Walmart Inc. (NYSE:WMT) Shares Bought by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. grew its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 203,511 shares of the retailer's stock after acquiring an additional 9,185 shares during the quarter. Brown Brothers Harriman & Co.'s holdings in Walmart were worth $18,387,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of WMT. FPC Investment Advisory Inc. purchased a new position in Walmart in the 4th quarter worth $25,000. Fiduciary Advisors Inc. acquired a new position in shares of Walmart in the fourth quarter valued at about $27,000. Decker Retirement Planning Inc. acquired a new position in shares of Walmart in the fourth quarter valued at about $32,000. Noble Wealth Management PBC purchased a new position in shares of Walmart in the fourth quarter worth about $37,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of Walmart during the third quarter worth about $43,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the transaction, the chief executive officer now directly owns 3,972,517 shares of the company's stock, valued at $340,166,630.71. The trade was a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the transaction, the executive vice president now owns 460,705 shares in the company, valued at $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 176,652 shares of company stock worth $16,590,028 in the last quarter. Company insiders own 45.58% of the company's stock.

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Walmart Price Performance

Shares of NYSE WMT traded up $1.00 during mid-day trading on Tuesday, reaching $88.79. The company's stock had a trading volume of 8,892,512 shares, compared to its average volume of 20,221,141. The stock has a market capitalization of $711.84 billion, a P/E ratio of 36.86, a P/E/G ratio of 4.42 and a beta of 0.53. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30. The stock has a 50-day moving average of $94.54 and a two-hundred day moving average of $89.46. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82.

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

Walmart Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be paid a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio (DPR) is presently 39.00%.

Analyst Ratings Changes

A number of equities analysts have issued reports on WMT shares. Guggenheim reissued a "buy" rating and set a $100.00 price target on shares of Walmart in a research report on Monday, February 24th. Royal Bank of Canada reduced their target price on shares of Walmart from $109.00 to $107.00 and set an "outperform" rating for the company in a report on Friday, February 21st. Tigress Financial upped their price target on shares of Walmart from $86.00 to $115.00 and gave the company a "buy" rating in a report on Friday, December 13th. UBS Group reiterated a "buy" rating on shares of Walmart in a research note on Friday, February 28th. Finally, Robert W. Baird upped their target price on Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. Two equities research 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 company has an average rating of "Moderate Buy" and a consensus price target of $103.17.

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.