Robeco Institutional Asset Management B.V. Has $360.21 Million Stock Holdings in Walmart Inc. (NYSE:WMT)

Robeco Institutional Asset Management B.V. increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 14.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,103,126 shares of the retailer’s stock after buying an additional 518,960 shares during the period. Walmart comprises approximately 0.7% of Robeco Institutional Asset Management B.V.’s portfolio, making the stock its 28th largest position. Robeco Institutional Asset Management B.V. owned 0.05% of Walmart worth $360,213,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Whelan Financial boosted its position in Walmart by 2.3% during the 4th quarter. Whelan Financial now owns 4,339 shares of the retailer’s stock worth $392,000 after buying an additional 97 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Walmart by 1.7% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer’s stock worth $538,000 after purchasing an additional 98 shares during the period. Van Strum & Towne Inc. lifted its position in shares of Walmart by 1.6% in the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer’s stock worth $619,000 after purchasing an additional 108 shares during the period. Planning Center Inc. lifted its position in shares of Walmart by 1.8% in the 1st quarter. Planning Center Inc. now owns 6,018 shares of the retailer’s stock worth $528,000 after purchasing an additional 108 shares during the period. Finally, Mainstream Capital Management LLC lifted its position in shares of Walmart by 1.1% in the 4th quarter. Mainstream Capital Management LLC now owns 10,871 shares of the retailer’s stock worth $982,000 after purchasing an additional 113 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, April 24th. The shares were sold at an average price of $94.19, for a total value of $2,743,189.56. Following the completion of the sale, the chief executive officer now owns 4,480,347 shares in the company, valued at $422,003,883.93. This represents a 0.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Friday, June 20th. The stock was sold at an average price of $95.24, for a total transaction of $380,960.00. Following the completion of the sale, the executive vice president now owns 1,060,455 shares of the company’s stock, valued at approximately $100,997,734.20. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 123,295 shares of company stock worth $11,801,762 in the last quarter. 45.58% of the stock is currently owned by corporate insiders.

Walmart Stock Performance

Shares of WMT stock opened at $97.24 on Thursday. The firm has a market capitalization of $776.02 billion, a PE ratio of 41.56, a price-to-earnings-growth ratio of 4.78 and a beta of 0.69. The firm has a fifty day simple moving average of $96.65 and a two-hundred day simple moving average of $94.20. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. Walmart Inc. has a 12 month low of $66.67 and a 12 month high of $105.30.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The firm had revenue of $165.61 billion during the quarter, compared to analyst estimates of $164.53 billion. During the same quarter in the prior year, the business posted $0.60 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were paid a $0.235 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart’s payout ratio is 40.17%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. DA Davidson restated a “buy” rating and issued a $117.00 price target on shares of Walmart in a research report on Friday, May 16th. Oppenheimer boosted their price target on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 7th. Mizuho boosted their price target on shares of Walmart from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday, June 9th. Erste Group Bank downgraded shares of Walmart from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 17th. Finally, Wall Street Zen upgraded shares of Walmart from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. Two analysts have rated the stock with a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $106.50.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.