Allen Investment Management LLC Acquires 12,811 Shares of Walmart Inc. $WMT

Allen Investment Management LLC raised its stake in shares of Walmart Inc. (NASDAQ:WMT) by 7.8% during the fourth quarter, Holdings Channel reports. The firm owned 176,275 shares of the retailer’s stock after buying an additional 12,811 shares during the period. Allen Investment Management LLC’s holdings in Walmart were worth $19,641,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of WMT. AXQ Capital LP acquired a new stake in shares of Walmart during the 4th quarter worth approximately $518,000. Fielder Capital Group LLC grew its stake in shares of Walmart by 77.3% during the fourth quarter. Fielder Capital Group LLC now owns 7,877 shares of the retailer’s stock worth $878,000 after purchasing an additional 3,434 shares during the period. Vantus Wealth LLC acquired a new stake in shares of Walmart during the fourth quarter worth $1,087,000. Spinnaker Trust increased its holdings in Walmart by 1.4% in the fourth quarter. Spinnaker Trust now owns 76,259 shares of the retailer’s stock valued at $8,496,000 after purchasing an additional 1,024 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp increased its holdings in Walmart by 156.3% in the fourth quarter. KERR FINANCIAL PLANNING Corp now owns 328 shares of the retailer’s stock valued at $37,000 after purchasing an additional 200 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In other Walmart news, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $124.08, for a total transaction of $1,628,550.00. Following the transaction, the chief executive officer owned 661,037 shares of the company’s stock, valued at $82,021,470.96. The trade was a 1.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the sale, the executive vice president owned 120,203 shares in the company, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 117,008 shares of company stock valued at $14,492,704 in the last ninety days. Insiders own 0.09% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the subject of a number of recent analyst reports. Morgan Stanley upped their price target on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Roth Mkm reissued a “buy” rating and set a $138.00 price objective on shares of Walmart in a research note on Friday, February 20th. Rothschild & Co Redburn set a $150.00 price objective on shares of Walmart in a report on Tuesday, February 17th. Jefferies Financial Group set a $145.00 target price on shares of Walmart in a research note on Friday, February 20th. Finally, Mizuho increased their target price on shares of Walmart from $125.00 to $137.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $138.85.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart said its drones have now completed more than 1 million deliveries, highlighting momentum in its fast-growing delivery network and reinforcing its push to improve convenience and speed for shoppers. Walmart Marks Millionth Drone Drop-Off Amid Increased Delivery Focus
• Positive Sentiment: Walmart expanded 30-minute delivery to 33 U.S. markets, strengthening its competitive position in grocery, pharmacy, and everyday essentials as e-commerce demand continues to rise. Walmart’s 30-Minute Delivery Expansion Strengthens Its Retail Edge
• Positive Sentiment: Tigress Financial reportedly raised its price target on Walmart, citing AI investments gaining traction, which suggests some analysts still see upside from the company’s technology and automation efforts. Walmart (WMT) Gets Higher Price Target from Tigress Financial as AI Investments Gain Traction
• Neutral Sentiment: Walmart is expanding its private-brand selection with new hardware and home products, a move that could help it win value-conscious shoppers, but the near-term stock impact is likely modest. Walmart Expands Private Brand Selection as Shoppers Cut Back
• Neutral Sentiment: Recent insider stock sales by executives, including C. Douglas McMillon and Latriece Watkins, may draw attention, but these transactions are not necessarily a negative signal for the business itself. C Douglas Mcmillon Sells 19,416 Shares of Walmart (NASDAQ:WMT) Stock Latriece Watkins Sells 11,000 Shares of Walmart (NASDAQ:WMT) Stock
• Negative Sentiment: A report that Walmart capped employee AI usage could be seen as a short-term operational constraint, potentially limiting efficiency gains from an area investors view as a future growth driver. Update: Market Chatter: Walmart Limits Staff’s Usage of AI Tool After High Demand

Walmart Stock Performance

Shares of WMT opened at $114.60 on Tuesday. The stock has a market capitalization of $913.48 billion, a price-to-earnings ratio of 40.21, a PEG ratio of 4.32 and a beta of 0.60. Walmart Inc. has a 12 month low of $93.43 and a 12 month high of $135.15. The firm has a fifty day simple moving average of $125.98 and a 200 day simple moving average of $120.81. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. During the same period in the previous year, the firm posted $0.61 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Research analysts forecast that Walmart Inc. will post 2.89 EPS for the current fiscal year.

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.