Savvy Advisors Inc. Grows Position in Walmart Inc. $WMT

Savvy Advisors Inc. boosted its position in shares of Walmart Inc. (NASDAQ:WMTFree Report) by 37.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 84,672 shares of the retailer’s stock after acquiring an additional 23,234 shares during the quarter. Savvy Advisors Inc.’s holdings in Walmart were worth $9,433,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fox Run Management L.L.C. bought a new position in Walmart in the 3rd quarter valued at $1,709,000. CWM LLC increased its stake in Walmart by 24.2% in the third quarter. CWM LLC now owns 1,175,703 shares of the retailer’s stock worth $121,168,000 after purchasing an additional 229,220 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of 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 purchasing an additional 9,061 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Walmart by 2.9% during the third quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock worth $104,182,000 after purchasing an additional 28,026 shares during the last quarter. Finally, World Investment Advisors boosted its stake in shares of Walmart by 5.2% during the third quarter. World Investment Advisors now owns 293,866 shares of the retailer’s stock valued at $30,286,000 after purchasing an additional 14,487 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Walmart

Here are the key news stories impacting Walmart this week:

Insider Activity at Walmart

In related news, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were 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 of the company’s stock, valued at $76,308,944.40. The trade was a 2.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the company’s stock in a transaction on Thursday, January 22nd. The stock was 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 of the company’s stock, valued at approximately $509,434,589.52. This represents a 0.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 274,278 shares of company stock valued at $33,825,793 over the last quarter. 0.10% of the stock is owned by insiders.

Walmart Stock Performance

WMT stock opened at $125.79 on Monday. Walmart Inc. has a 1-year low of $79.81 and a 1-year high of $134.69. The business has a 50-day moving average price of $124.97 and a 200 day moving average price of $114.43. The company has a market capitalization of $1.00 trillion, a P/E ratio of 45.91, a PEG ratio of 4.69 and a beta of 0.66. 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:WMTGet Free Report) last issued its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. The company had revenue of $190.66 billion for 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%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior 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 research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be paid a dividend of $0.2475 per share. 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 currently 36.13%.

Analyst Ratings Changes

WMT has been the topic of a number of research analyst reports. Barclays restated an “overweight” rating and issued a $125.00 price target (up from $108.00) on shares of Walmart in a report on Thursday, January 8th. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a research report on Wednesday, January 14th. Piper Sandler restated an “overweight” rating on shares of Walmart in a research note on Tuesday, February 24th. UBS Group reaffirmed a “buy” rating and set a $147.00 target price (up from $135.00) on shares of Walmart in a research report on Friday, February 20th. Finally, Wall Street Zen downgraded shares of Walmart from a “buy” rating to a “hold” rating in a research note on Sunday, January 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Walmart has an average rating of “Moderate Buy” and an average price target of $135.76.

Read Our Latest Report on WMT

Walmart 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.

See Also

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NASDAQ:WMTFree Report).

Institutional Ownership by Quarter for Walmart (NASDAQ:WMT)

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