Walmart Inc. (NYSE:WMT) Shares Purchased by Clarius Group LLC

Clarius Group LLC grew its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 23.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 47,428 shares of the retailer's stock after acquiring an additional 9,047 shares during the quarter. Clarius Group LLC's holdings in Walmart were worth $4,164,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of WMT. FPC Investment Advisory Inc. bought a new stake in shares of Walmart during the fourth quarter valued at approximately $25,000. Horizon Financial Services LLC raised its stake in Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after acquiring an additional 262 shares in the last quarter. Noble Wealth Management PBC acquired a new position in Walmart during the 4th quarter worth $37,000. Mizuho Bank Ltd. bought a new position in shares of Walmart in the fourth quarter worth $41,000. Finally, Nexus Investment Management ULC acquired a new position in shares of Walmart during the first quarter valued at $49,000. Institutional investors own 26.76% of the company's stock.

Walmart Stock Down 0.1%

NYSE:WMT opened at $94.24 on Wednesday. The business's fifty day moving average price is $96.13 and its 200 day moving average price is $94.11. The firm has a market capitalization of $752.04 billion, a price-to-earnings ratio of 40.27, a PEG ratio of 4.60 and a beta of 0.69. 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 $66.55 and a 1-year high of $105.30.

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

Walmart Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders 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 currently 40.17%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WMT. DA Davidson reaffirmed a "buy" rating and issued a $117.00 price objective on shares of Walmart in a report on Friday, May 16th. Erste Group Bank lowered shares of Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. DZ Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price objective on the stock in a research note on Tuesday, February 25th. The Goldman Sachs Group reissued a "buy" rating on shares of Walmart in a report on Wednesday, March 26th. Finally, Raymond James Financial decreased their price target on Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Two investment analysts have rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $106.50.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,760 shares of the company's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $94.77, for a total value of $166,795.20. Following the transaction, the executive vice president now directly owns 650,977 shares of the company's stock, valued at $61,693,090.29. This represents a 0.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,148 shares of Walmart stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $96.58, for a total value of $2,815,113.84. Following the sale, the chief executive officer now owns 4,451,199 shares of the company's stock, valued at approximately $429,896,799.42. This represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 135,294 shares of company stock valued at $12,656,659. 45.58% of the stock is owned by insiders.

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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