Walmart Inc. $WMT Shares Purchased by Sargent Investment Group LLC

Key Points

• Sargent Investment Group LLC increased its Walmart stake by 13.2% in the fourth quarter, buying 11,678 additional shares and bringing its total to 99,887 shares worth about $11.1 million.
• Several other large institutions also boosted or initiated positions in Walmart, and institutional investors now hold 26.76% of the company’s stock.
• Walmart reported quarterly earnings that met expectations at $0.66 EPS and revenue of $177.75 billion, while analysts remain broadly positive with a consensus rating of Moderate Buy and an average price target of $138.85.

Sargent Investment Group LLC grew its stake in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 13.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,887 shares of the retailer's stock after acquiring an additional 11,678 shares during the quarter. Walmart comprises approximately 1.4% of Sargent Investment Group LLC's investment portfolio, making the stock its 19th largest holding. Sargent Investment Group LLC's holdings in Walmart were worth $11,128,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of WMT. Norges Bank acquired a new position in shares of Walmart during the fourth quarter valued at about $6,458,529,000. AQR Capital Management LLC increased its holdings in shares of Walmart by 188.1% during the third quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer's stock valued at $1,199,907,000 after acquiring an additional 7,614,172 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Walmart by 6.8% during the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer's stock valued at $11,426,753,000 after acquiring an additional 6,517,394 shares in the last quarter. Capital International Investors acquired a new position in shares of Walmart during the fourth quarter valued at about $592,848,000. Finally, Vanguard Group Inc. increased its holdings in shares of Walmart by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer's stock valued at $49,015,626,000 after acquiring an additional 4,304,436 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Activity

In other news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the transaction, the director owned 4,174,579 shares in the company, valued at $495,230,306.77. This trade represents a 0.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the transaction, the executive vice president owned 577,853 shares in the company, valued at $71,607,543.76. This trade represents a 0.50% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 128,986 shares of company stock worth $15,927,908. Insiders own 0.09% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WMT shares. Telsey Advisory Group upped their price objective on shares of Walmart from $135.00 to $140.00 and gave the company an "outperform" rating in a report on Friday, February 20th. Jefferies Financial Group set a $145.00 target price on Walmart in a research report on Friday, February 20th. Piper Sandler reiterated an "overweight" rating on shares of Walmart in a research report on Monday, June 8th. Wolfe Research reiterated an "outperform" rating and issued a $137.00 target price (up from $135.00) on shares of Walmart in a research report on Monday, May 11th. Finally, Morgan Stanley upped their target price on Walmart from $135.00 to $140.00 and gave the company an "overweight" rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $138.85.

Walmart Stock Performance

Walmart stock opened at $121.04 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12 month low of $93.62 and a 12 month high of $135.15. The stock's 50 day simple moving average is $125.28 and its two-hundred day simple moving average is $121.78. The firm has a market cap of $963.25 billion, a PE ratio of 42.47, a P/E/G ratio of 4.52 and a beta of 0.60.

Walmart (NASDAQ:WMT - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same quarter in the prior year, the firm posted $0.61 EPS. The business's quarterly revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Analysts anticipate that Walmart Inc. will post 2.89 earnings per share for the current year.

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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