CoreCap Advisors LLC Grows Stock Holdings in Walmart Inc. $WMT

CoreCap Advisors LLC grew its stake in Walmart Inc. (NASDAQ:WMTFree Report) by 9.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,771 shares of the retailer’s stock after acquiring an additional 4,088 shares during the period. CoreCap Advisors LLC’s holdings in Walmart were worth $5,322,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Fox Run Management L.L.C. purchased a new stake in Walmart in the third quarter worth about $1,709,000. CWM LLC increased its holdings in Walmart by 24.2% during the third quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock valued at $121,168,000 after buying an additional 229,220 shares during the period. Neuberger Berman Group LLC raised its stake in Walmart by 0.8% in the second quarter. Neuberger Berman Group LLC now owns 5,091,126 shares of the retailer’s stock worth $497,771,000 after buying an additional 42,645 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in Walmart by 16.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 63,782 shares of the retailer’s stock worth $6,567,000 after buying an additional 9,061 shares during the period. Finally, Van ECK Associates Corp boosted its position in Walmart by 2.9% during the 3rd quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock valued at $104,182,000 after acquiring an additional 28,026 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

WMT opened at $122.89 on Friday. Walmart Inc. has a 52-week low of $79.81 and a 52-week high of $134.69. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. The company has a market cap of $979.73 billion, a P/E ratio of 44.85, a price-to-earnings-growth ratio of 4.55 and a beta of 0.66. The firm’s 50-day moving average price is $124.35 and its 200-day moving average price is $113.51.

Walmart (NASDAQ:WMTGet Free Report) last released its earnings results on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. The company had revenue of $190.66 billion during the quarter, compared to analysts’ expectations of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. Walmart’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period last year, the business earned $0.66 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be issued a dividend of $0.2475 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. Walmart’s payout ratio is 36.13%.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

Insider Transactions at Walmart

In related news, EVP Christopher James Nicholas sold 34,082 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $122.00, for a total value of $4,158,004.00. Following the completion of the transaction, the executive vice president owned 533,466 shares in the company, valued at $65,082,852. This trade represents a 6.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $119.17, for a total value of $2,313,804.72. Following the sale, the chief executive officer owned 4,274,856 shares in the company, valued at approximately $509,434,589.52. The trade was a 0.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 274,278 shares of company stock worth $33,825,793 over the last 90 days. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WMT. Raymond James Financial reiterated an “outperform” rating and issued a $135.00 price target on shares of Walmart in a report on Friday, March 6th. Piper Sandler reaffirmed an “overweight” rating on shares of Walmart in a research report on Tuesday, February 24th. Argus upgraded Walmart to a “strong-buy” rating in a research note on Wednesday, February 18th. Barclays reiterated an “overweight” rating and issued a $125.00 target price (up from $108.00) on shares of Walmart in a report on Thursday, January 8th. Finally, Erste Group Bank reissued a “hold” rating on shares of Walmart in a research report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.76.

Check Out Our Latest Stock Analysis on WMT

Walmart Company Profile

(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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