COFG Advisors LLC Acquires Shares of 8,056 Walmart Inc. $WMT

COFG Advisors LLC acquired a new stake in shares of Walmart Inc. (NASDAQ:WMT) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 8,056 shares of the retailer’s stock, valued at approximately $898,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Norges Bank purchased a new position in shares of Walmart during the 4th quarter valued at approximately $6,458,529,000. AQR Capital Management LLC increased its holdings in shares of Walmart by 188.1% during the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after purchasing an additional 7,614,172 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Walmart by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after purchasing an additional 6,517,394 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after purchasing an additional 4,304,436 shares in the last quarter. Finally, Amundi increased its holdings in shares of Walmart by 20.5% during the 3rd quarter. Amundi now owns 23,497,921 shares of the retailer’s stock valued at $2,413,236,000 after purchasing an additional 4,004,277 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Down 1.0%

Shares of WMT opened at $114.60 on Tuesday. Walmart Inc. has a 52-week low of $93.43 and a 52-week high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The firm’s fifty day moving average is $125.98 and its two-hundred day moving average is $120.81. The stock has a market cap of $913.48 billion, a PE ratio of 40.21, a price-to-earnings-growth ratio of 4.32 and a beta of 0.60.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. The company had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.61 EPS. 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 earnings per share for the current fiscal year.

Analyst Ratings Changes

WMT has been the subject of several recent research reports. Raymond James Financial reaffirmed an “outperform” rating and set a $135.00 target price on shares of Walmart in a report on Friday, March 6th. Deutsche Bank Aktiengesellschaft set a $120.00 target price on shares of Walmart in a report on Friday, February 20th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. BNP Paribas Exane cut their target price on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a report on Friday, May 22nd. Finally, TD Cowen reissued a “buy” rating and issued a $150.00 price target (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.85.

Walmart News Roundup

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

Insider Transactions at Walmart

In related news, EVP Christopher James Nicholas sold 2,900 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the sale, the executive vice president directly owned 577,853 shares in the company, valued at approximately $71,607,543.76. The trade was a 0.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the sale, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. This trade represents a 8.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 117,008 shares of company stock worth $14,492,704 in the last 90 days. Insiders own 0.09% of the company’s stock.

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.