Walmart Inc. (NYSE:WMT) is Roman Butler Fullerton & Co.’s 8th Largest Position

Roman Butler Fullerton & Co. raised its position in shares of Walmart Inc. (NYSE:WMT) by 0.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,237 shares of the retailer’s stock after acquiring an additional 542 shares during the period. Walmart makes up approximately 2.2% of Roman Butler Fullerton & Co.’s holdings, making the stock its 8th biggest holding. Roman Butler Fullerton & Co.’s holdings in Walmart were worth $5,660,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of WMT. Tallon Kerry Patrick purchased a new stake in Walmart during the fourth quarter valued at approximately $252,000. LaFleur & Godfrey LLC increased its position in shares of Walmart by 1.4% during the 4th quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer’s stock valued at $6,283,000 after purchasing an additional 992 shares during the last quarter. Eagle Capital Management LLC raised its holdings in Walmart by 9.1% during the 4th quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer’s stock valued at $349,000 after buying an additional 321 shares during the period. Brighton Jones LLC lifted its position in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares during the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new position in Walmart during the fourth quarter worth $10,645,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,760 shares of the stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $94.82, for a total value of $166,883.20. Following the transaction, the executive vice president now owns 520,275 shares in the company, valued at approximately $49,332,475.50. This represents a 0.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 29,148 shares of the firm’s stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $96.58, for a total transaction of $2,815,113.84. Following the transaction, the chief executive officer now directly owns 4,451,199 shares of the company’s stock, valued at $429,896,799.42. This represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 135,294 shares of company stock valued at $12,656,659 over the last ninety days. 45.58% of the stock is currently owned by insiders.

Walmart Stock Performance

Shares of WMT stock opened at $94.24 on Wednesday. Walmart Inc. has a 12-month low of $66.55 and a 12-month high of $105.30. The business’s fifty day simple moving average is $96.13 and its 200-day simple moving average is $94.11. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. The company has a market cap of $752.04 billion, a PE ratio of 40.27, a PEG ratio of 4.60 and a beta of 0.69.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The company had revenue of $165.61 billion during the quarter, compared to analysts’ expectations of $164.53 billion. During the same period last year, the business posted $0.60 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. Analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were paid a dividend of $0.235 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart’s payout ratio is currently 40.17%.

Analysts Set New Price Targets

Several research firms have recently issued reports on WMT. Royal Bank Of Canada restated an “outperform” rating and issued a $103.00 target price (up previously from $102.00) on shares of Walmart in a report on Monday, June 9th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Walmart in a research note on Wednesday, March 26th. UBS Group cut their price objective on Walmart from $112.00 to $110.00 and set a “buy” rating on the stock in a research report on Thursday, April 10th. Truist Financial lifted their target price on Walmart from $107.00 to $111.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Finally, Roth Mkm restated 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. Two analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus price target of $106.50.

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.