4,386 Shares in Walmart Inc. $WMT Purchased by Fund Advisors of America Inc FL

Fund Advisors of America Inc FL bought a new stake in Walmart Inc. (NASDAQ:WMT) during the 4th quarter, Holdings Channel reports. The firm bought 4,386 shares of the retailer’s stock, valued at approximately $489,000.

Several other hedge funds have also made changes to their positions in the company. Entrust Financial LLC purchased a new stake in shares of Walmart during the 4th quarter valued at approximately $27,000. Beacon Financial Strategies CORP purchased a new position in Walmart in the fourth quarter worth approximately $30,000. Bay Harbor Wealth Management LLC increased its stake in Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after acquiring an additional 105 shares during the last quarter. Clayton Financial Group LLC increased its stake in Walmart by 193.0% during the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after acquiring an additional 193 shares during the last quarter. Finally, Sankala Group LLC purchased a new stake in Walmart in the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Raymond James Financial reaffirmed an “outperform” rating and issued a $135.00 price target on shares of Walmart in a research note on Friday, March 6th. Piper Sandler reissued an “overweight” rating on shares of Walmart in a research report on Monday, June 8th. Bank of America began coverage on shares of Walmart in a report on Friday, February 27th. They issued a “buy” rating and a $150.00 price objective on the stock. Tigress Financial reaffirmed a “buy” rating and set a $155.00 target price (up from $150.00) on shares of Walmart in a research note on Friday, May 29th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walmart in a research note on Monday, June 8th. One equities research 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 stock. According to data from MarketBeat, Walmart has an average rating of “Moderate Buy” and an average price target of $138.85.

Walmart Stock Performance

WMT opened at $117.18 on Monday. Walmart Inc. has a 52 week low of $94.23 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 business has a fifty day simple moving average of $124.61 and a 200-day simple moving average of $122.11. The firm has a market cap of $932.53 billion, a P/E ratio of 41.12, a P/E/G ratio of 4.37 and a beta of 0.60.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the previous year, the business earned $0.61 EPS. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities analysts expect that Walmart Inc. will post 2.89 earnings per share for the current year.

Insider Activity at Walmart

In related news, EVP Latriece Watkins sold 11,000 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the transaction, the executive vice president owned 120,203 shares in the company, valued at approximately $14,300,550.91. The trade was a 8.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP David W. Guggina sold 11,978 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the sale, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 117,246 shares of company stock valued at $14,493,147. 0.09% of the stock is owned by company insiders.

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.