Robeco Institutional Asset Management B.V. Grows Stock Position in Walmart Inc. (NYSE:WMT)

Robeco Institutional Asset Management B.V. lifted its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 18.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,584,166 shares of the retailer's stock after acquiring an additional 546,917 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Walmart were worth $323,829,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Jennison Associates LLC raised its position in shares of Walmart by 479.6% during the third quarter. Jennison Associates LLC now owns 18,479,259 shares of the retailer's stock worth $1,492,200,000 after acquiring an additional 15,290,936 shares during the last quarter. FMR LLC raised its stake in shares of Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after purchasing an additional 7,200,004 shares during the period. International Assets Investment Management LLC lifted its position in shares of Walmart by 8,814.4% in the third quarter. International Assets Investment Management LLC now owns 6,963,218 shares of the retailer's stock worth $562,280,000 after purchasing an additional 6,885,106 shares in the last quarter. Geode Capital Management LLC raised its position in Walmart by 3.3% during the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock worth $7,048,465,000 after acquiring an additional 2,786,061 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer's stock worth $3,848,533,000 after purchasing an additional 2,107,197 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Performance

WMT stock traded down $0.68 during midday trading on Friday, reaching $97.97. 16,379,679 shares of the company's stock traded hands, compared to its average volume of 13,721,410. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock's 50-day moving average is $93.07 and its 200 day moving average is $83.10. The stock has a market cap of $787.00 billion, a P/E ratio of 40.20, a PEG ratio of 4.46 and a beta of 0.55. Walmart Inc. has a 52-week low of $55.04 and a 52-week high of $99.00.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The business had revenue of $169.59 billion for the quarter, compared to analysts' expectations of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.51 EPS. As a group, analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Truist Financial increased their target price on Walmart from $89.00 to $98.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. DZ Bank cut shares of Walmart from a "buy" rating to a "hold" rating and set a $91.00 price target on the stock. in a research report on Thursday, November 21st. Stifel Nicolaus boosted their target price on shares of Walmart from $89.00 to $94.00 and gave the company a "hold" rating in a research report on Tuesday, December 10th. Sanford C. Bernstein boosted their price objective on Walmart from $98.00 to $102.00 and gave the company an "outperform" rating in a report on Wednesday, November 20th. Finally, Guggenheim lifted their price target on Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $95.11.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the transaction, the chief executive officer now owns 3,814,805 shares in the company, valued at approximately $348,825,769.20. This trade represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the completion of the transaction, the executive vice president now directly owns 568,626 shares of the company's stock, valued at $52,859,472.96. This trade represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 137,177 shares of company stock worth $12,649,328 over the last three months. 45.58% of the stock is owned by insiders.

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.