Walmart Inc. $WMT Shares Purchased by Audent Global Asset Management LLC

Audent Global Asset Management LLC grew its stake in shares of Walmart Inc. (NASDAQ:WMT) by 8,189.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 725,981 shares of the retailer’s stock after acquiring an additional 717,223 shares during the quarter. Walmart comprises about 34.2% of Audent Global Asset Management LLC’s investment portfolio, making the stock its biggest position. Audent Global Asset Management LLC’s holdings in Walmart were worth $80,882,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Entrust Financial LLC acquired a new position in Walmart in the fourth quarter valued at about $27,000. Beacon Financial Strategies CORP acquired a new stake in Walmart during the fourth quarter worth about $30,000. Bay Harbor Wealth Management LLC grew 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 buying an additional 105 shares in the last quarter. Clayton Financial Group LLC increased its holdings in Walmart by 193.0% in the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after buying an additional 193 shares during the period. Finally, Sankala Group LLC bought a new position in Walmart in the 4th quarter valued at about $33,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WMT has been the subject of several analyst reports. KeyCorp reaffirmed an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. 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. 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. BNP Paribas Exane cut their target price on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Finally, Bank of America started coverage on Walmart in a research note on Friday, February 27th. They set a “buy” rating and a $150.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Walmart Stock Performance

NASDAQ WMT opened at $117.18 on Monday. The company has a market cap of $932.53 billion, a price-to-earnings ratio of 41.12, a price-to-earnings-growth ratio of 4.37 and a beta of 0.60. Walmart Inc. has a twelve month low of $94.23 and a twelve month 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’s fifty day moving average is $124.61 and its 200 day moving average is $122.11.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. The business had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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, sell-side analysts expect that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Insider Activity at Walmart

In related news, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the sale, the director directly owned 4,174,579 shares in the company, valued at $495,230,306.77. This trade represents a 0.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was 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 in the company, valued at $71,607,543.76. The trade was a 0.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 117,246 shares of company stock valued at $14,493,147. Corporate insiders own 0.09% of the company’s stock.

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.