Stone Wealth Partners Invests $1.03 Million in Walmart Inc. $WMT

Stone Wealth Partners purchased a new stake in shares of Walmart Inc. (NASDAQ:WMT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,200 shares of the retailer’s stock, valued at approximately $1,027,000. Walmart accounts for about 0.9% of Stone Wealth Partners’ portfolio, making the stock its 29th biggest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Renaissance Group LLC lifted its position in Walmart by 0.9% during the 4th quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock valued at $1,074,000 after purchasing an additional 83 shares during the period. Calton & Associates Inc. grew its position in shares of Walmart by 0.3% during the 4th quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock worth $3,033,000 after buying an additional 84 shares during the period. Advocacy Wealth Management LLC grew its position in shares of Walmart by 2.5% during the 4th quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock worth $378,000 after buying an additional 84 shares during the period. Stockman Wealth Management Inc. raised its stake in shares of Walmart by 3.5% during the fourth quarter. Stockman Wealth Management Inc. now owns 2,561 shares of the retailer’s stock worth $285,000 after buying an additional 87 shares during the last quarter. Finally, Capstone Wealth Management LLC lifted its holdings in Walmart by 1.8% in the fourth quarter. Capstone Wealth Management LLC now owns 4,955 shares of the retailer’s stock valued at $552,000 after buying an additional 89 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WMT has been the subject of a number of analyst reports. HSBC lowered shares of Walmart from a “buy” rating to a “hold” rating and lifted their target price for the stock from $122.00 to $131.00 in a report on Friday, February 20th. KeyCorp restated an “overweight” rating on shares of Walmart in a research report on Friday, May 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $138.00 price objective on shares of Walmart in a research note on Friday, February 20th. Freedom Capital upgraded Walmart from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Walmart in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.85.

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 1,385 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $119.83, for a total value of $165,964.55. Following the completion of the sale, the executive vice president directly owned 633,784 shares in the company, valued at $75,946,336.72. This represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 Walmart stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $118.97, for a total value of $1,308,670.00. Following the transaction, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. This trade represents a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 117,246 shares of company stock valued at $14,493,147. 0.09% of the stock is owned by company insiders.

Walmart Stock Performance

WMT opened at $117.18 on Friday. The firm’s fifty day moving average is $124.61 and its two-hundred day moving average is $122.04. The firm has a market cap of $932.53 billion, a PE ratio of 41.12, a price-to-earnings-growth ratio of 4.37 and a beta of 0.59. Walmart Inc. has a twelve month low of $94.23 and a twelve month high of $135.15. 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 (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. The business had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.61 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities research analysts anticipate that Walmart Inc. will post 2.89 EPS for the current 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.