Walmart Inc. (NYSE:WMT) Shares Bought by Geller Advisors LLC

Geller Advisors LLC lifted its holdings in shares of Walmart Inc. (NYSE:WMT) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,170 shares of the retailer’s stock after buying an additional 489 shares during the period. Geller Advisors LLC’s holdings in Walmart were worth $1,102,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Walmart by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer’s stock valued at $38,194,278,000 after purchasing an additional 2,050,683 shares during the last quarter. Geode Capital Management LLC grew its position in Walmart by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer’s stock valued at $8,167,186,000 after buying an additional 3,017,829 shares during the last quarter. Norges Bank purchased a new position in Walmart in the 4th quarter valued at $5,737,355,000. Fisher Asset Management LLC increased its stake in Walmart by 2.4% in the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer’s stock valued at $4,408,452,000 after buying an additional 1,133,201 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Walmart by 8.9% in the 4th quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer’s stock worth $3,943,049,000 after acquiring an additional 3,550,037 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on WMT shares. Truist Financial dropped their price target on shares of Walmart from $111.00 to $107.00 and set a “buy” rating on the stock in a research note on Tuesday. UBS Group cut their target price on Walmart from $112.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, April 10th. Roth Mkm reissued a “buy” rating and issued a $108.00 price target (up from $97.00) on shares of Walmart in a report on Friday, February 21st. Oppenheimer upped their price objective on Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Erste Group Bank downgraded Walmart from a “strong-buy” rating to a “hold” rating in a report on Monday, March 17th. Two research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.94.

Insiders Place Their Bets

In other news, EVP John D. Rainey sold 2,200 shares of the company’s stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the sale, the executive vice president now directly owns 632,718 shares in the company, valued at $61,607,751.66. This represents a 0.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Christopher James Nicholas sold 17,600 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $94.42, for a total value of $1,661,792.00. Following the completion of the transaction, the executive vice president now directly owns 348,357 shares in the company, valued at $32,891,867.94. This trade represents a 4.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 133,857 shares of company stock valued at $12,444,743 over the last quarter. Company insiders own 45.58% of the company’s stock.

Walmart Trading Down 0.7 %

Shares of WMT opened at $96.78 on Friday. Walmart Inc. has a fifty-two week low of $59.44 and a fifty-two week high of $105.30. The company has a market capitalization of $774.33 billion, a PE ratio of 40.16, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70. The stock has a fifty day moving average of $90.66 and a two-hundred day moving average of $91.91. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82.

Walmart (NYSE:WMT) last released its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. As a group, analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 12th will be given a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date of this dividend is Friday, May 9th. Walmart’s dividend payout ratio (DPR) is 39.00%.

Walmart 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.