Walmart Inc. $WMT Shares Purchased by RFG Advisory LLC

RFG Advisory LLC raised its holdings in Walmart Inc. (NASDAQ:WMT) by 17.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 115,264 shares of the retailer’s stock after acquiring an additional 17,048 shares during the quarter. RFG Advisory LLC’s holdings in Walmart were worth $12,842,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in WMT. Collier Financial acquired a new stake in shares of Walmart during the 3rd quarter valued at approximately $25,000. Your Advocates Ltd. LLP purchased a new stake in shares of Walmart during the 3rd quarter worth approximately $28,000. Beacon Financial Strategies CORP acquired a new stake in shares of Walmart in the 4th quarter worth approximately $30,000. Redmont Wealth Advisors LLC purchased a new position in Walmart in the 3rd quarter valued at approximately $30,000. Finally, Bay Harbor Wealth Management LLC increased its stake in Walmart by 57.4% in the 4th 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. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In related news, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $126.71, for a total value of $2,460,201.36. Following the completion of the transaction, the director owned 4,023,209 shares of the company’s stock, valued at approximately $509,780,812.39. The trade was a 0.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Christopher James Nicholas sold 34,082 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $122.00, for a total transaction of $4,158,004.00. Following the completion of the transaction, the executive vice president directly owned 533,466 shares of the company’s stock, valued at $65,082,852. The trade was a 6.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 167,195 shares of company stock worth $20,975,804 in the last ninety days. Company insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

WMT has been the topic of a number of research analyst reports. The Goldman Sachs Group reiterated a “buy” rating and set a $138.00 target price on shares of Walmart in a research report on Friday, February 20th. Argus upgraded Walmart to a “strong-buy” rating in a research report on Wednesday, February 18th. Raymond James Financial reaffirmed an “outperform” rating and set a $135.00 price target on shares of Walmart in a research note on Friday, March 6th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $140.00 price target (up from $130.00) on shares of Walmart in a research note on Tuesday, February 10th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $134.00 price target (up from $129.00) on shares of Walmart in a research note on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Walmart presently has a consensus rating of “Buy” and an average price target of $137.79.

Walmart Trading Up 0.4%

NASDAQ:WMT opened at $130.79 on Wednesday. The company has a market capitalization of $1.04 trillion, a PE ratio of 47.73, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65. 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 52-week low of $91.89 and a 52-week high of $134.69. The stock has a fifty day simple moving average of $125.76 and a 200-day simple moving average of $117.90.

Walmart (NASDAQ:WMT) last released 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. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The business had revenue of $190.66 billion during the quarter, compared to the consensus estimate of $188.37 billion. During the same quarter in the previous year, the company posted $0.66 EPS. The business’s revenue was up 5.6% on a year-over-year basis. 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, equities research analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be paid a $0.2475 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.99 annualized dividend and a yield of 0.8%. Walmart’s payout ratio is presently 36.13%.

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.