Dupont Capital Management Corp Has $19.50 Million Holdings in Walmart Inc. (NYSE:WMT)

Dupont Capital Management Corp cut its holdings in Walmart Inc. (NYSE:WMT) by 6.1% during the 4th quarter, HoldingsChannel reports. The fund owned 215,790 shares of the retailer’s stock after selling 13,918 shares during the quarter. Walmart accounts for approximately 1.8% of Dupont Capital Management Corp’s holdings, making the stock its 12th largest position. Dupont Capital Management Corp’s holdings in Walmart were worth $19,497,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of WMT. Point72 Hong Kong Ltd grew its stake in Walmart by 112.3% during the second quarter. Point72 Hong Kong Ltd now owns 49,863 shares of the retailer’s stock worth $3,376,000 after buying an additional 26,379 shares in the last quarter. AXA S.A. raised its holdings in Walmart by 4.6% in the 2nd quarter. AXA S.A. now owns 856,755 shares of the retailer’s stock valued at $58,011,000 after buying an additional 37,585 shares during the last quarter. AQR Capital Management LLC raised its holdings in Walmart by 5.1% in the 2nd quarter. AQR Capital Management LLC now owns 4,187,908 shares of the retailer’s stock valued at $283,563,000 after buying an additional 203,626 shares during the last quarter. Employees Retirement System of Texas raised its holdings in Walmart by 20.9% in the 2nd quarter. Employees Retirement System of Texas now owns 1,465,762 shares of the retailer’s stock valued at $99,247,000 after buying an additional 253,762 shares during the last quarter. Finally, Drucker Wealth 3.0 LLC acquired a new stake in Walmart during the 2nd quarter valued at approximately $275,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on WMT shares. Barclays increased their target price on shares of Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. Morgan Stanley lifted their price target on shares of Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a research report on Tuesday. Piper Sandler lifted their price target on shares of Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Evercore ISI raised their price objective on Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Finally, StockNews.com cut Walmart from a “strong-buy” rating to 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 issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $94.69.

Insider Buying and Selling

In other Walmart news, SVP David Chojnowski sold 5,600 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total value of $512,120.00. Following the completion of the sale, the senior vice president now owns 87,404 shares in the company, valued at approximately $7,993,095.80. The trade was a 6.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 97,928 shares of company stock worth $8,978,123 in the last quarter. 45.58% of the stock is owned by insiders.

Walmart Stock Up 0.6 %

Shares of NYSE WMT opened at $93.75 on Friday. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. 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 firm has a market capitalization of $753.12 billion, a price-to-earnings ratio of 38.47, a PEG ratio of 4.42 and a beta of 0.55. The business has a 50-day moving average of $91.62 and a 200-day moving average of $81.87.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.51 earnings per share. Sell-side analysts expect that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Walmart 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.