Corient Private Wealth LLC Has $237.31 Million Holdings in Walmart Inc. $WMT

Corient Private Wealth LLC lifted its holdings in Walmart Inc. (NASDAQ:WMT) by 11.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,128,972 shares of the retailer’s stock after purchasing an additional 216,172 shares during the period. Corient Private Wealth LLC’s holdings in Walmart were worth $237,315,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Entrust Financial LLC bought a new stake in Walmart during the fourth quarter worth about $27,000. Beacon Financial Strategies CORP acquired a new stake in shares of Walmart in the 4th quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC boosted its holdings in shares of Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after buying an additional 105 shares during the last quarter. Clayton Financial Group LLC grew its stake in shares of Walmart by 193.0% in the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after buying an additional 193 shares in the last quarter. Finally, Sankala Group LLC acquired a new position in Walmart during the fourth quarter worth $33,000. Institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $124.84, for a total transaction of $1,638,525.00. Following the transaction, the chief executive officer directly owned 674,162 shares of the company’s stock, valued at approximately $84,162,384.08. This trade represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of Walmart 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 completion of the sale, the executive vice president owned 120,203 shares of the company’s stock, valued at $14,300,550.91. This trade represents a 8.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 117,246 shares of company stock valued at $14,493,147 in the last three months. Insiders own 0.09% of the company’s stock.

Walmart Price Performance

Walmart stock opened at $117.18 on Friday. The company has a market capitalization of $932.53 billion, a price-to-earnings ratio of 41.12, a PEG ratio of 4.37 and a beta of 0.59. 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 Inc. has a 12 month low of $94.23 and a 12 month high of $135.15. The stock’s 50 day moving average is $124.61 and its 200-day moving average is $122.04.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. The business had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period 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. Equities research analysts expect that Walmart Inc. will post 2.89 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $137.00 price target (down from $140.00) on shares of Walmart in a research note on Friday, May 22nd. Morgan Stanley upped their target price on shares of Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. BTIG Research reiterated a “buy” rating and set a $145.00 price target on shares of Walmart in a report on Wednesday, June 3rd. Freedom Capital upgraded Walmart from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Finally, UBS Group set a $141.00 target price on Walmart and gave the stock a “buy” rating in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart has an average rating of “Moderate Buy” and an average price target of $138.85.

Walmart 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.