Quent Long Short Global Small Cap Fund LP Invests $2.82 Million in Walmart Inc. $WMT

Quent Long Short Global Small Cap Fund LP bought a new position in shares of Walmart Inc. (NASDAQ:WMT) during the fourth quarter, Holdings Channel reports. The firm bought 25,342 shares of the retailer’s stock, valued at approximately $2,823,000.

Other hedge funds also recently made changes to their positions in the company. Collier Financial bought a new stake in shares of Walmart in the 3rd quarter worth approximately $25,000. Your Advocates Ltd. LLP bought a new stake in shares of Walmart in the 3rd quarter worth approximately $28,000. Redmont Wealth Advisors LLC bought a new stake in shares of Walmart in the 3rd quarter worth approximately $30,000. Beacon Financial Strategies CORP purchased a new stake in Walmart in the 4th quarter worth about $30,000. Finally, Roble Belko & Company Inc increased its holdings in Walmart by 212.6% in the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after acquiring an additional 219 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $121.96, for a total transaction of $1,600,725.00. Following the completion of the transaction, the chief executive officer directly owned 687,287 shares in the company, valued at $83,821,522.52. The trade was a 1.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Latriece Watkins sold 10,000 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $121.46, for a total value of $1,214,600.00. Following the transaction, the executive vice president directly owned 108,294 shares of the company’s stock, valued at $13,153,389.24. The trade was a 8.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 167,195 shares of company stock worth $20,975,804. Company insiders own 0.10% of the company’s stock.

Walmart Stock Down 1.0%

WMT stock opened at $130.33 on Tuesday. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $1.04 trillion, a PE ratio of 47.57, a PEG ratio of 4.90 and a beta of 0.65. Walmart Inc. has a twelve month low of $91.89 and a twelve month high of $134.69. The stock has a 50-day simple moving average of $125.60 and a two-hundred day simple moving average of $117.74.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. The business had revenue of $190.66 billion during the quarter, compared to analyst estimates of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.66 EPS. 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 2.89 EPS for the current fiscal year.

Walmart Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on WMT. BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a report on Wednesday, January 14th. Oppenheimer reissued an “outperform” rating and issued a $140.00 price objective (up from $125.00) on shares of Walmart in a report on Monday, February 9th. Craig Hallum set a $150.00 price objective on Walmart in a report on Friday, March 6th. KeyCorp reiterated an “overweight” rating and issued a $145.00 price objective (up from $128.00) on shares of Walmart in a research note on Friday, February 13th. Finally, Wall Street Zen lowered shares of Walmart from a “buy” rating to a “hold” rating in a research note on Sunday, January 18th. Two investment 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. Based on data from MarketBeat.com, Walmart presently has a consensus rating of “Buy” and a consensus target price of $137.79.

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.