Walmart Inc. $WMT Shares Sold by Robbins Farley

Robbins Farley lowered its stake in shares of Walmart Inc. (NASDAQ:WMTFree Report) by 8.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,359 shares of the retailer’s stock after selling 5,319 shares during the quarter. Walmart makes up approximately 3.0% of Robbins Farley’s holdings, making the stock its 7th largest position. Robbins Farley’s holdings in Walmart were worth $6,613,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Collier Financial acquired a new position in Walmart during the 3rd quarter valued at approximately $25,000. Your Advocates Ltd. LLP bought a new stake in Walmart during the 3rd quarter valued at $28,000. Redmont Wealth Advisors LLC bought a new stake in Walmart during the 3rd quarter valued at $30,000. Beacon Financial Strategies CORP bought a new stake in Walmart during the 4th quarter valued at $30,000. Finally, Roble Belko & Company Inc raised its stake in Walmart by 212.6% during the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock valued at $33,000 after acquiring an additional 219 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Key Stories Impacting Walmart

Here are the key news stories impacting Walmart this week:

Analyst Ratings Changes

WMT has been the topic of several recent analyst reports. Craig Hallum set a $150.00 target price on Walmart in a research note on Friday, March 6th. Raymond James Financial reaffirmed an “outperform” rating and set a $135.00 target price on shares of Walmart in a research note on Friday, March 6th. Evercore reaffirmed an “outperform” rating and set a $130.00 target price (up from $125.00) on shares of Walmart in a research note on Tuesday, February 3rd. Morgan Stanley reaffirmed an “overweight” rating and set a $135.00 target price (up from $125.00) on shares of Walmart in a research note on Thursday, January 15th. Finally, Royal Bank Of Canada set a $145.00 target price on Walmart in a research note on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $137.12.

Read Our Latest Research Report on WMT

Walmart Stock Up 0.0%

WMT opened at $126.82 on Monday. Walmart Inc. has a one year low of $90.01 and a one year high of $134.69. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. The stock’s fifty day moving average is $125.86 and its 200-day moving average is $115.27. The company has a market capitalization of $1.01 trillion, a PE ratio of 46.28, a P/E/G ratio of 4.72 and a beta of 0.66.

Walmart (NASDAQ:WMTGet Free Report) last posted its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. During the same quarter in the previous year, the business earned $0.66 EPS. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be paid a $0.2475 dividend. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart’s payout ratio is currently 36.13%.

Insider Activity at Walmart

In other news, EVP Christopher James Nicholas sold 34,082 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $122.00, for a total transaction of $4,158,004.00. Following the sale, the executive vice president directly owned 533,466 shares of the company’s stock, valued at $65,082,852. The trade was a 6.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John D. Rainey sold 20,000 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $127.79, for a total value of $2,555,800.00. Following the sale, the executive vice president directly owned 486,764 shares in the company, valued at $62,203,571.56. This trade represents a 3.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 274,278 shares of company stock valued at $33,825,793 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Walmart Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Walmart (NASDAQ:WMT)

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