Lord & Richards Wealth Management LLC Cuts Stake in Walmart Inc. $WMT

Lord & Richards Wealth Management LLC cut its holdings in shares of Walmart Inc. (NASDAQ:WMT) by 44.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,107 shares of the retailer’s stock after selling 7,382 shares during the period. Lord & Richards Wealth Management LLC’s holdings in Walmart were worth $1,015,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WMT. Brighton Jones LLC increased its position in Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings 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 acquiring an additional 485 shares in the last quarter. Peterson Wealth Management grew its stake in shares of 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 acquiring an additional 1,715 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of 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 acquiring an additional 116 shares during the last quarter. Finally, Schnieders Capital Management LLC. increased its holdings in shares of Walmart by 1.2% during the second 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. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $124.25 on Wednesday. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $134.69. The company’s 50 day moving average is $124.54 and its 200 day moving average is $113.97. The company has a current ratio of 0.79, a quick ratio of 0.24 and a debt-to-equity ratio of 0.38. The company has a market cap of $990.58 billion, a PE ratio of 45.35, a price-to-earnings-growth ratio of 4.60 and a beta of 0.66.

Walmart (NASDAQ:WMT) last announced its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, beating the consensus estimate of $0.73 by $0.01. The business had revenue of $190.66 billion during the quarter, compared to analysts’ expectations of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business 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 forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

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%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Tigress Financial set a $150.00 price objective on shares of Walmart and gave the company a “buy” rating in a research report on Wednesday, February 25th. BTIG Research restated a “buy” rating and set a $140.00 price target on shares of Walmart in a research note on Friday, February 20th. Jefferies Financial Group set a $145.00 price target on shares of Walmart in a report on Friday, February 20th. UBS Group reiterated a “buy” rating and set a $147.00 price objective (up from $135.00) on shares of Walmart in a research note on Friday, February 20th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $140.00 price objective (up from $130.00) on shares of Walmart in a report on Tuesday, February 10th. One 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.76.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $119.17, for a total transaction of $2,313,804.72. Following the completion of the transaction, the chief executive officer owned 4,274,856 shares in the company, valued at approximately $509,434,589.52. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $129.10, for a total value of $1,694,437.50. Following the completion of the transaction, the chief executive officer directly owned 591,084 shares of the company’s stock, valued at approximately $76,308,944.40. This trade represents a 2.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 274,278 shares of company stock valued at $33,825,793 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

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.