Gutierrez Wealth Advisory LLC Has $3.34 Million Stake in Walmart Inc. (NYSE:WMT)

Gutierrez Wealth Advisory LLC grew its position in Walmart Inc. (NYSE:WMTFree Report) by 0.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 38,021 shares of the retailer’s stock after buying an additional 167 shares during the period. Walmart accounts for approximately 2.7% of Gutierrez Wealth Advisory LLC’s investment portfolio, making the stock its 13th largest holding. Gutierrez Wealth Advisory LLC’s holdings in Walmart were worth $3,338,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of WMT. Vanguard Group Inc. raised its holdings in shares of Walmart by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer’s stock valued at $38,194,278,000 after purchasing an additional 2,050,683 shares during the last quarter. Geode Capital Management LLC lifted its position in Walmart by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer’s stock worth $8,167,186,000 after buying an additional 3,017,829 shares in the last quarter. Norges Bank bought a new position in shares of Walmart in the 4th quarter valued at about $5,737,355,000. Northern Trust Corp raised its holdings in Walmart by 8.9% during the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer’s stock worth $3,943,049,000 after acquiring an additional 3,550,037 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Walmart by 1.2% during the 4th quarter. Franklin Resources Inc. now owns 42,015,818 shares of the retailer’s stock worth $3,796,129,000 after purchasing an additional 514,036 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Down 0.6%

Walmart stock opened at $97.62 on Thursday. Walmart Inc. has a one year low of $66.67 and a one year high of $105.30. The stock has a fifty day moving average of $97.02 and a 200 day moving average of $94.31. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. The stock has a market cap of $779.05 billion, a PE ratio of 41.72, a price-to-earnings-growth ratio of 4.73 and a beta of 0.68.

Walmart (NYSE:WMTGet Free Report) last released its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.03. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The company had revenue of $165.61 billion for the quarter, compared to the consensus estimate of $164.53 billion. During the same period in the previous year, the business earned $0.60 earnings per share. Walmart’s quarterly revenue was up 2.5% compared to the same quarter last year. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were paid a dividend of $0.235 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart’s dividend payout ratio (DPR) is presently 40.17%.

Insider Activity

In related news, EVP Kathryn J. Mclay sold 28,000 shares of the company’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $97.00, for a total value of $2,716,000.00. Following the completion of the transaction, the executive vice president owned 1,064,455 shares of the company’s stock, valued at approximately $103,252,135. This represents a 2.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,148 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $96.58, for a total value of $2,815,113.84. Following the completion of the sale, the chief executive officer owned 4,451,199 shares of the company’s stock, valued at $429,896,799.42. The trade was a 0.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold 142,711 shares of company stock worth $13,710,319 over the last ninety days. Company insiders own 45.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on WMT. DA Davidson reiterated a “buy” rating and issued a $117.00 price target on shares of Walmart in a research note on Friday, May 16th. Tigress Financial boosted their price target on Walmart from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday. Mizuho lifted their target price on shares of Walmart from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday, June 9th. Evercore ISI raised their price target on shares of Walmart from $105.00 to $107.00 and gave the stock an “outperform” rating in a report on Wednesday, June 4th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $103.00 price objective (up from $102.00) on shares of Walmart in a research report on Monday, June 9th. Two equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.67.

Read Our Latest Stock Analysis on Walmart

About Walmart

(Free Report)

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.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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