22,850 Shares in Walmart Inc. $WMT Purchased by SWP Investment Management LLC

SWP Investment Management LLC bought a new stake in Walmart Inc. (NASDAQ:WMT) during the second quarter, HoldingsChannel reports. The institutional investor bought 22,850 shares of the retailer’s stock, valued at approximately $2,588,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Entrust Financial LLC purchased a new stake in Walmart in the fourth quarter worth $27,000. Merkkuri Wealth Advisors LLC purchased a new position in shares of Walmart during the 1st quarter valued at $29,000. Bay Harbor Wealth Management LLC lifted its position in shares of Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after buying an additional 105 shares during the last quarter. Clayton Financial Group LLC grew its stake in shares of Walmart by 193.0% during the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after acquiring an additional 193 shares during the period. Finally, Sankala Group LLC bought a new position in shares of Walmart during the 4th quarter worth $33,000. 26.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on WMT shares. TD Cowen reissued a “buy” rating and issued a $150.00 price target (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. Piper Sandler reaffirmed an “overweight” rating on shares of Walmart in a report on Monday, June 8th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $137.00 price objective on shares of Walmart in a research note on Wednesday, July 22nd. Guggenheim boosted their target price on shares of Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a report on Monday, April 13th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Walmart in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $138.56.

Walmart Trading Down 0.4%

Shares of Walmart stock opened at $110.71 on Tuesday. Walmart Inc. has a 1 year low of $95.42 and a 1 year high of $135.15. The firm has a market cap of $881.04 billion, a PE ratio of 38.85, a PEG ratio of 4.15 and a beta of 0.61. 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 company has a 50 day simple moving average of $114.98 and a two-hundred day simple moving average of $121.89.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. During the same period in the prior year, the business earned $0.61 EPS. The company’s revenue for the quarter 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 expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, EVP Daniel J. Bartlett sold 3,775 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total value of $413,891.00. Following the completion of the sale, the executive vice president owned 630,009 shares in the company, valued at approximately $69,074,186.76. This trade represents a 0.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $124.08, for a total value of $1,628,550.00. Following the completion of the sale, the chief executive officer directly owned 661,037 shares of the company’s stock, valued at $82,021,470.96. The trade was a 1.95% decrease in their position. 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 ninety days, insiders sold 67,729 shares of company stock worth $8,124,931. 0.09% of the stock is currently owned by corporate insiders.

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.