Rockefeller Capital Management L.P. Acquires 65,642 Shares of Walmart Inc. $WMT

Rockefeller Capital Management L.P. lifted its holdings in Walmart Inc. (NASDAQ:WMT) by 4.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,677,844 shares of the retailer’s stock after buying an additional 65,642 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Walmart were worth $186,929,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares during the period. Peterson Wealth Management raised its stake in shares of Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after acquiring an additional 1,715 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after acquiring an additional 116 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in shares of Walmart by 1.2% in the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after purchasing an additional 1,048 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ WMT opened at $117.18 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $932.53 billion, a PE ratio of 41.12, a price-to-earnings-growth ratio of 4.37 and a beta of 0.60. The stock’s fifty day simple moving average is $124.61 and its two-hundred day simple moving average is $122.11. Walmart Inc. has a 12-month low of $94.23 and a 12-month high of $135.15.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.66. The business had revenue of $177.75 billion for 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 business’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business 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. As a group, analysts expect that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insider Buying and Selling

In other Walmart news, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction dated 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 directly 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 can be accessed through the SEC website. Also, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $123.92, for a total transaction of $359,368.00. Following the sale, the executive vice president directly owned 577,853 shares of the company’s stock, valued at approximately $71,607,543.76. The trade was a 0.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 117,246 shares of company stock valued at $14,493,147 over the last three months. Corporate insiders own 0.09% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the topic of several research analyst reports. BTIG Research reissued a “buy” rating and issued a $145.00 price objective on shares of Walmart in a research note on Wednesday, June 3rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $137.00 target price (down from $140.00) on shares of Walmart in a report on Friday, May 22nd. BNP Paribas Exane dropped their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a research report on Friday, May 22nd. Morgan Stanley raised 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. Finally, Wolfe Research reaffirmed 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. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $138.85.

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.