Walmart Inc. (NYSE:WMT) Shares Sold by E&G Advisors LP

E&G Advisors LP lessened its position in Walmart Inc. (NYSE:WMT) by 1.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,791 shares of the retailer’s stock after selling 200 shares during the period. E&G Advisors LP’s holdings in Walmart were worth $975,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Childress Capital Advisors LLC increased its holdings in shares of Walmart by 6.1% in the 4th quarter. Childress Capital Advisors LLC now owns 10,139 shares of the retailer’s stock valued at $916,000 after purchasing an additional 586 shares in the last quarter. Baltimore Washington Financial Advisors Inc. increased its holdings in shares of Walmart by 3.1% in the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 4,629 shares of the retailer’s stock valued at $418,000 after purchasing an additional 141 shares in the last quarter. Vantage Point Financial LLC purchased a new position in shares of Walmart in the 4th quarter valued at about $469,000. GDS Wealth Management increased its holdings in Walmart by 4.2% during the 4th quarter. GDS Wealth Management now owns 281,593 shares of the retailer’s stock valued at $25,442,000 after acquiring an additional 11,400 shares in the last quarter. Finally, Holistic Planning LLC increased its holdings in Walmart by 0.9% during the 4th quarter. Holistic Planning LLC now owns 20,013 shares of the retailer’s stock valued at $1,808,000 after acquiring an additional 175 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other news, SVP David Chojnowski sold 5,600 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total transaction of $512,120.00. Following the transaction, the senior vice president now directly owns 87,404 shares of the company’s stock, valued at approximately $7,993,095.80. The trade was a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was 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 approximately $348,825,769.20. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 175,177 shares of company stock valued at $16,403,728 over the last ninety days. Corporate insiders own 45.58% of the company’s stock.

Walmart Trading Up 1.7 %

Shares of WMT stock opened at $102.47 on Thursday. The stock has a market cap of $823.21 billion, a price-to-earnings ratio of 42.05, a price-to-earnings-growth ratio of 4.49 and a beta of 0.55. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. Walmart Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $102.58. The firm’s 50 day moving average price is $93.46 and its two-hundred day moving average price is $83.69.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating 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 net margin of 2.92% and a return on equity of 21.78%. Walmart’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.51 earnings per share. On average, analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Analyst Ratings Changes

WMT has been the subject of several recent research reports. Royal Bank of Canada restated an “outperform” rating and set a $105.00 target price on shares of Walmart in a report on Wednesday, January 15th. Roth Mkm raised their target price on shares of Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. DZ Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a report on Thursday, November 21st. Wells Fargo & Company raised their target price on shares of Walmart from $100.00 to $108.00 and gave the company an “overweight” rating in a report on Monday. Finally, Truist Financial raised their target price on shares of Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a report 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 issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.