Walmart Inc. $WMT Holdings Decreased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC trimmed its position in Walmart Inc. (NASDAQ:WMT) by 9.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,944 shares of the retailer’s stock after selling 7,608 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Walmart were worth $7,904,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Entrust Financial LLC bought a new stake in shares of Walmart in the 4th quarter valued at approximately $27,000. Collier Financial bought a new stake in shares of Walmart in the 3rd quarter valued at approximately $25,000. Your Advocates Ltd. LLP bought a new stake in shares of Walmart in the 3rd quarter valued at approximately $28,000. Beacon Financial Strategies CORP bought a new stake in shares of Walmart in the 4th quarter valued at approximately $30,000. Finally, Redmont Wealth Advisors LLC bought a new position in Walmart during the 3rd quarter worth $30,000. 26.76% of the stock is currently owned by institutional investors.

Walmart Trading Down 0.0%

NASDAQ:WMT opened at $118.54 on Thursday. Walmart Inc. has a 1 year low of $93.43 and a 1 year high of $135.15. The stock has a market cap of $944.88 billion, a price-to-earnings ratio of 41.59, a PEG ratio of 4.42 and a beta of 0.65. The business has a fifty day moving average of $126.36 and a 200-day moving average of $120.53. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. During the same quarter in the prior year, the business posted $0.61 earnings per share. The company’s revenue for the quarter 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. Equities analysts predict that Walmart Inc. will post 2.89 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on WMT shares. Craig Hallum set a $150.00 price objective on Walmart in a research note on Friday, March 6th. Truist Financial set a $140.00 price objective on Walmart in a research note on Thursday, May 21st. Sanford C. Bernstein restated an “outperform” rating and set a $145.00 price objective on shares of Walmart in a research note on Tuesday, May 12th. Telsey Advisory Group upped their price objective on Walmart from $135.00 to $140.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Finally, Rothschild & Co Redburn set a $150.00 price objective on Walmart in a research note on Tuesday, February 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.71.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: TD Cowen raised its price target on Walmart to $150 from $145 and kept a Buy rating, citing strong grocery traffic that could support sales momentum. TD Cowen Boosts Target on Walmart (WMT) Amid Strong Grocery Traffic
• Positive Sentiment: Walmart’s e-commerce business grew 26%, while ads and membership revenue continue to scale, supporting the company’s longer-term profit mix. Target vs. Walmart: Which Retail Stock Is the Better Buy After Earnings?
• Neutral Sentiment: Walmart is being added to the Russell 3000 elite/top 10 during the June reconstitution, which is notable for index investors but not a direct fundamental catalyst. Walmart Joins Russell 3000 Elite As Investors Weigh Q1 Shakeup
• Neutral Sentiment: Walmart launched a logistics program to streamline distribution and simplify supplier shipments, a cost-efficiency move that could help over time. Walmart Debuts Program to Streamline Distribution Network
• Negative Sentiment: Recent commentary continues to focus on Walmart’s post-earnings slide, with investors worried that fuel and other costs are squeezing margins and overshadowing growth. Walmart Sinks 8.1% Post Q1 Earnings: Exit WMT Stock or Stay Put?
• Negative Sentiment: RBC Capital trimmed its price target to $137 from $140 after Walmart’s in-line quarter and softer-than-expected guidance, reinforcing concerns about near-term earnings momentum. Walmart (WMT) – Among the Top 12 Picks for a Dividend Stock Portfolio For Retirement

Insiders Place Their Bets

In other news, CEO John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $124.08, for a total value of $1,628,550.00. Following the completion of the sale, the chief executive officer owned 661,037 shares in the company, valued at $82,021,470.96. This represents a 1.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John D. Rainey sold 20,000 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $127.79, for a total value of $2,555,800.00. Following the completion of the sale, the executive vice president owned 486,764 shares of the company’s stock, valued at approximately $62,203,571.56. This trade represents a 3.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 106,592 shares of company stock valued at $13,436,513. 0.10% of the stock is currently owned by 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.