Walmart Inc. (NYSE:WMT) Shares Bought by Fiducient Advisors LLC

Fiducient Advisors LLC grew its holdings in Walmart Inc. (NYSE:WMT) by 269.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,026 shares of the retailer’s stock after acquiring an additional 13,871 shares during the period. Fiducient Advisors LLC’s holdings in Walmart were worth $1,145,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Flynn Zito Capital Management LLC lifted its position in shares of Walmart by 3.9% during the fourth quarter. Flynn Zito Capital Management LLC now owns 1,636 shares of the retailer’s stock worth $258,000 after purchasing an additional 61 shares in the last quarter. ICW Investment Advisors LLC lifted its holdings in Walmart by 0.4% in the 4th quarter. ICW Investment Advisors LLC now owns 15,451 shares of the retailer’s stock worth $2,436,000 after buying an additional 62 shares in the last quarter. Bill Few Associates Inc. boosted its position in Walmart by 1.1% in the 4th quarter. Bill Few Associates Inc. now owns 5,806 shares of the retailer’s stock valued at $915,000 after buying an additional 64 shares during the last quarter. Rossmore Private Capital grew its stake in shares of Walmart by 0.3% during the fourth quarter. Rossmore Private Capital now owns 20,504 shares of the retailer’s stock valued at $3,232,000 after acquiring an additional 65 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC increased its position in shares of Walmart by 0.3% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 21,377 shares of the retailer’s stock worth $3,370,000 after acquiring an additional 65 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity

In related news, SVP David Chojnowski sold 8,791 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were sold at an average price of $68.00, for a total value of $597,788.00. Following the sale, the senior vice president now directly owns 94,415 shares in the company, valued at approximately $6,420,220. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Daniel J. Bartlett sold 2,398 shares of the stock in a transaction on Monday, July 15th. The stock was sold at an average price of $69.50, for a total value of $166,661.00. Following the completion of the transaction, the executive vice president now owns 463,871 shares in the company, valued at approximately $32,239,034.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP David Chojnowski sold 8,791 shares of the business’s stock in a transaction dated Wednesday, June 26th. The stock was sold at an average price of $68.00, for a total value of $597,788.00. Following the sale, the senior vice president now owns 94,415 shares in the company, valued at approximately $6,420,220. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,527,738 shares of company stock worth $953,190,060. Corporate insiders own 45.58% of the company’s stock.

Walmart Price Performance

NYSE:WMT traded down $0.07 during midday trading on Friday, hitting $70.75. 11,665,526 shares of the stock were exchanged, compared to its average volume of 12,789,591. The company has a market capitalization of $569.08 billion, a price-to-earnings ratio of 30.28, a P/E/G ratio of 4.08 and a beta of 0.50. The company has a current ratio of 0.80, a quick ratio of 0.23 and a debt-to-equity ratio of 0.48. Walmart Inc. has a one year low of $49.85 and a one year high of $71.33. The business has a 50-day moving average price of $66.96 and a two-hundred day moving average price of $61.20.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, May 16th. The retailer reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.08. Walmart had a return on equity of 21.57% and a net margin of 2.88%. The company had revenue of $161.50 billion for the quarter, compared to the consensus estimate of $159.57 billion. During the same quarter in the previous year, the business earned $0.49 EPS. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. Sell-side analysts predict that Walmart Inc. will post 2.43 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Truist Financial raised their price objective on Walmart from $60.00 to $64.00 and gave the company a “hold” rating in a research note on Friday, May 17th. UBS Group raised their price target on shares of Walmart from $63.00 to $69.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. StockNews.com raised shares of Walmart from a “buy” rating to a “strong-buy” rating in a report on Friday. Stifel Nicolaus raised their price objective on shares of Walmart from $69.00 to $71.00 and gave the stock a “hold” rating in a report on Tuesday, July 2nd. Finally, The Goldman Sachs Group boosted their target price on shares of Walmart from $64.33 to $73.00 and gave the stock a “buy” rating in a research report on Friday, May 17th. Three research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $71.09.

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.