Level Four Advisory Services LLC Cuts Stock Holdings in Walmart Inc. $WMT

Level Four Advisory Services LLC reduced its stake in Walmart Inc. (NASDAQ:WMTFree Report) by 3.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 175,317 shares of the retailer’s stock after selling 5,568 shares during the period. Walmart makes up about 0.6% of Level Four Advisory Services LLC’s holdings, making the stock its 25th largest holding. Level Four Advisory Services LLC’s holdings in Walmart were worth $18,068,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Collier Financial acquired a new position in shares of Walmart during the third quarter worth about $25,000. Access Investment Management LLC purchased a new position in Walmart in the second quarter worth approximately $26,000. Your Advocates Ltd. LLP acquired a new position in Walmart during the 3rd quarter worth approximately $28,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Walmart in the 3rd quarter valued at approximately $30,000. Finally, Roble Belko & Company Inc raised its holdings 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 purchasing an additional 219 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $111.83, for a total value of $2,171,291.28. Following the transaction, the chief executive officer owned 4,315,333 shares in the company, valued at $482,583,689.39. The trade was a 0.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Christopher James Nicholas sold 34,082 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $122.00, for a total value of $4,158,004.00. Following the sale, the executive vice president directly owned 533,466 shares of the company’s stock, valued at approximately $65,082,852. This represents a 6.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 259,703 shares of company stock valued at $31,585,043. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WMT. Rothschild & Co Redburn set a $150.00 target price on Walmart in a report on Tuesday, February 17th. Evercore reiterated an “outperform” rating and issued a $130.00 price objective (up from $125.00) on shares of Walmart in a report on Tuesday, February 3rd. HSBC lowered Walmart from a “buy” rating to a “hold” rating and raised their target price for the stock from $122.00 to $131.00 in a research report on Friday, February 20th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $138.00 price target on shares of Walmart in a report on Friday, February 20th. Finally, Argus raised shares of Walmart to a “strong-buy” rating in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average target price of $134.42.

View Our Latest Report on Walmart

Walmart Price Performance

Shares of NASDAQ WMT opened at $127.10 on Tuesday. The stock has a market cap of $1.01 trillion, a P/E ratio of 46.39, a P/E/G ratio of 5.03 and a beta of 0.66. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $134.69. The stock has a 50 day moving average of $120.73 and a two-hundred day moving average of $110.37. 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 (NASDAQ:WMTGet Free Report) last announced its earnings results on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. The business had revenue of $190.66 billion for the quarter, compared to analysts’ expectations of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 EPS. 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, research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be paid a dividend of $0.2475 per share. The ex-dividend date is Friday, December 11th. This represents a $0.99 annualized dividend and a dividend yield of 0.8%. Walmart’s dividend payout ratio is 34.31%.

More Walmart News

Here are the key news stories impacting Walmart this week:

Walmart Profile

(Free Report)

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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Institutional Ownership by Quarter for Walmart (NASDAQ:WMT)

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