Wilmington Savings Fund Society FSB Sells 70,841 Shares of Walmart Inc. $WMT

Wilmington Savings Fund Society FSB cut its position in shares of Walmart Inc. (NASDAQ:WMT) by 53.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,315 shares of the retailer’s stock after selling 70,841 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Walmart were worth $6,422,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Walmart by 5.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after purchasing an additional 485 shares in the last quarter. Peterson Wealth Management grew its stake 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 purchasing an additional 1,715 shares during the period. Sivia Capital Partners LLC increased its holdings in Walmart by 0.9% in the second quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after purchasing an additional 116 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its holdings in Walmart by 1.2% in the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock worth $8,931,000 after purchasing an additional 1,048 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Raymond James Financial reiterated an “outperform” rating and issued a $135.00 price objective on shares of Walmart in a research note on Friday, March 6th. Weiss Ratings restated a “buy (b)” rating on shares of Walmart in a report on Wednesday, January 21st. Erste Group Bank reiterated a “hold” rating on shares of Walmart in a report on Thursday, March 5th. DA Davidson set a $150.00 price objective on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, February 20th. Finally, Jefferies Financial Group set a $145.00 target price on Walmart in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $135.76.

Walmart Stock Down 0.7%

WMT stock opened at $125.08 on Wednesday. The firm has a market capitalization of $996.91 billion, a PE ratio of 45.65, a P/E/G ratio of 4.69 and a beta of 0.66. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $134.69. The stock’s 50 day moving average is $123.64 and its 200-day moving average is $112.47.

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

Walmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be issued a $0.2475 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.99 annualized dividend and a dividend yield of 0.8%. Walmart’s dividend 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 dated 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 transaction, the executive vice president directly owned 108,294 shares of the company’s stock, valued at $13,153,389.24. This trade represents a 8.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $126.71, for a total transaction of $2,460,201.36. Following the transaction, the director owned 4,023,209 shares in the company, valued at approximately $509,780,812.39. This trade represents a 0.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 278,278 shares of company stock valued at $33,974,118 over the last 90 days. 0.10% of the stock is currently owned by company insiders.

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.