Walmart Inc. (NYSE:WMT) Shares Acquired by Disciplined Investments LLC

Disciplined Investments LLC lifted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 55.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,046 shares of the retailer's stock after buying an additional 11,096 shares during the quarter. Walmart makes up about 1.3% of Disciplined Investments LLC's holdings, making the stock its 27th largest position. Disciplined Investments LLC's holdings in Walmart were worth $2,726,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tallon Kerry Patrick acquired a new position in Walmart in the 4th quarter valued at about $252,000. LaFleur & Godfrey LLC increased its stake in shares of Walmart by 1.4% during the 4th quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer's stock valued at $6,283,000 after acquiring an additional 992 shares during the last quarter. Eagle Capital Management LLC increased its stake in shares of Walmart by 9.1% during the 4th 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 during the last quarter. Brighton Jones LLC increased its stake in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new position in shares of Walmart during the 4th quarter valued at about $10,645,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Activity

In related news, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $99.00, for a total transaction of $217,800.00. Following the transaction, the executive vice president now directly owns 630,518 shares in the company, valued at $62,421,282. This trade represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total value of $343,800.00. Following the transaction, the executive vice president now owns 888,309 shares in the company, valued at $76,350,158.55. This trade represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 137,534 shares of company stock worth $12,833,664. 45.58% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Robert W. Baird upped their price objective on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Mizuho assumed coverage on shares of Walmart in a research note on Friday, April 11th. They set an "outperform" rating and a $105.00 price objective for the company. Royal Bank of Canada reaffirmed an "outperform" rating and set a $102.00 price objective on shares of Walmart in a research note on Friday, May 16th. Erste Group Bank downgraded shares of Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. Finally, Piper Sandler upped their price objective on shares of Walmart from $93.00 to $118.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. 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 stock. Based on data from MarketBeat.com, Walmart presently has a consensus rating of "Moderate Buy" and an average target price of $105.16.

Walmart Stock Down 0.5%

NYSE WMT opened at $97.46 on Friday. The stock has a market cap of $779.77 billion, a PE ratio of 40.44, a P/E/G ratio of 4.42 and a beta of 0.69. Walmart Inc. has a fifty-two week low of $65.64 and a fifty-two week high of $105.30. The business has a 50 day moving average price of $94.71 and a two-hundred day moving average price of $93.84. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. The company had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The business's revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.60 EPS. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were paid 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 (DPR) is currently 40.17%.

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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