Private Advisory Group LLC Grows Position in Walmart Inc. $WMT

Private Advisory Group LLC raised its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 99.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,898 shares of the retailer’s stock after purchasing an additional 4,444 shares during the period. Private Advisory Group LLC’s holdings in Walmart were worth $991,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WMT. Brighton Jones LLC boosted its stake in shares of Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after buying an additional 485 shares in the last quarter. Peterson Wealth Management lifted its holdings in Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after buying an additional 1,715 shares during the period. Sivia Capital Partners LLC lifted its holdings in Walmart by 0.9% during the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after buying an additional 116 shares during the period. Finally, Schnieders Capital Management LLC. boosted its position in Walmart by 1.2% during the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after acquiring an additional 1,048 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ WMT opened at $123.50 on Tuesday. Walmart Inc. has a 52 week low of $79.81 and a 52 week high of $134.69. The business’s 50 day moving average price is $124.43 and its 200 day moving average price is $113.83. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. The firm has a market cap of $984.59 billion, a P/E ratio of 45.07, a P/E/G ratio of 4.58 and a beta of 0.66.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. The company had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. Walmart’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period last year, the firm posted $0.66 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be given a dividend of $0.2475 per share. The ex-dividend date is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a yield of 0.8%. Walmart’s payout ratio is currently 36.13%.

Insider Buying and Selling

In related news, EVP Latriece Watkins sold 10,000 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $121.46, for a total transaction of $1,214,600.00. Following the sale, the executive vice president owned 108,294 shares in the company, valued at approximately $13,153,389.24. This trade represents a 8.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, March 26th. The shares were sold at an average price of $123.16, for a total transaction of $2,391,274.56. Following the completion of the transaction, the director directly owned 4,213,406 shares of the company’s stock, valued at $518,923,082.96. The trade was a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 274,278 shares of company stock valued at $33,825,793 in the last 90 days. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on WMT shares. Tigress Financial set a $150.00 price target on Walmart and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Argus raised Walmart to a “strong-buy” rating in a research report on Wednesday, February 18th. Telsey Advisory Group lifted their target price on Walmart from $135.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. CICC Research began coverage on shares of Walmart in a report on Friday, December 26th. They issued an “outperform” rating and a $125.00 target price for the company. Finally, Roth Mkm restated a “buy” rating and issued a $138.00 price target on shares of Walmart in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $135.76.

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.