&PARTNERS increased its stake in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 15.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,350,705 shares of the retailer’s stock after buying an additional 182,851 shares during the quarter. Walmart comprises approximately 0.8% of &PARTNERS’s holdings, making the stock its 19th largest position. &PARTNERS’s holdings in Walmart were worth $150,408,000 at the end of the most recent reporting period.
Other institutional investors have 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 about $1,709,000. Vise Technologies Inc. raised its stake in shares of Walmart by 42.1% in the 4th quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock worth $30,676,000 after buying an additional 81,635 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Walmart by 2.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock worth $104,182,000 after buying an additional 28,026 shares in the last quarter. Life Cycle Investment Partners Ltd bought a new stake in shares of Walmart in the 4th quarter worth $40,855,000. Finally, Tennessee Valley Asset Management Partners raised its stake in shares of Walmart by 466.6% in the 3rd quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer’s stock worth $1,375,000 after buying an additional 10,988 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.
Walmart Trading Up 0.2%
Shares of NASDAQ:WMT opened at $121.03 on Wednesday. The company has a 50 day moving average price of $125.09 and a 200 day moving average price of $121.96. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The stock has a market capitalization of $963.17 billion, a price-to-earnings ratio of 42.47, a PEG ratio of 4.51 and a beta of 0.59. Walmart Inc. has a 1-year low of $93.62 and a 1-year high of $135.15.
Wall Street Analyst Weigh In
WMT has been the topic of a number of research reports. Jefferies Financial Group set a $145.00 price objective on Walmart in a research note on Friday, February 20th. Wolfe Research reissued an “outperform” rating and issued a $137.00 price objective (up from $135.00) on shares of Walmart in a research note on Monday, May 11th. Truist Financial set a $140.00 price objective on Walmart in a research note on Thursday, May 21st. Royal Bank Of Canada reissued an “outperform” rating and issued a $137.00 price objective (down from $140.00) on shares of Walmart in a research note on Friday, May 22nd. Finally, DA Davidson set a $150.00 target price on shares of Walmart and gave the stock a “buy” rating in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $138.85.
Read Our Latest Analysis on Walmart
Insider Activity
In related news, CEO John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $124.08, for a total value of $1,628,550.00. Following the completion of the sale, the chief executive officer owned 661,037 shares in the company, valued at approximately $82,021,470.96. This represents a 1.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total transaction of $359,368.00. Following the completion of the sale, the executive vice president owned 577,853 shares of the company’s stock, valued at approximately $71,607,543.76. This trade represents a 0.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 128,986 shares of company stock worth $15,927,908. 0.09% of the stock is owned by company insiders.
Walmart News Roundup
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Walmart’s advertising business is reportedly surging as marketplace activity, seller spending, and digital engagement boost retail media revenue, reinforcing a fast-growing higher-margin profit stream. Walmart’s Advertising Revenues Soar: Is Retail Media Paying Off?
- Positive Sentiment: New delivery options, including Subway meals through Walmart delivery, suggest the company is continuing to expand convenience offerings and deepen customer engagement. Walmart Inc (WMT) Adds Subway Meals Delivery. Get the Bigger Picture
- Positive Sentiment: Walmart was highlighted among the best S&P 500 stocks to buy now according to analysts, signaling continued confidence in its defensive business model and growth profile. Walmart (WMT) – Among the 14 Best S&P 500 Stocks to Buy Now According to Analysts
- Positive Sentiment: Quarterly earnings season coverage showed Walmart outperforming many large-format grocery and general merchandise peers, reinforcing relative strength versus competitors. Q1 Earnings Outperformers: Walmart (NASDAQ:WMT) And The Rest of the Large-format Grocery & General Merchandise Retailer Stocks
- Neutral Sentiment: Several articles debated whether Walmart’s recent rally is fully justified and whether the stock’s party is over, but these pieces were more commentary than a direct business catalyst. Walmart (WMT) Stock After Recent Retail Sentiment Shifts Is The Rally Justified
- Neutral Sentiment: One executive stock sale and a price-prediction style article could create some headline noise, but they do not appear to materially change the company’s operating outlook. Walmart (NASDAQ:WMT) EVP Sells $1,435,203.96 in Stock
- Negative Sentiment: One article argued another e-commerce and fintech company may be a better buy than Walmart, which could slightly temper enthusiasm at the margin, though it does not alter Walmart’s fundamentals. Forget Walmart: This E-Commerce and Fintech Giant Is Growing 40% YoY and Is a Better Buy
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.
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