Tactive Advisors LLC Sells 7,152 Shares of Walmart Inc. $WMT

Tactive Advisors LLC lowered its stake in Walmart Inc. (NASDAQ:WMT) by 79.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,882 shares of the retailer’s stock after selling 7,152 shares during the quarter. Tactive Advisors LLC’s holdings in Walmart were worth $210,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Collier Financial acquired a new stake in shares of Walmart in the 3rd quarter valued at $25,000. Your Advocates Ltd. LLP bought a new position in Walmart in the third quarter valued at about $28,000. Redmont Wealth Advisors LLC acquired a new stake in Walmart in the third quarter worth about $30,000. Roble Belko & Company Inc raised its holdings in Walmart by 212.6% during the 3rd quarter. Roble Belko & Company Inc now owns 322 shares of the retailer’s stock worth $33,000 after purchasing an additional 219 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in Walmart during the 3rd quarter valued at about $39,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Christopher James Nicholas sold 34,082 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 533,466 shares of the company’s stock, valued at approximately $65,082,852. This represents a 6.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $119.99, for a total transaction of $1,574,868.75. Following the completion of the transaction, the executive vice president directly owned 727,155 shares in the company, valued at approximately $87,251,328.45. The trade was a 1.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 274,278 shares of company stock worth $33,605,809 in the last three months. 0.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WMT. KeyCorp reissued an “overweight” rating and set a $145.00 price target (up from $128.00) on shares of Walmart in a research note on Friday, February 13th. Jefferies Financial Group set a $145.00 price objective on shares of Walmart in a research note on Friday, February 20th. Royal Bank Of Canada set a $145.00 target price on shares of Walmart in a report on Friday, February 20th. BTIG Research reissued a “buy” rating and issued a $140.00 price target on shares of Walmart in a research note on Friday, February 20th. Finally, Truist Financial raised their price target on Walmart from $127.00 to $139.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four 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 $135.76.

Walmart Trading Up 1.4%

Shares of NASDAQ WMT opened at $120.72 on Tuesday. Walmart Inc. has a twelve month low of $79.81 and a twelve month high of $134.69. The stock has a market cap of $962.42 billion, a price-to-earnings ratio of 44.06, a P/E/G ratio of 4.43 and a beta of 0.66. 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 company’s fifty day moving average is $124.13 and its 200-day moving average is $113.09.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 EPS 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 analysts’ expectations of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

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

Walmart 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.