30. The stock has a fifty day simple moving average of $97.22 and a 200 day simple moving average of $94.41. The stock has a market cap of $774.98 billion, a P/E ratio of 41.50, a PEG ratio of 4.78 and a beta of 0.68.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The company had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. During the same period last year, the firm earned $0.60 EPS. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. On average, research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were issued a dividend of $0.235 per share. This represents a dividend yield of 0.95%. The ex-dividend date was Friday, May 9th. Walmart's dividend payout ratio is presently 40.17%.

Walmart 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.