Walmart Inc. $WMT Shares Sold by BTC Capital Management Inc.

BTC Capital Management Inc. lessened its position in shares of Walmart Inc. (NASDAQ:WMT) by 50.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 248,096 shares of the retailer’s stock after selling 254,640 shares during the period. Walmart makes up 1.9% of BTC Capital Management Inc.’s portfolio, making the stock its 12th biggest position. BTC Capital Management Inc.’s holdings in Walmart were worth $27,659,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. LeConte Wealth Management LLC increased its stake in Walmart by 9.7% during the fourth quarter. LeConte Wealth Management LLC now owns 5,411 shares of the retailer’s stock worth $603,000 after acquiring an additional 478 shares during the last quarter. Nikulski Financial Inc. lifted its stake in shares of Walmart by 4.4% in the 4th quarter. Nikulski Financial Inc. now owns 36,266 shares of the retailer’s stock valued at $4,042,000 after purchasing an additional 1,533 shares in the last quarter. MFA Wealth Services lifted its stake in shares of Walmart by 1.6% in the 4th quarter. MFA Wealth Services now owns 10,829 shares of the retailer’s stock valued at $1,206,000 after purchasing an additional 175 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in shares of Walmart by 2.9% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 178,915 shares of the retailer’s stock worth $19,933,000 after purchasing an additional 4,973 shares during the period. Finally, Archford Capital Strategies LLC increased its position in Walmart by 2.2% during the 4th quarter. Archford Capital Strategies LLC now owns 73,990 shares of the retailer’s stock worth $8,243,000 after purchasing an additional 1,585 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other news, EVP Donna Morris sold 76,181 shares of Walmart stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $123.79, for a total transaction of $9,430,445.99. Following the sale, the executive vice president directly owned 402,072 shares of the company’s stock, valued at approximately $49,772,492.88. The trade was a 15.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 value of $1,694,437.50. Following the completion of the transaction, the chief executive officer owned 591,084 shares in the company, valued at approximately $76,308,944.40. This trade represents a 2.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 274,278 shares of company stock worth $33,825,793 over the last three months. Insiders own 0.10% of the company’s stock.

Walmart Stock Up 0.4%

NASDAQ WMT opened at $124.74 on Thursday. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. Walmart Inc. has a fifty-two week low of $79.81 and a fifty-two week high of $134.69. The business has a 50 day moving average price of $124.65 and a two-hundred day moving average price of $114.05. The stock has a market cap of $994.48 billion, a PE ratio of 45.53, a P/E/G ratio of 4.63 and a beta of 0.66.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The company had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. During the same quarter last year, the firm posted $0.66 earnings per share. The business’s quarterly 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 company also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be paid a dividend of $0.2475 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 annualized dividend and a yield of 0.8%. Walmart’s payout ratio is 36.13%.

Wall Street Analyst Weigh In

WMT has been the topic of several research reports. Bank of America started coverage on shares of Walmart in a report on Friday, February 27th. They issued a “buy” rating and a $150.00 price target on the stock. DA Davidson set a $150.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research note on Friday, February 20th. BTIG Research reissued a “buy” rating and issued a $140.00 price objective on shares of Walmart in a research report on Friday, February 20th. HSBC downgraded shares of Walmart from a “buy” rating to a “hold” rating and raised their target price for the company from $122.00 to $131.00 in a research note on Friday, February 20th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $140.00 price target (up from $125.00) on shares of Walmart in a research report on Monday, February 9th. 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $135.76.

About Walmart

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.