6,720 Shares in Walmart Inc. $WMT Purchased by Scarborough Advisors LLC

Scarborough Advisors LLC acquired a new stake in shares of Walmart Inc. (NASDAQ:WMT) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,720 shares of the retailer’s stock, valued at approximately $835,000.

Other large investors also recently added to or reduced their stakes in the company. Entrust Financial LLC purchased a new position in shares of Walmart during the fourth quarter worth approximately $27,000. Merkkuri Wealth Advisors LLC bought a new position in Walmart in the first quarter worth approximately $29,000. Beacon Financial Strategies CORP bought a new position in Walmart in the fourth quarter worth approximately $30,000. Bay Harbor Wealth Management LLC increased its holdings in Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after purchasing an additional 105 shares during the period. Finally, Clayton Financial Group LLC raised its position in Walmart by 193.0% during the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after purchasing an additional 193 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WMT has been the subject of several research reports. TD Cowen reiterated a “buy” rating and issued a $150.00 target price (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Sanford C. Bernstein restated an “outperform” rating on shares of Walmart in a report on Monday, June 8th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Walmart in a research note on Friday, May 22nd. Truist Financial set a $140.00 target price on shares of Walmart in a report on Thursday, May 21st. Finally, BTIG Research reissued a “buy” rating and set a $145.00 target price on shares of Walmart in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $138.85.

Insider Transactions at Walmart

In other news, Director C Douglas Mcmillon sold 19,416 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $132.21, for a total value of $2,566,989.36. Following the completion of the transaction, the director directly owned 4,193,995 shares in the company, valued at $554,488,078.95. This trade represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Daniel J. Bartlett sold 3,775 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $109.64, for a total value of $413,891.00. Following the completion of the sale, the executive vice president owned 630,009 shares in the company, valued at approximately $69,074,186.76. This represents a 0.60% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 87,145 shares of company stock valued at $10,691,920. 0.09% of the stock is owned by company insiders.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: June U.S. retail sales held up, suggesting consumers are still spending as Walmart heads into the back-to-school season; that could support traffic and sales volumes if the company remains aggressive on pricing. Retail Sales Hold Up as Walmart and Amazon Go Back to School
• Neutral Sentiment: Walmart is also being discussed in multiple market and analyst roundups, with commentary focusing on its strong digital growth and role as a defensive stock, but these pieces do not appear to include a major new business update. Walmart Commands a 36.74X Forward P/E: Is the Stock Worth Buying?
• Neutral Sentiment: An article about AI and retail highlighted that Walmart is investing in automation while still emphasizing workers, which reinforces its long-term strategy but is unlikely to move the stock on its own. Walmart’s people chief says these 10 jobs are still hot in the age of AI
• Negative Sentiment: Some analysts argue Walmart’s premium valuation leaves limited room for disappointment, with one note saying momentum alone may not justify the stock’s high forward P/E. Walmart’s Momentum Cannot Justify The Premium
• Negative Sentiment: Walmart has also been the subject of bearish commentary saying the recent sell-off may not be over, adding to investor caution around the shares. Walmart: The Sell-Off Isn’t Over Yet (Rating Upgrade)

Walmart Price Performance

Shares of WMT opened at $114.24 on Monday. The firm has a market capitalization of $909.13 billion, a PE ratio of 40.08, a price-to-earnings-growth ratio of 4.26 and a beta of 0.60. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $94.43 and a 1-year high of $135.15. The company’s fifty day moving average price is $118.82 and its 200-day moving average price is $122.11.

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

Walmart Profile

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.