Walmart Inc. (NYSE:WMT) Shares Sold by Helen Stephens Group LLC

Helen Stephens Group LLC lowered its stake in shares of Walmart Inc. (NYSE:WMT) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,825 shares of the retailer’s stock after selling 420 shares during the period. Helen Stephens Group LLC’s holdings in Walmart were worth $1,610,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in WMT. Intech Investment Management LLC increased its position in shares of Walmart by 5.1% during the second quarter. Intech Investment Management LLC now owns 1,197,490 shares of the retailer’s stock worth $81,082,000 after acquiring an additional 58,542 shares during the last quarter. Brighton Jones LLC grew its holdings in Walmart by 6.7% during the 2nd quarter. Brighton Jones LLC now owns 80,261 shares of the retailer’s stock worth $5,434,000 after acquiring an additional 5,008 shares in the last quarter. Ieq Capital LLC grew its stake in Walmart by 12.8% in the second quarter. Ieq Capital LLC now owns 217,577 shares of the retailer’s stock worth $14,732,000 after purchasing an additional 24,615 shares in the last quarter. Trust Investment Advisors bought a new stake in shares of Walmart in the 2nd quarter valued at approximately $221,000. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in shares of Walmart by 159.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 595,653 shares of the retailer’s stock worth $40,332,000 after purchasing an additional 365,914 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on WMT shares. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a research note on Thursday, November 21st. Morgan Stanley lifted their target price on Walmart from $89.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Melius Research began coverage on Walmart in a research report on Monday, September 23rd. They issued a “buy” rating and a $95.00 price target for the company. Royal Bank of Canada reissued an “outperform” rating and issued a $105.00 target price on shares of Walmart in a research report on Wednesday. Finally, Piper Sandler raised their price objective on shares of Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $94.49.

Insider Activity at Walmart

In related news, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the sale, the chief executive officer now directly owns 3,843,929 shares in the company, valued at $318,238,881.91. This trade represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 140,177 shares of company stock worth $12,478,149. 45.58% of the stock is currently owned by company insiders.

Walmart Stock Performance

Walmart stock opened at $92.02 on Friday. Walmart Inc. has a 1 year low of $53.44 and a 1 year high of $96.18. The company’s 50-day moving average is $91.01 and its two-hundred day moving average is $81.10. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The company has a market cap of $739.19 billion, a PE ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter in the previous year, the company posted $0.51 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities analysts anticipate that Walmart Inc. will post 2.47 earnings per share for the current year.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.