Evelyn Partners Investment Management LLP Has $26.43 Million Holdings in Walmart Inc. $WMT

Evelyn Partners Investment Management LLP cut its holdings in Walmart Inc. (NASDAQ:WMT) by 4.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 237,236 shares of the retailer’s stock after selling 11,122 shares during the quarter. Evelyn Partners Investment Management LLP’s holdings in Walmart were worth $26,430,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Entrust Financial LLC acquired a new stake in Walmart in the fourth quarter valued at about $27,000. Beacon Financial Strategies CORP acquired a new stake in shares of Walmart during the fourth quarter valued at about $30,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Walmart during the third quarter valued at about $30,000. Bay Harbor Wealth Management LLC boosted its stake in shares of Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after purchasing an additional 105 shares in the last quarter. Finally, Clayton Financial Group LLC boosted its stake in shares of Walmart by 193.0% during the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after purchasing an additional 193 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of recent research reports. Sanford C. Bernstein reissued an “outperform” rating on shares of Walmart in a research note on Monday, June 8th. The Goldman Sachs Group reissued a “buy” rating and set a $138.00 price target on shares of Walmart in a research note on Friday, February 20th. BNP Paribas Exane cut their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating on the stock in a research note on Friday, May 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $137.00 price target (down from $140.00) on shares of Walmart in a research note on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft set a $120.00 price target on Walmart in a research note on Friday, February 20th. One research 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Insiders Place Their Bets

In other Walmart news, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $123.92, for a total value of $359,368.00. Following the completion of the sale, the executive vice president directly owned 577,853 shares in the company, valued at approximately $71,607,543.76. The trade was a 0.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the sale, the director owned 4,174,579 shares of the company’s stock, valued at approximately $495,230,306.77. The trade was a 0.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 128,986 shares of company stock valued at $15,927,908 in the last 90 days. Company insiders own 0.09% of the company’s stock.

Walmart Price Performance

Walmart stock opened at $121.04 on Friday. The stock’s 50 day moving average is $125.28 and its 200 day moving average is $121.66. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The firm has a market cap of $963.25 billion, a P/E ratio of 42.47, a P/E/G ratio of 4.52 and a beta of 0.59. Walmart Inc. has a one year low of $93.62 and a one year high of $135.15.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting analysts’ consensus estimates of $0.66. The company had revenue of $177.75 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the firm 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. As a group, research analysts expect that Walmart Inc. will post 2.89 EPS for the current year.

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.