Targeted Financial Services LLC Takes $2.10 Million Position in Walmart Inc. $WMT

Targeted Financial Services LLC bought a new position in shares of Walmart Inc. (NASDAQ:WMT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 18,807 shares of the retailer’s stock, valued at approximately $2,095,000. Walmart makes up about 1.8% of Targeted Financial Services LLC’s investment portfolio, making the stock its 9th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of WMT. Entrust Financial LLC acquired a new stake in Walmart during the fourth quarter worth about $27,000. Beacon Financial Strategies CORP acquired a new position in shares of Walmart in the 4th quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC lifted its holdings in shares of Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after acquiring an additional 105 shares during the period. Clayton Financial Group LLC lifted its holdings in shares of Walmart by 193.0% during the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after acquiring an additional 193 shares during the period. Finally, Sankala Group LLC acquired a new stake in shares of Walmart during the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other news, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the sale, the director directly owned 4,174,579 shares in the company, valued at approximately $495,230,306.77. The trade was a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Christopher James Nicholas sold 2,900 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total value of $359,368.00. Following the completion of the transaction, the executive vice president directly owned 577,853 shares of the company’s stock, valued at $71,607,543.76. This represents a 0.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 117,246 shares of company stock worth $14,493,147 over the last three months. 0.09% of the stock is owned by corporate insiders.

Walmart Price Performance

Shares of NASDAQ:WMT opened at $117.18 on Friday. Walmart Inc. has a one year low of $94.23 and a one year high of $135.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The company has a market cap of $932.53 billion, a price-to-earnings ratio of 41.12, a PEG ratio of 4.37 and a beta of 0.59. The firm has a 50 day simple moving average of $124.61 and a 200 day simple moving average of $122.04.

Walmart (NASDAQ:WMT) last posted its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.66. The firm had revenue of $177.75 billion for 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 company’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Research analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on WMT shares. Tigress Financial restated a “buy” rating and set a $155.00 price objective (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. Erste Group Bank downgraded Walmart from a “buy” rating to a “hold” rating in a report on Friday, June 5th. UBS Group set a $141.00 price target on Walmart and gave the company a “buy” rating in a research note on Friday, May 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $137.00 price target (down from $140.00) on shares of Walmart in a report on Friday, May 22nd. Finally, Piper Sandler restated an “overweight” rating on shares of Walmart in a research report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average price target of $138.85.

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.