Shrier Wealth Management LLC Purchases New Stake in Walmart Inc. $WMT

Shrier Wealth Management LLC acquired a new position in shares of Walmart Inc. (NASDAQ:WMT) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 31,490 shares of the retailer’s stock, valued at approximately $3,508,000. Walmart makes up about 1.4% of Shrier Wealth Management LLC’s holdings, making the stock its 19th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brady Martz Wealth Solutions LLC boosted its stake in Walmart by 237.8% in the fourth quarter. Brady Martz Wealth Solutions LLC now owns 7,648 shares of the retailer’s stock valued at $852,000 after acquiring an additional 5,384 shares during the last quarter. Jamison Private Wealth Management Inc. increased its stake in shares of Walmart by 0.6% during the 4th quarter. Jamison Private Wealth Management Inc. now owns 73,036 shares of the retailer’s stock worth $8,137,000 after purchasing an additional 419 shares during the last quarter. Shum Financial Group Inc. raised its holdings in shares of Walmart by 2.6% in the 4th quarter. Shum Financial Group Inc. now owns 22,510 shares of the retailer’s stock worth $2,508,000 after purchasing an additional 570 shares during the period. Parkwoods Wealth Partners LLC raised its holdings in shares of Walmart by 62.8% in the 4th quarter. Parkwoods Wealth Partners LLC now owns 5,741 shares of the retailer’s stock worth $640,000 after purchasing an additional 2,214 shares during the period. Finally, Stewardship Advisors LLC lifted its stake in Walmart by 3.3% in the fourth quarter. Stewardship Advisors LLC now owns 4,565 shares of the retailer’s stock valued at $509,000 after purchasing an additional 147 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Trading Up 0.4%

NASDAQ:WMT opened at $124.74 on Thursday. The company has a market cap of $994.48 billion, a P/E ratio of 45.53, a P/E/G ratio of 4.63 and a beta of 0.66. The stock’s fifty day moving average price is $124.65 and its two-hundred day moving average price is $114.05. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $134.69. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24.

Walmart (NASDAQ:WMT) last announced its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company had revenue of $190.66 billion during the quarter, compared to analysts’ expectations of $188.37 billion. During the same period in the previous year, the business earned $0.66 earnings per share. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 11th will be issued a dividend of $0.2475 per share. This represents a $0.99 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, December 11th. Walmart’s payout ratio is presently 36.13%.

Insider Activity

In related news, EVP Christopher James Nicholas sold 34,082 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $122.00, for a total transaction of $4,158,004.00. Following the completion of the transaction, the executive vice president owned 533,466 shares of the company’s stock, valued at approximately $65,082,852. The trade was a 6.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Latriece Watkins sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $121.46, for a total transaction of $1,214,600.00. Following the sale, the executive vice president directly owned 108,294 shares in the company, valued at $13,153,389.24. This trade represents a 8.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 274,278 shares of company stock valued at $33,825,793. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. HSBC lowered Walmart from a “buy” rating to a “hold” rating and increased their price objective for the company from $122.00 to $131.00 in a report on Friday, February 20th. BTIG Research restated a “buy” rating and issued a $140.00 target price on shares of Walmart in a research note on Friday, February 20th. Barclays reiterated an “overweight” rating and set a $125.00 price target (up from $108.00) on shares of Walmart in a research note on Thursday, January 8th. Jefferies Financial Group set a $145.00 price objective on Walmart in a report on Friday, February 20th. Finally, KeyCorp restated an “overweight” rating and issued a $145.00 price objective (up from $128.00) on shares of Walmart in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $135.76.

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.