First Heartland Consultants Inc. Purchases 6,007 Shares of Walmart Inc. $WMT

First Heartland Consultants Inc. grew its position in Walmart Inc. (NASDAQ:WMT) by 14.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,825 shares of the retailer’s stock after acquiring an additional 6,007 shares during the period. First Heartland Consultants Inc.’s holdings in Walmart were worth $5,303,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of WMT. Norges Bank acquired a new position in Walmart in the fourth quarter worth $6,458,529,000. AQR Capital Management LLC lifted its position in Walmart by 188.1% during the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after buying an additional 7,614,172 shares in the last quarter. Geode Capital Management LLC grew its holdings in Walmart by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after acquiring an additional 6,517,394 shares during the last quarter. Capital International Investors acquired a new stake in Walmart in the 4th quarter valued at about $592,848,000. Finally, Vanguard Group Inc. raised its stake in shares of Walmart by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after acquiring an additional 4,304,436 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $137.00 price target on shares of Walmart in a research note on Wednesday, July 22nd. Mizuho set a $130.00 price objective on Walmart in a report on Monday, July 27th. Tigress Financial reiterated a “buy” rating and issued a $155.00 price objective (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. Guggenheim lifted their target price on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Finally, Truist Financial set a $140.00 price target on Walmart in a research note on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $138.56.

Walmart Trading Down 0.2%

Shares of NASDAQ WMT opened at $111.85 on Friday. Walmart Inc. has a fifty-two week low of $95.42 and a fifty-two week high of $135.15. The firm has a market capitalization of $890.11 billion, a P/E ratio of 39.25, a P/E/G ratio of 4.18 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’s 50 day simple moving average is $114.50 and its 200 day simple moving average is $121.66.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting analysts’ consensus estimates of $0.66. The firm 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 business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business 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, analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

Insider Buying and Selling at Walmart

In related news, EVP Christopher James Nicholas sold 2,900 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $118.19, for a total value of $342,751.00. Following the completion of the sale, the executive vice president owned 574,953 shares in the company, valued at approximately $67,953,695.07. This represents a 0.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the 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 completion of the transaction, the executive vice president directly owned 120,203 shares in the company, valued at $14,300,550.91. The trade was a 8.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 71,439 shares of company stock valued at $8,544,532 over the last quarter. 0.09% of the stock is owned by corporate insiders.

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.