LFG Wealth Partners LLC Makes New Investment in Walmart Inc. $WMT

LFG Wealth Partners LLC bought a new stake in shares of Walmart Inc. (NASDAQ:WMT) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 10,375 shares of the retailer’s stock, valued at approximately $1,156,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Renaissance Group LLC increased its stake in shares of Walmart by 0.9% in the fourth quarter. Renaissance Group LLC now owns 9,636 shares of the retailer’s stock worth $1,074,000 after buying an additional 83 shares during the last quarter. Calton & Associates Inc. raised its stake in Walmart by 0.3% during the fourth quarter. Calton & Associates Inc. now owns 27,220 shares of the retailer’s stock valued at $3,033,000 after buying an additional 84 shares in the last quarter. Advocacy Wealth Management LLC grew its position in shares of Walmart by 2.5% in the 4th quarter. Advocacy Wealth Management LLC now owns 3,392 shares of the retailer’s stock worth $378,000 after acquiring an additional 84 shares in the last quarter. Stockman Wealth Management Inc. raised its position in shares of Walmart by 3.5% during the 4th quarter. Stockman Wealth Management Inc. now owns 2,561 shares of the retailer’s stock valued at $285,000 after acquiring an additional 87 shares in the last quarter. Finally, Capstone Wealth Management LLC boosted its holdings in Walmart by 1.8% in the fourth quarter. Capstone Wealth Management LLC now owns 4,955 shares of the retailer’s stock worth $552,000 after purchasing an additional 89 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Walmart news, EVP David W. Guggina sold 11,978 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the transaction, the executive vice president owned 125,067 shares in the company, valued at $14,985,527.94. This trade represents a 8.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the business’s stock in a transaction on 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 sale, the executive vice president owned 120,203 shares of the company’s stock, valued at $14,300,550.91. The trade was a 8.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 128,986 shares of company stock worth $15,927,908 in the last 90 days. 0.09% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on WMT. Truist Financial set a $140.00 target price on shares of Walmart in a report on Thursday, May 21st. Jefferies Financial Group set a $145.00 price objective on shares of Walmart in a research report on Friday, February 20th. Craig Hallum set a $150.00 target price on Walmart in a research note on Friday, March 6th. Morgan Stanley increased their price target on Walmart from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $138.00 price target on shares of Walmart in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $138.85.

Walmart Price Performance

WMT opened at $120.82 on Tuesday. The firm has a market capitalization of $961.50 billion, a P/E ratio of 42.39, a PEG ratio of 4.52 and a beta of 0.60. The stock has a fifty day moving average of $125.18 and a 200-day moving average of $121.88. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12-month low of $93.62 and a 12-month high of $135.15.

Walmart (NASDAQ:WMT) last released 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 net margin of 3.13% and a return on equity of 21.25%. The firm had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same quarter in the prior year, the business earned $0.61 EPS. The company’s revenue for the quarter 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. Equities analysts forecast that Walmart Inc. will post 2.89 EPS for the current fiscal 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.