Walmart Inc. $WMT Shares Sold by Qtron Investments LLC

Qtron Investments LLC reduced its position in Walmart Inc. (NASDAQ:WMTFree Report) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,296 shares of the retailer’s stock after selling 4,350 shares during the quarter. Walmart makes up approximately 0.7% of Qtron Investments LLC’s portfolio, making the stock its 19th biggest position. Qtron Investments LLC’s holdings in Walmart were worth $5,158,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Fox Run Management L.L.C. acquired a new position in Walmart in the 3rd quarter valued at about $1,709,000. Vise Technologies Inc. grew its position in Walmart by 42.1% in the 4th quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock valued at $30,676,000 after acquiring an additional 81,635 shares in the last quarter. Van ECK Associates Corp grew its position in Walmart by 2.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock valued at $104,182,000 after acquiring an additional 28,026 shares in the last quarter. Life Cycle Investment Partners Ltd acquired a new position in Walmart in the 4th quarter valued at about $40,855,000. Finally, Tennessee Valley Asset Management Partners grew its position in Walmart by 466.6% in the 3rd quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer’s stock valued at $1,375,000 after acquiring an additional 10,988 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Several research firms have weighed in on WMT. Deutsche Bank Aktiengesellschaft set a $120.00 target price on Walmart in a research report on Friday, February 20th. KeyCorp reiterated an “overweight” rating on shares of Walmart in a research note on Friday, May 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Walmart in a research note on Monday, April 20th. Freedom Capital upgraded Walmart from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 21st. Finally, Guggenheim lifted their price objective on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $138.85.

Check Out Our Latest Research Report on WMT

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,250 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $133.77, for a total transaction of $167,212.50. Following the completion of the sale, the executive vice president owned 635,593 shares in the company, valued at $85,023,275.61. The trade was a 0.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $123.92, for a total value of $359,368.00. Following the sale, the executive vice president owned 577,853 shares of the company’s stock, valued at approximately $71,607,543.76. The trade was a 0.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 117,008 shares of company stock valued at $14,492,704 over the last 90 days. Insiders own 0.09% of the company’s stock.

Walmart Stock Performance

Shares of WMT opened at $120.50 on Friday. The stock has a 50-day simple moving average of $125.36 and a 200-day simple moving average of $121.66. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The stock has a market capitalization of $958.95 billion, a PE ratio of 42.28, a PEG ratio of 4.50 and a beta of 0.59. Walmart Inc. has a 1 year low of $93.43 and a 1 year high of $135.15.

Walmart (NASDAQ:WMTGet Free Report) last posted its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. The firm had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. On average, analysts predict that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

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.

See Also

Institutional Ownership by Quarter for Walmart (NASDAQ:WMT)

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