Walmart Inc. (NYSE:WMT) Stock Position Decreased by Savant Capital LLC

Savant Capital LLC cut its position in shares of Walmart Inc. (NYSE:WMT) by 4.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 257,145 shares of the retailer’s stock after selling 12,042 shares during the period. Savant Capital LLC’s holdings in Walmart were worth $23,233,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fiduciary Advisors Inc. purchased a new stake in shares of Walmart during the 4th quarter worth about $27,000. Peterson Financial Group Inc. acquired a new position in shares of Walmart during the 3rd quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new position in shares of Walmart during the 4th quarter valued at about $32,000. Voisard Asset Management Group Inc. increased its holdings in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after acquiring an additional 174 shares during the last quarter. Finally, Livelsberger Financial Advisory acquired a new position in shares of Walmart during the 3rd quarter valued at about $36,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on WMT. Truist Financial increased their price objective on Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. TD Cowen increased their price objective on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Tigress Financial increased their price objective on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a report on Friday, December 13th. Morgan Stanley increased their price objective on Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Finally, UBS Group raised their target price on Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a report on Friday, January 31st. Two analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.95.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Wednesday, November 27th. The stock was 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 approximately $348,825,769.20. This trade represents a 0.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $92.00, for a total value of $1,207,500.00. Following the completion of the sale, the executive vice president now directly owns 579,915 shares of the company’s stock, valued at $53,352,180. This trade represents a 2.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 175,177 shares of company stock worth $16,403,728. 45.58% of the stock is currently owned by insiders.

Walmart Price Performance

Walmart stock opened at $102.77 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The company has a market capitalization of $825.62 billion, a PE ratio of 42.18, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55. Walmart Inc. has a one year low of $55.85 and a one year high of $103.11. The business has a 50 day simple moving average of $94.07 and a 200 day simple moving average of $84.36.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter in the previous year, the company posted $0.51 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, sell-side analysts forecast that Walmart Inc. will post 2.48 EPS for the current fiscal year.

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.