Venture Visionary Partners LLC Has $24.97 Million Position in Walmart Inc. $WMT

Venture Visionary Partners LLC increased its position in shares of Walmart Inc. (NASDAQ:WMT) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 223,221 shares of the retailer’s stock after buying an additional 7,447 shares during the quarter. Walmart accounts for about 0.8% of Venture Visionary Partners LLC’s portfolio, making the stock its 24th biggest holding. Venture Visionary Partners LLC’s holdings in Walmart were worth $24,972,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of WMT. Norges Bank bought a new position in shares of Walmart during the fourth quarter worth about $6,458,529,000. AQR Capital Management LLC grew its holdings in shares of Walmart by 188.1% during the third 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 shares of Walmart by 6.8% during the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after buying an additional 6,517,394 shares in the last quarter. Capital International Investors bought a new position in shares of Walmart during the fourth quarter worth about $592,848,000. Finally, Vanguard Group Inc. grew its holdings in shares of Walmart by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after buying an additional 4,304,436 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Down 0.2%

WMT stock opened at $120.82 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The business has a 50 day moving average price of $125.18 and a two-hundred day moving average price of $121.88. The company has a market cap of $961.50 billion, a price-to-earnings ratio of 42.39, a P/E/G ratio of 4.52 and a beta of 0.60. Walmart Inc. has a twelve month low of $93.62 and a twelve month high of $135.15.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting 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 the consensus estimate of $174.84 billion. During the same period last year, the company earned $0.61 earnings per share. The business’s revenue 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 anticipate that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insider Activity at Walmart

In other news, CEO John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $121.96, for a total transaction of $1,600,725.00. Following the completion of the transaction, the chief executive officer directly owned 687,287 shares in the company, valued at approximately $83,821,522.52. The trade was a 1.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $123.92, for a total value of $359,368.00. Following the transaction, the executive vice president owned 577,853 shares of the company’s stock, valued at $71,607,543.76. This represents a 0.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 128,986 shares of company stock worth $15,927,908 in the last three months. 0.09% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. BMO Capital Markets reiterated an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. Evercore reissued an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. UBS Group set a $141.00 price target on Walmart and gave the company a “buy” rating in a research note on Friday, May 22nd. Craig Hallum set a $150.00 price target on Walmart in a research note on Friday, March 6th. Finally, Erste Group Bank downgraded Walmart from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $138.85.

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.