Zinnia Wealth Advisory LLC Buys Shares of 12,798 Walmart Inc. $WMT

Zinnia Wealth Advisory LLC bought a new stake in shares of Walmart Inc. (NASDAQ:WMT) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 12,798 shares of the retailer’s stock, valued at approximately $1,426,000. Walmart comprises approximately 1.5% of Zinnia Wealth Advisory LLC’s portfolio, making the stock its 17th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Personalized Indexing Management LLC raised its position in shares of Walmart by 7.0% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 763,059 shares of the retailer’s stock valued at $85,012,000 after acquiring an additional 49,772 shares during the last quarter. Venture Visionary Partners LLC raised its position in shares of Walmart by 3.5% during the 4th quarter. Venture Visionary Partners LLC now owns 223,221 shares of the retailer’s stock valued at $24,972,000 after acquiring an additional 7,447 shares during the last quarter. Panagora Asset Management Inc. raised its position in shares of Walmart by 24.7% during the 4th quarter. Panagora Asset Management Inc. now owns 1,930,188 shares of the retailer’s stock valued at $215,042,000 after acquiring an additional 381,920 shares during the last quarter. Perryman Financial Advisory Inc. AD bought a new stake in shares of Walmart during the 4th quarter valued at $3,027,000. Finally, Piedmont Capital Management LLC NC bought a new stake in shares of Walmart during the 4th quarter valued at $649,000. Institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, CEO John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $124.08, for a total value of $1,628,550.00. Following the completion of the sale, the chief executive officer directly owned 661,037 shares in the company, valued at approximately $82,021,470.96. This trade represents a 1.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the completion of the sale, the executive vice president owned 125,067 shares of the company’s stock, valued at $14,985,527.94. This trade represents a 8.74% 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. Insiders sold a total of 128,986 shares of company stock worth $15,927,908 in the last three months. Insiders own 0.09% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on WMT. Jefferies Financial Group set a $145.00 price objective on shares of Walmart in a research report on Friday, February 20th. Raymond James Financial restated an “outperform” rating and issued a $135.00 price objective on shares of Walmart in a research report on Friday, March 6th. Truist Financial set a $140.00 price objective on shares of Walmart in a research report on Thursday, May 21st. Erste Group Bank cut shares of Walmart from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Rothschild & Co Redburn set a $150.00 price objective on shares of Walmart in a research report on Tuesday, February 17th. One 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Walmart Trading Down 0.2%

Walmart stock opened at $120.82 on Tuesday. The firm has a 50-day moving average of $125.18 and a 200-day moving average of $121.88. Walmart Inc. has a one year low of $93.62 and a one year high of $135.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The company has a market cap of $961.50 billion, a price-to-earnings ratio of 42.39, a P/E/G ratio of 4.52 and a beta of 0.60.

Walmart (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $174.84 billion. During the same period in the prior year, the business posted $0.61 EPS. The company’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. On average, equities analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

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.