Walmart Inc. (NYSE:WMT) Shares Acquired by Geller Advisors LLC

Geller Advisors LLC boosted its stake in Walmart Inc. (NYSE:WMT) by 4.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 12,170 shares of the retailer’s stock after acquiring an additional 489 shares during the quarter. Geller Advisors LLC’s holdings in Walmart were worth $1,102,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. FPC Investment Advisory Inc. acquired a new position in Walmart in the 4th quarter valued at $25,000. Horizon Financial Services LLC grew its holdings in shares of Walmart by 1,007.7% during the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer’s stock worth $26,000 after buying an additional 262 shares in the last quarter. Fiduciary Advisors Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at about $27,000. Decker Retirement Planning Inc. purchased a new position in shares of Walmart in the fourth quarter worth about $32,000. Finally, Noble Wealth Management PBC acquired a new position in Walmart during the fourth quarter worth about $37,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on WMT shares. Wells Fargo & Company raised their target price on shares of Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Erste Group Bank downgraded Walmart from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 17th. Telsey Advisory Group restated an “outperform” rating and issued a $115.00 target price on shares of Walmart in a report on Thursday, April 10th. Roth Mkm reaffirmed a “buy” rating and issued a $108.00 target price (up from $97.00) on shares of Walmart in a research note on Friday, February 21st. Finally, Stifel Nicolaus lowered their price target on shares of Walmart from $93.00 to $91.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. Two investment analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $103.94.

Insider Transactions at Walmart

In related news, EVP Christopher James Nicholas sold 17,600 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $94.42, for a total value of $1,661,792.00. Following the transaction, the executive vice president now directly owns 348,357 shares of the company’s stock, valued at $32,891,867.94. This trade represents a 4.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $96.95, for a total transaction of $2,823,571.80. Following the completion of the sale, the chief executive officer now directly owns 3,558,247 shares of the company’s stock, valued at approximately $344,972,046.65. This trade represents a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 133,857 shares of company stock valued at $12,444,743. 45.58% of the stock is currently owned by corporate insiders.

Walmart Stock Performance

Shares of Walmart stock opened at $96.78 on Friday. The business has a 50-day simple moving average of $90.66 and a 200-day simple moving average of $91.91. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. Walmart Inc. has a one year low of $59.44 and a one year high of $105.30. The company has a market cap of $774.33 billion, a PE ratio of 40.16, a P/E/G ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The company had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. On average, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date is Friday, May 9th. Walmart’s dividend payout ratio (DPR) is 39.00%.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.