Walmart Inc. $WMT Shares Purchased by Davis R M Inc.

Davis R M Inc. lifted its stake in Walmart Inc. (NASDAQ:WMT) by 31.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,003 shares of the retailer’s stock after purchasing an additional 5,269 shares during the quarter. Davis R M Inc.’s holdings in Walmart were worth $2,738,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Ascension Capital Advisors Inc. acquired a new position in shares of Walmart in the 1st quarter valued at $556,000. Cetera Investment Advisers raised its stake in Walmart by 1.0% in the 1st quarter. Cetera Investment Advisers now owns 2,815,570 shares of the retailer’s stock worth $349,919,000 after acquiring an additional 27,853 shares during the last quarter. GSG Advisors LLC lifted its position in Walmart by 5.0% during the 1st quarter. GSG Advisors LLC now owns 5,438 shares of the retailer’s stock worth $676,000 after acquiring an additional 257 shares during the period. Alpha Family Trust lifted its position in Walmart by 191.3% during the 1st quarter. Alpha Family Trust now owns 27,615 shares of the retailer’s stock worth $3,432,000 after acquiring an additional 18,135 shares during the period. Finally, Lavaca Capital LLC grew its stake in Walmart by 10.9% during the 1st quarter. Lavaca Capital LLC now owns 19,936 shares of the retailer’s stock valued at $2,478,000 after purchasing an additional 1,961 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Tigress Financial reissued a “buy” rating and issued a $155.00 price objective (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Guggenheim upped their target price on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a report on Monday, June 8th. Wolfe Research reiterated an “outperform” rating and issued a $137.00 price target (up from $135.00) on shares of Walmart in a report on Monday, May 11th. Finally, KeyCorp restated an “overweight” rating on shares of Walmart in a research note on Friday, May 22nd. One research 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 stock. Based on data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: RBC reaffirmed an outperform rating on Walmart and set a $137 price target, signaling meaningful upside from current levels and helping support sentiment. Benzinga report on RBC rating reaffirmation
• Positive Sentiment: Walmart is being described as a solid growth stock, with articles citing above-average financial growth and positioning that could help it outperform the market. Zacks growth stock article
• Positive Sentiment: Walmart partnered with ReturnPro to refurbish and resell returned items, a move that could improve e-commerce margins, recover value from returns, and reduce waste. Yahoo Finance ReturnPro partnership article

Insiders Place Their Bets

In related news, EVP Latriece Watkins sold 11,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the transaction, the executive vice president directly owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. This trade represents a 8.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the sale, the executive vice president owned 125,067 shares in the company, valued at approximately $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 67,729 shares of company stock valued at $8,124,931. 0.09% of the stock is owned by company insiders.

Walmart Trading Down 1.0%

Shares of NASDAQ:WMT opened at $109.33 on Thursday. Walmart Inc. has a 1 year low of $95.29 and a 1 year high of $135.15. The firm has a market capitalization of $870.06 billion, a price-to-earnings ratio of 38.36, a price-to-earnings-growth ratio of 4.12 and a beta of 0.60. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The business’s 50 day moving average price is $117.67 and its 200-day moving average price is $122.09.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. The company had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities research analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Walmart 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.