Walmart Inc. $WMT Stock Position Lessened by Narus Financial Partners LLC

Narus Financial Partners LLC lessened its position in shares of Walmart Inc. (NASDAQ:WMT) by 2.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,348,003 shares of the retailer’s stock after selling 35,049 shares during the quarter. Walmart comprises 43.9% of Narus Financial Partners LLC’s holdings, making the stock its biggest position. Narus Financial Partners LLC’s holdings in Walmart were worth $167,530,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Walmart during the fourth quarter worth $6,458,529,000. AQR Capital Management LLC lifted its holdings in shares of Walmart by 188.1% during the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after purchasing an additional 7,614,172 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Walmart by 6.8% in the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after purchasing an additional 6,517,394 shares in the last quarter. Capital International Investors acquired a new stake in shares of Walmart in the 4th quarter worth $592,848,000. Finally, Vanguard Group Inc. grew its stake in Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after buying an additional 4,304,436 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other Walmart news, EVP David W. Guggina sold 11,978 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the sale, the executive vice president directly owned 125,067 shares of the company’s stock, valued at approximately $14,985,527.94. This represents a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $118.19, for a total value of $342,751.00. Following the sale, the executive vice president directly owned 574,953 shares in the company, valued at $67,953,695.07. This represents a 0.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 100,730 shares of company stock valued at $12,444,624. 0.09% of the stock is owned by corporate insiders.

Walmart Trading Down 0.9%

Walmart stock opened at $114.60 on Tuesday. The stock has a 50-day moving average price of $123.54 and a 200 day moving average price of $122.22. The company has a market capitalization of $912.00 billion, a price-to-earnings ratio of 40.21, a price-to-earnings-growth ratio of 4.31 and a beta of 0.60. Walmart Inc. has a 52 week low of $94.23 and a 52 week high of $135.15. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Walmart (NASDAQ:WMT) last issued 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 net margin of 3.13% and a return on equity of 21.25%. The company had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. During the same quarter in the prior year, the company earned $0.61 EPS. Walmart’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. Sell-side analysts anticipate that Walmart Inc. will post 2.89 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on WMT. TD Cowen reaffirmed a “buy” rating and set a $150.00 target price (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. KeyCorp restated an “overweight” rating on shares of Walmart in a research note on Friday, May 22nd. Craig Hallum set a $150.00 price objective on shares of Walmart in a report on Friday, March 6th. BNP Paribas Exane decreased their price objective on shares of Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. Finally, Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average target price of $138.85.

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.