FSM Wealth Advisors LLC Acquires 1,159 Shares of Walmart Inc. (NYSE:WMT)

FSM Wealth Advisors LLC boosted its holdings in Walmart Inc. (NYSE:WMT) by 28.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,258 shares of the retailer’s stock after acquiring an additional 1,159 shares during the quarter. FSM Wealth Advisors LLC’s holdings in Walmart were worth $480,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. HHM Wealth Advisors LLC lifted its position in Walmart by 38.4% in the 4th quarter. HHM Wealth Advisors LLC now owns 18,460 shares of the retailer’s stock valued at $1,668,000 after acquiring an additional 5,119 shares in the last quarter. CFM Wealth Partners LLC lifted its position in shares of Walmart by 8.1% during the 4th quarter. CFM Wealth Partners LLC now owns 47,606 shares of the retailer’s stock worth $4,301,000 after buying an additional 3,553 shares in the last quarter. Adamsbrown Wealth Consultants LLC lifted its position in shares of Walmart by 0.7% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 20,256 shares of the retailer’s stock worth $1,830,000 after buying an additional 135 shares in the last quarter. Alterna Wealth Management Inc. lifted its position in shares of Walmart by 9.9% during the 4th quarter. Alterna Wealth Management Inc. now owns 5,563 shares of the retailer’s stock worth $503,000 after buying an additional 500 shares in the last quarter. Finally, Riggs Asset Managment Co. Inc. lifted its position in shares of Walmart by 0.6% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 75,331 shares of the retailer’s stock worth $6,823,000 after buying an additional 427 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

NYSE WMT opened at $100.92 on Wednesday. Walmart Inc. has a 52-week low of $55.85 and a 52-week high of $100.95. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The company has a market capitalization of $810.71 billion, a P/E ratio of 41.42, a P/E/G ratio of 4.49 and a beta of 0.55. The company has a fifty day moving average of $93.27 and a 200-day moving average of $83.48.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping 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 company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the previous year, the firm posted $0.51 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year. As a group, equities research analysts predict that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on WMT shares. Bank of America lifted their target price on shares of Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. 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. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Jefferies Financial Group raised their price target on shares of Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Finally, BMO Capital Markets raised their price target on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Two equities 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 data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $95.37.

Insider Transactions at Walmart

In other Walmart 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 value of $2,663,098.56. Following the completion of the sale, the chief executive officer now directly owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. The trade was a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert Edward Jr. Moritz purchased 5,446 shares of the stock in a transaction on Wednesday, November 27th. The stock was acquired at an average cost of $91.81 per share, with a total value of $499,997.26. Following the completion of the purchase, the director now directly owns 7,805 shares of the company’s stock, valued at $716,577.05. The trade was a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 137,177 shares of company stock valued at $12,649,328. Insiders own 45.58% of the company’s stock.

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.