Segall Bryant & Hamill LLC Has $19.43 Million Stake in Walmart Inc. $WMT

Segall Bryant & Hamill LLC lowered its holdings in Walmart Inc. (NASDAQ:WMT) by 4.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 156,384 shares of the retailer’s stock after selling 7,872 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Walmart were worth $19,435,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. MFA Wealth Services grew its holdings in Walmart by 0.7% during the 1st quarter. MFA Wealth Services now owns 10,909 shares of the retailer’s stock worth $1,356,000 after acquiring an additional 80 shares during the last quarter. Realta Investment Advisors raised its stake in shares of Walmart by 2.0% in the first quarter. Realta Investment Advisors now owns 4,089 shares of the retailer’s stock worth $508,000 after acquiring an additional 81 shares during the last quarter. Compton Financial Group LLC raised its stake in shares of Walmart by 4.1% in the first quarter. Compton Financial Group LLC now owns 2,081 shares of the retailer’s stock worth $259,000 after acquiring an additional 82 shares during the last quarter. Renaissance Group LLC lifted its position in shares of Walmart by 0.9% during the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock worth $1,074,000 after purchasing an additional 83 shares in the last quarter. Finally, Calton & Associates Inc. lifted its position in shares of Walmart by 0.3% during the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock worth $3,033,000 after purchasing an additional 84 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

WMT has been the topic of several research analyst reports. BTIG Research reissued a “buy” rating and set a $145.00 price target on shares of Walmart in a research note on Wednesday, June 3rd. Sanford C. Bernstein set a $142.00 price objective on Walmart and gave the stock an “outperform” rating in a report on Friday. Mizuho set a $130.00 price objective on Walmart in a research report on Monday, July 27th. Truist Financial set a $140.00 price objective on Walmart in a research report on Thursday, May 21st. Finally, Morgan Stanley lifted their target price on Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $138.56.

Insider Activity at Walmart

In other news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the transaction, the director owned 4,174,579 shares of the company’s stock, valued at $495,230,306.77. This represents a 0.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the transaction, the executive vice president directly owned 125,067 shares in the company, valued at approximately $14,985,527.94. This trade represents a 8.74% 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. In the last ninety days, insiders have sold 67,729 shares of company stock worth $8,124,931. 0.09% of the stock is owned by company insiders.

Walmart Stock Up 0.1%

Shares of NASDAQ:WMT opened at $111.20 on Friday. Walmart Inc. has a one year low of $95.42 and a one year high of $135.15. The company has a 50 day moving average of $115.17 and a 200-day moving average of $121.93. 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 stock has a market cap of $884.94 billion, a price-to-earnings ratio of 39.02, a P/E/G ratio of 4.15 and a beta of 0.60.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.66. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The business had revenue of $177.75 billion during the quarter, compared to the consensus estimate of $174.84 billion. During the same period in the previous year, the firm posted $0.61 earnings per share. Walmart’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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, sell-side analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current year.

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.