Walmart Inc. (NYSE:WMT) Shares Acquired by Compton Wealth Advisory Group LLC

Compton Wealth Advisory Group LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 3.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 32,749 shares of the retailer’s stock after buying an additional 970 shares during the period. Compton Wealth Advisory Group LLC’s holdings in Walmart were worth $2,959,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Zions Bancorporation N.A. increased its stake in Walmart by 3.9% during the 2nd quarter. Zions Bancorporation N.A. now owns 5,789 shares of the retailer’s stock worth $392,000 after buying an additional 215 shares in the last quarter. William Blair Investment Management LLC increased its position in shares of Walmart by 307.8% during the second quarter. William Blair Investment Management LLC now owns 202,506 shares of the retailer’s stock worth $13,712,000 after purchasing an additional 152,845 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Walmart by 13.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,345,129 shares of the retailer’s stock valued at $429,629,000 after purchasing an additional 732,313 shares during the last quarter. Inspire Advisors LLC lifted its holdings in Walmart by 4.0% in the 2nd quarter. Inspire Advisors LLC now owns 6,540 shares of the retailer’s stock valued at $443,000 after purchasing an additional 249 shares in the last quarter. Finally, Lyell Wealth Management LP boosted its stake in Walmart by 1,177.0% during the 2nd quarter. Lyell Wealth Management LP now owns 74,156 shares of the retailer’s stock worth $5,021,000 after purchasing an additional 68,349 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the transaction, the chief executive officer now directly owns 3,843,929 shares of the company’s stock, valued at approximately $318,238,881.91. This trade represents a 0.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the sale, the senior vice president now directly owns 87,404 shares of the company’s stock, valued at $7,993,095.80. The trade was a 6.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 140,412 shares of company stock valued at $12,478,116. 45.58% of the stock is owned by corporate insiders.

Walmart Stock Down 1.4 %

Shares of NYSE:WMT traded down $1.30 during trading hours on Monday, reaching $91.70. The stock had a trading volume of 4,730,843 shares, compared to its average volume of 12,483,730. The stock has a market capitalization of $736.66 billion, a price-to-earnings ratio of 37.63, a P/E/G ratio of 4.47 and a beta of 0.55. The firm’s 50 day moving average is $90.38 and its 200-day moving average is $80.63. Walmart Inc. has a 1 year low of $53.44 and a 1 year high of $96.18. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85.

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

Analyst Upgrades and Downgrades

WMT has been the subject of several research reports. Robert W. Baird upped their price objective on shares of Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. StockNews.com cut shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. KeyCorp lifted their target price on shares of Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. Jefferies Financial Group increased their price target on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Finally, 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. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average price target of $94.08.

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.