Walmart Inc. (NYSE:WMT) Holdings Lifted by Woodstock Corp

Woodstock Corp grew its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 140,663 shares of the retailer's stock after acquiring an additional 3,098 shares during the period. Walmart comprises approximately 1.2% of Woodstock Corp's holdings, making the stock its 22nd biggest holding. Woodstock Corp's holdings in Walmart were worth $12,709,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Goldstone Financial Group LLC raised its stake in shares of Walmart by 18.4% during the fourth quarter. Goldstone Financial Group LLC now owns 5,377 shares of the retailer's stock valued at $486,000 after purchasing an additional 834 shares during the period. KMG Fiduciary Partners LLC grew its holdings in Walmart by 1.3% during the 4th quarter. KMG Fiduciary Partners LLC now owns 19,478 shares of the retailer's stock valued at $1,760,000 after purchasing an additional 243 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in Walmart during the 4th quarter worth $32,000. Occidental Asset Management LLC lifted its holdings in Walmart by 1.4% in the 4th quarter. Occidental Asset Management LLC now owns 70,057 shares of the retailer's stock worth $6,330,000 after buying an additional 972 shares in the last quarter. Finally, Empirical Asset Management LLC boosted its position in Walmart by 30.7% in the 4th quarter. Empirical Asset Management LLC now owns 26,172 shares of the retailer's stock valued at $2,365,000 after buying an additional 6,151 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In related news, SVP David Chojnowski sold 5,600 shares of Walmart stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total value of $512,120.00. Following the transaction, the senior vice president now owns 87,404 shares of the company's stock, valued at approximately $7,993,095.80. This trade represents a 6.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business's stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $82.79, for a total value of $2,411,175.96. Following the sale, the chief executive officer now owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. The trade was a 0.75 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 140,177 shares of company stock valued at $12,478,149. 45.58% of the stock is owned by insiders.

Walmart Price Performance

Shares of Walmart stock traded up $0.72 on Friday, hitting $92.02. The company had a trading volume of 15,705,502 shares, compared to its average volume of 14,296,278. Walmart Inc. has a 52 week low of $53.44 and a 52 week high of $96.18. The company has a market cap of $739.19 billion, a PE ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55. The business has a 50-day simple moving average of $91.15 and a 200-day simple moving average of $81.27. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to analysts' expectations of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the firm earned $0.51 EPS. Research analysts expect that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of analyst reports. Roth Mkm lifted their target price on Walmart from $81.00 to $97.00 and gave the stock a "buy" rating in a research report on Wednesday, November 20th. BMO Capital Markets upped their target price on Walmart from $80.00 to $100.00 and gave the company an "outperform" rating in a research report on Monday, November 18th. Royal Bank of Canada reissued an "outperform" rating and set a $105.00 price target on shares of Walmart in a research report on Wednesday. Piper Sandler upped their target price on shares of Walmart from $83.00 to $93.00 and gave the company an "overweight" rating in a research note on Monday, November 18th. Finally, Bank of America boosted their price objective on Walmart from $95.00 to $105.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.49.

About Walmart

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.