IFG Advisory LLC Buys 4,249 Shares of Walmart Inc. $WMT

IFG Advisory LLC raised its stake in Walmart Inc. (NASDAQ:WMT) by 4.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 106,541 shares of the retailer’s stock after purchasing an additional 4,249 shares during the quarter. IFG Advisory LLC’s holdings in Walmart were worth $11,870,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Huntington National Bank lifted its position in Walmart by 1.5% in the fourth quarter. Huntington National Bank now owns 1,735,444 shares of the retailer’s stock valued at $193,346,000 after purchasing an additional 24,910 shares during the last quarter. Connecticut Capital Management Group LLC bought a new stake in Walmart in the fourth quarter valued at approximately $889,000. Kingsview Wealth Management LLC lifted its position in Walmart by 377.5% in the fourth quarter. Kingsview Wealth Management LLC now owns 549,008 shares of the retailer’s stock valued at $61,165,000 after purchasing an additional 434,031 shares during the last quarter. Smith Chas P & Associates PA Cpas lifted its position in Walmart by 62.1% in the fourth quarter. Smith Chas P & Associates PA Cpas now owns 738,924 shares of the retailer’s stock valued at $82,324,000 after purchasing an additional 283,050 shares during the last quarter. Finally, Severin Investments LLC lifted its position in Walmart by 1.0% in the fourth quarter. Severin Investments LLC now owns 11,766 shares of the retailer’s stock valued at $1,311,000 after purchasing an additional 122 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on WMT shares. BNP Paribas Exane lowered their price objective on Walmart from $147.00 to $146.00 and set an “outperform” rating for the company in a research report on Friday, May 22nd. Jefferies Financial Group set a $145.00 target price on Walmart in a research note on Friday, February 20th. Evercore reissued an “outperform” rating on shares of Walmart in a research note on Monday, May 18th. Rothschild & Co Redburn set a $150.00 target price on Walmart in a research note on Tuesday, February 17th. Finally, Guggenheim boosted their target price on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $138.71.

Walmart News Summary

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: TD Cowen raised its price target on Walmart to $150 from $145 and kept a Buy rating, citing strong grocery traffic that could support sales momentum. TD Cowen Boosts Target on Walmart (WMT) Amid Strong Grocery Traffic
• Positive Sentiment: Walmart’s e-commerce business grew 26%, while ads and membership revenue continue to scale, supporting the company’s longer-term profit mix. Target vs. Walmart: Which Retail Stock Is the Better Buy After Earnings?
• Neutral Sentiment: Walmart is being added to the Russell 3000 elite/top 10 during the June reconstitution, which is notable for index investors but not a direct fundamental catalyst. Walmart Joins Russell 3000 Elite As Investors Weigh Q1 Shakeup
• Neutral Sentiment: Walmart launched a logistics program to streamline distribution and simplify supplier shipments, a cost-efficiency move that could help over time. Walmart Debuts Program to Streamline Distribution Network
• Negative Sentiment: Recent commentary continues to focus on Walmart’s post-earnings slide, with investors worried that fuel and other costs are squeezing margins and overshadowing growth. Walmart Sinks 8.1% Post Q1 Earnings: Exit WMT Stock or Stay Put?
• Negative Sentiment: RBC Capital trimmed its price target to $137 from $140 after Walmart’s in-line quarter and softer-than-expected guidance, reinforcing concerns about near-term earnings momentum. Walmart (WMT) – Among the Top 12 Picks for a Dividend Stock Portfolio For Retirement

Insider Buying and Selling

In related news, EVP John D. Rainey sold 20,000 shares of the company’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 of the company’s stock, valued at $62,203,571.56. This represents a 3.95% 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 Daniel J. Bartlett sold 1,250 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $133.77, for a total value of $167,212.50. Following the completion of the sale, the executive vice president directly owned 635,593 shares in the company, valued at approximately $85,023,275.61. The trade was a 0.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 106,592 shares of company stock valued at $13,436,513 over the last 90 days. 0.10% of the stock is currently owned by company insiders.

Walmart Price Performance

WMT opened at $118.54 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. Walmart Inc. has a 52-week low of $93.43 and a 52-week high of $135.15. The stock has a market capitalization of $944.88 billion, a PE ratio of 41.59, a price-to-earnings-growth ratio of 4.42 and a beta of 0.65. The stock’s 50 day moving average price is $126.36 and its 200-day moving average price is $120.53.

Walmart (NASDAQ:WMT) last issued its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. The company had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.61 earnings per share. 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 research analysts predict that Walmart Inc. will post 2.89 EPS for the current year.

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.