Nikulski Financial Inc. Raises Position in Walmart Inc. (NYSE:WMT)

Nikulski Financial Inc. increased its holdings in Walmart Inc. (NYSE:WMT) by 1.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 34,387 shares of the retailer’s stock after buying an additional 585 shares during the period. Nikulski Financial Inc.’s holdings in Walmart were worth $3,107,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in WMT. Texas Capital Bank Wealth Management Services Inc purchased a new position in Walmart in the second quarter worth $270,000. Driehaus Capital Management LLC grew its position in Walmart by 25.2% in the second quarter. Driehaus Capital Management LLC now owns 13,461 shares of the retailer’s stock worth $911,000 after acquiring an additional 2,706 shares in the last quarter. Buck Wealth Strategies LLC bought a new stake in Walmart in the 2nd quarter worth approximately $7,440,000. Creative Planning lifted its position in Walmart by 4.7% in the 2nd quarter. Creative Planning now owns 1,717,367 shares of the retailer’s stock worth $116,283,000 after buying an additional 76,774 shares during the last quarter. Finally, Copperwynd Financial LLC bought a new stake in Walmart in the 2nd quarter worth approximately $865,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of WMT opened at $94.84 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The business’s 50 day moving average price is $92.02 and its 200-day moving average price is $82.21. Walmart Inc. has a 52 week low of $53.47 and a 52 week high of $96.18. The stock has a market cap of $761.90 billion, a P/E ratio of 38.92, a P/E/G ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The firm 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 business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.51 EPS. Equities research analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This trade represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the sale, 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 140,177 shares of company stock valued at $12,895,688 in the last quarter. 45.58% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on WMT shares. Barclays lifted their target price on shares of Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Oppenheimer lifted their target price on shares of Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. Truist Financial raised their price target on Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Telsey Advisory Group raised their price target on Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Finally, Jefferies Financial Group raised their price target on Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $94.69.

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.