Cambient Family Office LLC Boosts Stock Position in Walmart Inc. $WMT

Cambient Family Office LLC raised its position in Walmart Inc. (NASDAQ:WMT) by 151.6% during the first quarter, Holdings Channel.com reports. The firm owned 21,391 shares of the retailer’s stock after buying an additional 12,890 shares during the period. Cambient Family Office LLC’s holdings in Walmart were worth $2,664,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Norges Bank purchased a new position in shares of Walmart during the fourth quarter valued at approximately $6,458,529,000. AQR Capital Management LLC grew its stake in Walmart by 188.1% in the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock worth $1,199,907,000 after acquiring an additional 7,614,172 shares during the period. Geode Capital Management LLC grew its stake in Walmart by 6.8% in the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after acquiring an additional 6,517,394 shares during the period. Capital International Investors acquired a new position in Walmart in the 4th quarter valued at $592,848,000. Finally, Vanguard Group Inc. raised its holdings in Walmart by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after acquiring an additional 4,304,436 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Trading Down 0.9%

Shares of WMT opened at $114.60 on Tuesday. Walmart Inc. has a twelve month low of $94.23 and a twelve month high of $135.15. The firm has a market capitalization of $912.00 billion, a P/E ratio of 40.21, a price-to-earnings-growth ratio of 4.31 and a beta of 0.60. 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’s fifty day simple moving average is $123.54 and its 200 day simple moving average is $122.22.

Walmart (NASDAQ:WMT) last posted 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 firm 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.61 earnings per share. 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 research analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on WMT shares. Raymond James Financial reissued an “outperform” rating and set a $135.00 price target on shares of Walmart in a research note on Friday, March 6th. BTIG Research reiterated a “buy” rating and issued a $145.00 target price on shares of Walmart in a research note on Wednesday, June 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research report on Monday, April 20th. UBS Group set a $141.00 price target on Walmart and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, BMO Capital Markets restated an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Walmart has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Insider Buying and Selling at Walmart

In other news, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the completion of the sale, the director owned 4,174,579 shares in the company, valued at approximately $495,230,306.77. The trade was a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 1,385 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $119.83, for a total transaction of $165,964.55. Following the sale, the executive vice president directly owned 633,784 shares of the company’s stock, valued at approximately $75,946,336.72. This trade represents a 0.22% decrease in their position. 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. In the last ninety days, insiders have sold 100,730 shares of company stock worth $12,444,624. Company insiders own 0.09% of the company’s stock.

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.