Sanctuary Advisors LLC Lowers Stock Holdings in Walmart Inc. $WMT

Sanctuary Advisors LLC trimmed its stake in shares of Walmart Inc. (NASDAQ:WMT) by 3.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,130,844 shares of the retailer’s stock after selling 44,118 shares during the quarter. Walmart makes up 0.8% of Sanctuary Advisors LLC’s investment portfolio, making the stock its 18th largest position. Sanctuary Advisors LLC’s holdings in Walmart were worth $140,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Sigma Planning Corp lifted its position in Walmart by 3.6% in the first quarter. Sigma Planning Corp now owns 116,180 shares of the retailer’s stock valued at $14,440,000 after purchasing an additional 4,064 shares during the last quarter. Cornerstone Advisory LLC boosted its stake in shares of Walmart by 1.4% during the first quarter. Cornerstone Advisory LLC now owns 15,283 shares of the retailer’s stock valued at $1,899,000 after purchasing an additional 204 shares during the period. Conservest Capital Advisors Inc. grew its holdings in shares of Walmart by 3.3% in the first quarter. Conservest Capital Advisors Inc. now owns 4,488 shares of the retailer’s stock worth $558,000 after purchasing an additional 144 shares during the last quarter. Adell Harriman & Carpenter Inc. grew its holdings in shares of Walmart by 0.7% in the first quarter. Adell Harriman & Carpenter Inc. now owns 189,964 shares of the retailer’s stock worth $23,609,000 after purchasing an additional 1,322 shares during the last quarter. Finally, Checchi Capital Advisers LLC increased its stake in shares of Walmart by 3.6% in the first quarter. Checchi Capital Advisers LLC now owns 57,077 shares of the retailer’s stock worth $7,094,000 after buying an additional 1,997 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Performance

Walmart stock opened at $113.70 on Wednesday. Walmart Inc. has a fifty-two week low of $94.43 and a fifty-two week high of $135.15. The stock’s 50 day simple moving average is $119.80 and its two-hundred day simple moving average is $122.07. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The stock has a market cap of $904.83 billion, a price-to-earnings ratio of 39.89, a PEG ratio of 4.28 and a beta of 0.60.

Walmart (NASDAQ:WMT) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. During the same quarter in the prior year, the company earned $0.61 EPS. The business’s revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on WMT. Tigress Financial reiterated a “buy” rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Truist Financial set a $140.00 price target on shares of Walmart in a report on Thursday, May 21st. Evercore reiterated an “outperform” rating on shares of Walmart in a report on Monday, May 18th. TD Cowen reiterated a “buy” rating and issued a $150.00 price objective (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. Finally, Piper Sandler reissued an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $138.85.

Insider Transactions at Walmart

In related news, EVP Daniel J. Bartlett sold 3,775 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the transaction, the executive vice president owned 630,009 shares in the company, valued at $69,074,186.76. The trade was a 0.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $118.97, for a total transaction of $1,308,670.00. Following the completion of the transaction, the executive vice president owned 120,203 shares in the company, valued at approximately $14,300,550.91. The trade was a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 103,170 shares of company stock valued at $12,692,133. 0.09% of the stock is currently owned by corporate insiders.

Trending Headlines about Walmart

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart continues to benefit from strong momentum in higher-margin businesses such as advertising, membership, and e-commerce, which are growing faster than its core store operations and supporting the long-term growth story. Where Will Walmart Stock Be in 5 Years?
• Positive Sentiment: Walmart just announced its 53rd dividend increase, reinforcing its appeal as a defensive, income-producing stock for investors looking for steady cash returns. Walmart just declared its 53rd dividend increase
• Positive Sentiment: Recent coverage also highlights Walmart+ membership growth and faster delivery as drivers of recurring revenue and deeper customer engagement, which could help sustain sales momentum. Can Walmart+ Membership Keep WMT’s Growth Momentum Alive?

About Walmart

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.