Gaddis Premier Wealth Advisors LLC Takes Position in Walmart Inc. $WMT

Gaddis Premier Wealth Advisors LLC bought a new stake in Walmart Inc. (NASDAQ:WMTFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,813 shares of the retailer’s stock, valued at approximately $648,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Entrust Financial LLC purchased a new stake in shares of Walmart in the fourth quarter valued at about $27,000. Redmont Wealth Advisors LLC purchased a new stake in Walmart during the third quarter worth about $30,000. Beacon Financial Strategies CORP purchased a new stake in Walmart during the fourth quarter worth about $30,000. Bay Harbor Wealth Management LLC boosted its holdings in Walmart by 57.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after buying an additional 105 shares in the last quarter. Finally, Clayton Financial Group LLC boosted its holdings in Walmart by 193.0% during the fourth quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock worth $33,000 after buying an additional 193 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of WMT opened at $119.83 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a market cap of $953.62 billion, a P/E ratio of 42.05, a PEG ratio of 4.44 and a beta of 0.60. The company has a 50-day moving average of $125.57 and a two-hundred day moving average of $121.33. Walmart Inc. has a 12-month low of $93.43 and a 12-month high of $135.15.

Walmart (NASDAQ:WMTGet Free Report) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. The company had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a net margin of 3.13% and a return on equity of 21.25%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.61 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, research analysts predict that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently commented on WMT. Evercore reissued an “outperform” rating on shares of Walmart in a report on Monday, May 18th. BTIG Research reissued a “buy” rating and set a $145.00 price objective on shares of Walmart in a report on Wednesday, June 3rd. KeyCorp reissued an “overweight” rating on shares of Walmart in a report on Friday, May 22nd. The Goldman Sachs Group reissued a “buy” rating and set a $138.00 price objective on shares of Walmart in a report on Friday, February 20th. Finally, HSBC downgraded shares of Walmart from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $122.00 to $131.00 in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $138.85.

Check Out Our Latest Research Report on Walmart

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Insider Activity at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,335 shares of Walmart stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $124.63, for a total transaction of $166,381.05. Following the completion of the transaction, the executive vice president owned 636,843 shares in the company, valued at approximately $79,369,743.09. The trade was a 0.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible 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 Walmart stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $121.96, for a total transaction of $1,600,725.00. Following the transaction, the chief executive officer owned 687,287 shares of the company’s stock, valued at approximately $83,821,522.52. The trade was a 1.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 117,008 shares of company stock valued at $14,492,704 in the last quarter. 0.09% of the stock is owned by corporate insiders.

Walmart Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Walmart (NASDAQ:WMT)

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