Seven Mile Advisory Has $1.39 Million Holdings in Walmart Inc. $WMT

Seven Mile Advisory lessened its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 29.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,487 shares of the retailer’s stock after selling 5,289 shares during the period. Seven Mile Advisory’s holdings in Walmart were worth $1,391,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in WMT. Entrust Financial LLC bought a new stake in shares of Walmart during the 4th quarter worth approximately $27,000. Redmont Wealth Advisors LLC bought a new stake in shares of Walmart during the 3rd quarter worth approximately $30,000. Beacon Financial Strategies CORP bought a new stake in shares of Walmart during the 4th quarter worth approximately $30,000. Bay Harbor Wealth Management LLC lifted its holdings in shares of 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 acquiring an additional 105 shares during the period. Finally, Clayton Financial Group LLC lifted its holdings in shares of 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 acquiring an additional 193 shares during the period. Institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on WMT shares. Argus raised shares of Walmart to a “strong-buy” rating in a report on Wednesday, February 18th. Tigress Financial reiterated a “buy” rating and issued a $155.00 target price (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. Freedom Capital raised Walmart from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. HSBC downgraded Walmart from a “buy” rating to a “hold” rating and boosted their target price for the stock from $122.00 to $131.00 in a research note on Friday, February 20th. Finally, Piper Sandler reissued an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.85.

Insider Transactions at Walmart

In other Walmart news, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $124.08, for a total value of $1,628,550.00. Following the sale, the chief executive officer owned 661,037 shares in the company, valued at $82,021,470.96. This trade represents a 1.95% decrease in their ownership of the stock. The sale was disclosed in a 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 David W. Guggina sold 11,978 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president owned 125,067 shares in the company, valued at $14,985,527.94. This represents a 8.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 128,986 shares of company stock valued at $15,927,908. Corporate insiders own 0.09% of the company’s stock.

Walmart Stock Performance

Shares of Walmart stock opened at $121.04 on Monday. Walmart Inc. has a fifty-two week low of $93.62 and a fifty-two week high of $135.15. 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 capitalization of $963.25 billion, a P/E ratio of 42.47, a P/E/G ratio of 4.52 and a beta of 0.60. The company’s 50 day moving average price is $125.28 and its two-hundred day moving average price is $121.78.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same quarter last year, the business posted $0.61 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current fiscal 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.