HORAN Wealth LLC Boosts Stock Holdings in Walmart Inc. $WMT

HORAN Wealth LLC grew its stake in shares of Walmart Inc. (NASDAQ:WMT) by 55.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,544 shares of the retailer’s stock after buying an additional 29,184 shares during the quarter. Walmart accounts for approximately 0.9% of HORAN Wealth LLC’s portfolio, making the stock its 21st largest holding. HORAN Wealth LLC’s holdings in Walmart were worth $9,931,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after acquiring an additional 4,304,436 shares during the last quarter. State Street Corp lifted its position in Walmart by 1.2% in the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock valued at $19,046,104,000 after purchasing an additional 2,242,364 shares during the last quarter. Geode Capital Management LLC raised its holdings in Walmart by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after buying an additional 6,517,394 shares during the last quarter. Norges Bank purchased a new stake in Walmart during the 4th quarter valued at $6,458,529,000. Finally, Fisher Asset Management LLC boosted its position in Walmart by 0.8% during the 4th quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer’s stock valued at $4,526,238,000 after buying an additional 328,229 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 3,775 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $109.64, for a total transaction of $413,891.00. Following the completion of the transaction, the executive vice president owned 630,009 shares of the company’s stock, valued at approximately $69,074,186.76. This trade represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $124.08, for a total transaction of $1,628,550.00. Following the sale, the chief executive officer owned 661,037 shares in the company, valued at approximately $82,021,470.96. This trade represents a 1.95% 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. Insiders have sold a total of 87,145 shares of company stock worth $10,691,920 over the last quarter. Company insiders own 0.09% of the company’s stock.

Walmart Price Performance

Shares of NASDAQ WMT opened at $112.20 on Tuesday. Walmart Inc. has a 1 year low of $95.10 and a 1 year high of $135.15. The stock has a market capitalization of $892.90 billion, a P/E ratio of 39.37, a P/E/G ratio of 4.26 and a beta of 0.60. The company’s 50-day moving average is $118.51 and its 200 day moving average is $122.11. 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 (NASDAQ:WMT) last posted its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The business had revenue of $177.75 billion for the quarter, compared to analysts’ expectations of $174.84 billion. During the same period in the previous year, the firm posted $0.61 EPS. The business’s 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, sell-side analysts expect that Walmart Inc. will post 2.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Tigress Financial restated a “buy” rating and issued a $155.00 price objective (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. UBS Group set a $141.00 target price on Walmart and gave the stock a “buy” rating in a research note on Friday, May 22nd. Truist Financial set a $140.00 price target on Walmart in a report on Thursday, May 21st. TD Cowen reaffirmed a “buy” rating and set a $150.00 price target (up from $145.00) on shares of Walmart in a research report on Thursday, May 7th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Walmart in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $138.85.

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.