Walmart Inc. (NYSE:WMT) Shares Purchased by Barr E S & Co.

Barr E S & Co. increased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 15.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,104 shares of the retailer's stock after acquiring an additional 3,553 shares during the period. Barr E S & Co.'s holdings in Walmart were worth $2,358,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of WMT. FPC Investment Advisory Inc. acquired a new position in Walmart during the fourth quarter valued at $25,000. Horizon Financial Services LLC raised its stake in shares of Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after purchasing an additional 262 shares in the last quarter. Fiduciary Advisors Inc. acquired a new position in Walmart in the fourth quarter worth approximately $27,000. Decker Retirement Planning Inc. acquired a new position in Walmart during the fourth quarter worth $32,000. Finally, Noble Wealth Management PBC bought a new position in Walmart during the fourth quarter valued at about $37,000. 26.76% of the stock is owned by institutional investors.

Insider Transactions at Walmart

In related news, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the completion of the sale, the executive vice president now directly owns 423,597 shares in the company, valued at $44,049,852.03. This trade represents a 0.38 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.62, for a total value of $2,697,464.88. Following the sale, the chief executive officer now directly owns 3,766,491 shares of the company's stock, valued at approximately $348,852,396.42. This represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 178,852 shares of company stock worth $16,785,080. 45.58% of the stock is currently owned by company insiders.

Remove Ads

Walmart Stock Performance

Shares of WMT traded up $0.99 during trading hours on Tuesday, hitting $95.72. The stock had a trading volume of 2,187,950 shares, compared to its average volume of 21,740,197. Walmart Inc. has a 12 month low of $58.56 and a 12 month high of $105.30. The stock has a fifty day moving average price of $92.27 and a 200 day moving average price of $90.06. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The firm has a market capitalization of $767.36 billion, a PE ratio of 39.72, a PEG ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.02. The company had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be paid a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.98%. Walmart's dividend payout ratio is 39.00%.

Analyst Upgrades and Downgrades

Several research analysts have commented on WMT shares. Robert W. Baird lifted their price target on Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. KeyCorp boosted their target price on Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Stifel Nicolaus reduced their price objective on Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. The Goldman Sachs Group restated a "buy" rating on shares of Walmart in a research note on Wednesday, March 26th. Finally, Barclays reissued an "overweight" rating on shares of Walmart in a report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $103.58.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.