Walmart Inc. $WMT Shares Purchased by MRA Advisory Group

MRA Advisory Group raised its holdings in Walmart Inc. (NASDAQ:WMT) by 40.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 19,865 shares of the retailer’s stock after acquiring an additional 5,721 shares during the period. Walmart makes up approximately 0.8% of MRA Advisory Group’s portfolio, making the stock its 26th biggest position. MRA Advisory Group’s holdings in Walmart were worth $2,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of WMT. Vanguard Group Inc. grew its holdings in Walmart by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after purchasing an additional 4,304,436 shares during the period. State Street Corp increased its position in Walmart by 1.2% during the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after purchasing an additional 2,242,364 shares during the last quarter. Geode Capital Management LLC raised its stake in Walmart by 6.8% during the fourth quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after purchasing an additional 6,517,394 shares during the period. Norges Bank purchased a new position in Walmart during the fourth quarter worth approximately $6,458,529,000. Finally, Fisher Asset Management LLC boosted its holdings in shares of Walmart by 0.8% in the 4th quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer’s stock valued at $4,526,238,000 after purchasing an additional 328,229 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In related news, EVP Christopher James Nicholas sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $118.19, for a total transaction of $342,751.00. Following the transaction, the executive vice president directly owned 574,953 shares of the company’s stock, valued at approximately $67,953,695.07. The trade was a 0.50% decrease in their position. The transaction was disclosed in a legal filing 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 Latriece Watkins sold 11,000 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the completion of the transaction, the executive vice president owned 120,203 shares of the company’s stock, valued at approximately $14,300,550.91. This represents a 8.38% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 71,439 shares of company stock worth $8,544,532. Insiders own 0.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WMT. Freedom Capital raised shares of Walmart from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Truist Financial set a $140.00 price target on Walmart in a research report on Thursday, May 21st. BNP Paribas Exane dropped their price target on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. UBS Group reaffirmed a “buy” rating on shares of Walmart in a research note on Tuesday. Finally, Piper Sandler reiterated an “overweight” rating on shares of Walmart in a report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $138.56.

Walmart Stock Down 0.2%

Shares of NASDAQ WMT opened at $111.85 on Friday. The stock has a fifty day moving average price of $114.50 and a 200 day moving average price of $121.66. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12-month low of $95.42 and a 12-month high of $135.15. The company has a market cap of $890.11 billion, a P/E ratio of 39.25, a P/E/G ratio of 4.18 and a beta of 0.61.

Walmart (NASDAQ:WMT) last issued 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 return on equity of 21.25% and a net margin of 3.13%.The company had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. During the same quarter in the previous year, the firm posted $0.61 earnings per share. The firm’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. Research analysts anticipate that Walmart Inc. will post 2.89 EPS for the current fiscal year.

About Walmart

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.