Baader Bank Aktiengesellschaft Trims Stock Holdings in Walmart Inc. $WMT

Baader Bank Aktiengesellschaft lowered its position in shares of Walmart Inc. (NASDAQ:WMT) by 17.4% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 73,279 shares of the retailer’s stock after selling 15,415 shares during the quarter. Walmart comprises about 0.7% of Baader Bank Aktiengesellschaft’s portfolio, making the stock its 25th largest position. Baader Bank Aktiengesellschaft’s holdings in Walmart were worth $9,099,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Entrust Financial LLC purchased a new stake in Walmart in the fourth quarter valued at approximately $27,000. Merkkuri Wealth Advisors LLC acquired a new position in Walmart in the 1st quarter worth approximately $29,000. Beacon Financial Strategies CORP acquired a new position in Walmart in the 4th quarter worth approximately $30,000. Bay Harbor Wealth Management LLC raised its position in Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after buying an additional 105 shares during the last quarter. Finally, Clayton Financial Group LLC raised its position in Walmart by 193.0% during the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after buying an additional 193 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Walmart

In other news, EVP David W. Guggina sold 11,978 shares of Walmart stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the sale, the executive vice president directly owned 125,067 shares of the company’s stock, valued at $14,985,527.94. The trade was a 8.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of Walmart stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total value of $413,891.00. Following the completion of the sale, the executive vice president directly owned 630,009 shares in the company, valued at $69,074,186.76. This represents a 0.60% 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. Insiders sold 87,145 shares of company stock worth $10,691,920 in the last quarter. Corporate insiders own 0.09% of the company’s stock.

Walmart Stock Down 1.8%

Shares of NASDAQ WMT opened at $112.20 on Tuesday. The firm has a market cap of $892.90 billion, a price-to-earnings ratio of 39.37, a price-to-earnings-growth ratio of 4.26 and a beta of 0.60. The company’s 50-day simple moving average is $118.51 and its 200-day simple moving average is $122.11. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 52-week low of $95.10 and a 52-week high of $135.15.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting the consensus estimate 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 net margin of 3.13% and a return on equity of 21.25%. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. 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. Equities analysts predict that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on WMT. BTIG Research reaffirmed a “buy” rating and issued a $145.00 price objective on shares of Walmart in a report on Wednesday, June 3rd. Truist Financial set a $140.00 price objective on shares of Walmart in a research note on Thursday, May 21st. UBS Group set a $141.00 target price on shares of Walmart and gave the stock a “buy” rating in a report on Friday, May 22nd. Sanford C. Bernstein restated an “outperform” rating on shares of Walmart in a research report on Monday, June 8th. Finally, Evercore reaffirmed an “outperform” rating on shares of Walmart in a report on Monday, May 18th. One 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. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $138.85.

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.