Asset One Wealth Management LLC Makes New $3.75 Million Investment in Walmart Inc. $WMT

Asset One Wealth Management LLC purchased a new position in shares of Walmart Inc. (NASDAQ:WMTFree Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 33,644 shares of the retailer’s stock, valued at approximately $3,748,000.

Several other hedge funds also recently made changes to their positions in WMT. Brighton Jones LLC increased its stake in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares during the period. Peterson Wealth Management increased its stake in shares of Walmart by 3.5% in the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after buying an additional 1,715 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Walmart by 0.9% in the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after buying an additional 116 shares during the period. Finally, Schnieders Capital Management LLC. increased its stake in shares of Walmart by 1.2% in the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after buying an additional 1,048 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Daniel J. Bartlett sold 1,385 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $119.83, for a total transaction of $165,964.55. Following the sale, the executive vice president owned 633,784 shares in the company, valued at approximately $75,946,336.72. The trade was a 0.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the sale, the executive vice president owned 120,203 shares in the company, valued at approximately $14,300,550.91. This trade represents a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 117,246 shares of company stock valued at $14,493,147 over the last quarter. 0.09% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WMT. Craig Hallum set a $150.00 target price on shares of Walmart in a research note on Friday, March 6th. BTIG Research reaffirmed a “buy” rating and issued a $145.00 target price on shares of Walmart in a research note on Wednesday, June 3rd. KeyCorp reaffirmed an “overweight” rating on shares of Walmart in a research note on Friday, May 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $138.00 target price on shares of Walmart in a research note on Friday, February 20th. Finally, Argus raised shares of Walmart to a “strong-buy” rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Read Our Latest Analysis on Walmart

Walmart Stock Performance

NASDAQ:WMT opened at $118.13 on Thursday. The stock has a market cap of $940.09 billion, a P/E ratio of 41.45, a price-to-earnings-growth ratio of 4.52 and a beta of 0.59. The firm’s fifty day simple moving average is $124.92 and its 200 day simple moving average is $122.03. Walmart Inc. has a twelve month low of $94.09 and a twelve month high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMTGet Free Report) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. The business had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, research analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

About Walmart

(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.

Further Reading

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Institutional Ownership by Quarter for Walmart (NASDAQ:WMT)

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