Frank Rimerman Advisors LLC Has $9.52 Million Stake in Walmart Inc. $WMT

Frank Rimerman Advisors LLC increased its position in Walmart Inc. (NASDAQ:WMT) by 6.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,415 shares of the retailer’s stock after purchasing an additional 5,453 shares during the quarter. Walmart makes up 0.6% of Frank Rimerman Advisors LLC’s portfolio, making the stock its 22nd largest holding. Frank Rimerman Advisors LLC’s holdings in Walmart were worth $9,516,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Matrix Trust Co lifted its holdings in shares of Walmart by 20.0% during the 4th quarter. Matrix Trust Co now owns 547 shares of the retailer’s stock worth $61,000 after acquiring an additional 91 shares during the period. Revolve Wealth Partners LLC increased its stake in Walmart by 1.0% in the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock valued at $1,023,000 after acquiring an additional 96 shares during the period. Hemington Wealth Management raised its position in Walmart by 1.8% in the third quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock worth $586,000 after purchasing an additional 99 shares in the last quarter. Boomfish Wealth Group LLC lifted its stake in Walmart by 2.7% during the third quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock worth $381,000 after purchasing an additional 99 shares during the period. Finally, Bailard Inc. boosted its holdings in Walmart by 0.3% during the third quarter. Bailard Inc. now owns 29,445 shares of the retailer’s stock valued at $3,035,000 after purchasing an additional 99 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 20,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $122.27, for a total value of $2,445,400.00. Following the completion of the sale, the executive vice president owned 506,764 shares in the company, valued at approximately $61,962,034.28. This trade represents a 3.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $129.10, for a total transaction of $1,694,437.50. Following the completion of the transaction, the chief executive officer directly owned 591,084 shares of the company’s stock, valued at approximately $76,308,944.40. This represents a 2.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 274,278 shares of company stock valued at $33,825,793 over the last three months. Company insiders own 0.10% of the company’s stock.

Walmart Stock Up 0.4%

Shares of WMT opened at $124.74 on Thursday. The company has a market capitalization of $994.48 billion, a P/E ratio of 45.53, a PEG ratio of 4.63 and a beta of 0.66. Walmart Inc. has a one year low of $79.81 and a one year high of $134.69. The business’s 50 day simple moving average is $124.65 and its 200-day simple moving average is $114.05. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm had revenue of $190.66 billion during the quarter, compared to analysts’ expectations of $188.37 billion. During the same period last year, the firm posted $0.66 EPS. The business’s revenue was up 5.6% on a year-over-year basis. 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, sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on WMT shares. Truist Financial increased their target price on Walmart from $127.00 to $139.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Oppenheimer reaffirmed an “outperform” rating and issued a $140.00 price target (up from $125.00) on shares of Walmart in a research note on Monday, February 9th. Evercore reiterated an “outperform” rating and issued a $130.00 price target (up from $125.00) on shares of Walmart in a research report on Tuesday, February 3rd. Mizuho increased their price objective on Walmart from $125.00 to $137.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Finally, Argus raised Walmart to a “strong-buy” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $135.76.

Walmart 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.