Walmart Inc. (NYSE:WMT) Shares Purchased by Signet Investment Advisory Group Inc.

Signet Investment Advisory Group Inc. grew its stake in shares of Walmart Inc. (NYSE:WMT) by 0.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 80,649 shares of the retailer’s stock after purchasing an additional 187 shares during the quarter. Walmart comprises about 3.3% of Signet Investment Advisory Group Inc.’s portfolio, making the stock its 6th biggest holding. Signet Investment Advisory Group Inc.’s holdings in Walmart were worth $6,512,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Walmart by 199.4% in the first quarter. Vanguard Group Inc. now owns 411,745,334 shares of the retailer’s stock valued at $24,774,717,000 after buying an additional 274,229,968 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Walmart by 181.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer’s stock valued at $3,421,342,000 after acquiring an additional 36,625,314 shares during the last quarter. Swiss National Bank lifted its position in shares of Walmart by 187.4% during the 1st quarter. Swiss National Bank now owns 13,303,200 shares of the retailer’s stock worth $800,454,000 after buying an additional 8,674,100 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Walmart by 284.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 11,122,273 shares of the retailer’s stock valued at $669,227,000 after purchasing an additional 8,225,552 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of Walmart by 184.1% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 12,567,533 shares of the retailer’s stock valued at $756,188,000 after acquiring an additional 8,144,393 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In other Walmart news, major shareholder Alice L. Walton sold 2,709,163 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total transaction of $209,607,941.31. Following the sale, the insider now directly owns 630,501,148 shares in the company, valued at approximately $48,781,873,820.76. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Walmart news, major shareholder Alice L. Walton sold 2,709,163 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total value of $209,607,941.31. Following the completion of the transaction, the insider now owns 630,501,148 shares of the company’s stock, valued at approximately $48,781,873,820.76. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Daniel J. Bartlett sold 2,063 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $80.76, for a total transaction of $166,607.88. Following the completion of the sale, the executive vice president now owns 459,558 shares in the company, valued at $37,113,904.08. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,337,337 shares of company stock valued at $958,784,857 over the last 90 days. Corporate insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $82.51 on Friday. The business’s fifty day moving average is $79.09 and its 200 day moving average is $70.40. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46. The stock has a market cap of $663.67 billion, a price-to-earnings ratio of 35.26, a PEG ratio of 4.11 and a beta of 0.51. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $83.34.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. The company had revenue of $169.30 billion for the quarter, compared to analysts’ expectations of $168.56 billion. Walmart had a net margin of 2.34% and a return on equity of 21.72%. Walmart’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.61 EPS. Research analysts expect that Walmart Inc. will post 2.44 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on WMT. Truist Financial raised shares of Walmart from a “hold” rating to a “buy” rating and increased their target price for the company from $76.00 to $89.00 in a research report on Tuesday, September 24th. KeyCorp raised their target price on Walmart from $82.00 to $86.00 and gave the stock an “overweight” rating in a research note on Monday, October 14th. StockNews.com upgraded Walmart from a “buy” rating to a “strong-buy” rating in a report on Friday, August 16th. Robert W. Baird lifted their price objective on shares of Walmart from $82.00 to $90.00 and gave the company an “outperform” rating in a research note on Monday, September 30th. Finally, Telsey Advisory Group increased their target price on shares of Walmart from $82.00 to $92.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. One equities research analyst has rated the stock with a hold rating, twenty-nine have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $83.51.

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.