RBF Capital LLC Sells 50,000 Shares of Walmart Inc. $WMT

RBF Capital LLC decreased its stake in Walmart Inc. (NASDAQ:WMT) by 32.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 102,822 shares of the retailer’s stock after selling 50,000 shares during the quarter. RBF Capital LLC’s holdings in Walmart were worth $12,779,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Advisortrust Partners LLC boosted its stake in Walmart by 20.2% in the 1st quarter. Advisortrust Partners LLC now owns 67,142 shares of the retailer’s stock worth $8,344,000 after purchasing an additional 11,283 shares during the period. Union Bancaire Privee UBP SA raised its stake in shares of Walmart by 253.3% in the 1st quarter. Union Bancaire Privee UBP SA now owns 384,034 shares of the retailer’s stock valued at $47,728,000 after purchasing an additional 275,337 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Walmart by 2.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,580 shares of the retailer’s stock valued at $300,333,000 after purchasing an additional 68,632 shares during the period. Vise Technologies Inc. lifted its holdings in shares of Walmart by 42.1% in the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock valued at $30,676,000 after purchasing an additional 81,635 shares in the last quarter. Finally, HORAN Wealth LLC lifted its holdings in shares of Walmart by 55.7% in the first quarter. HORAN Wealth LLC now owns 81,544 shares of the retailer’s stock valued at $9,931,000 after purchasing an additional 29,184 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on WMT shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a report on Monday, June 8th. Guggenheim upped their price target on Walmart from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Mizuho set a $130.00 price target on shares of Walmart in a research note on Monday. Truist Financial set a $140.00 price objective on shares of Walmart in a report on Thursday, May 21st. Finally, Tigress Financial reissued a “buy” rating and issued a $155.00 price objective (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $138.65.

Walmart Stock Performance

Shares of NASDAQ WMT opened at $114.22 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The stock has a 50 day moving average price of $115.56 and a 200 day moving average price of $122.03. The stock has a market capitalization of $908.97 billion, a PE ratio of 40.08, a price-to-earnings-growth ratio of 4.22 and a beta of 0.60. Walmart Inc. has a 52 week low of $95.42 and a 52 week high of $135.15.

Walmart (NASDAQ:WMT) last posted 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. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same quarter in the previous year, the firm earned $0.61 EPS. The business’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. Analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the transaction, the director directly owned 4,174,579 shares in the company, valued at approximately $495,230,306.77. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $124.08, for a total transaction of $1,628,550.00. Following the completion of the sale, the chief executive officer owned 661,037 shares of the company’s stock, valued at approximately $82,021,470.96. This represents a 1.95% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 67,729 shares of company stock valued at $8,124,931 in the last ninety days. 0.09% 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.