Walmart Inc. (NYSE:WMT) Stock Holdings Raised by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lifted its stake in shares of Walmart Inc. (NYSE:WMT) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,309 shares of the retailer’s stock after purchasing an additional 1,643 shares during the period. Silver Oak Securities Incorporated’s holdings in Walmart were worth $3,289,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Brophy Wealth Management LLC bought a new stake in shares of Walmart during the 3rd quarter valued at about $2,072,000. Bank of New Hampshire boosted its stake in Walmart by 13.7% in the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after acquiring an additional 5,786 shares during the period. Iowa State Bank grew its holdings in shares of Walmart by 213.8% during the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after purchasing an additional 18,263 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of 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 period. Finally, Virtu Financial LLC bought a new stake in shares of Walmart in the 3rd quarter worth approximately $541,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were 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 directly owns 3,814,805 shares in the company, valued at $348,825,769.20. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert Edward Jr. Moritz acquired 5,446 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average price of $91.81 per share, with a total value of $499,997.26. Following the completion of the acquisition, the director now owns 7,805 shares of the company’s stock, valued at $716,577.05. This represents a 230.86 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 175,177 shares of company stock valued at $16,403,728 over the last quarter. Company insiders own 45.58% of the company’s stock.

Walmart Trading Down 1.6 %

Shares of WMT opened at $101.17 on Friday. The business’s 50-day moving average price is $93.89 and its 200 day moving average price is $83.95. 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 has a market capitalization of $812.73 billion, a P/E ratio of 41.52, a P/E/G ratio of 4.49 and a beta of 0.55. Walmart Inc. has a 1-year low of $55.85 and a 1-year high of $103.11.

Walmart (NYSE:WMT) last released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the previous year, the business earned $0.51 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. Analysts expect that Walmart Inc. will post 2.48 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on WMT. Robert W. Baird increased their target price on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. UBS Group lifted their price objective on shares of Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a research report on Friday, January 31st. Piper Sandler upped their target price on shares of Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Truist Financial lifted their price target on Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, KeyCorp increased their price objective on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $96.01.

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.