Integrated Investment Consultants LLC grew its position in Walmart Inc. (NASDAQ:WMT – Free Report) by 114.2% during the 4th quarter, HoldingsChannel reports. The fund owned 25,346 shares of the retailer’s stock after purchasing an additional 13,512 shares during the period. Integrated Investment Consultants LLC’s holdings in Walmart were worth $2,824,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in WMT. Fox Run Management L.L.C. purchased a new position in shares of Walmart during the third quarter valued at $1,709,000. Vise Technologies Inc. lifted its stake in Walmart by 42.1% in the fourth quarter. Vise Technologies Inc. now owns 275,341 shares of the retailer’s stock worth $30,676,000 after acquiring an additional 81,635 shares during the period. Van ECK Associates Corp grew its holdings in Walmart by 2.9% during the 3rd quarter. Van ECK Associates Corp now owns 1,010,886 shares of the retailer’s stock worth $104,182,000 after acquiring an additional 28,026 shares in the last quarter. Life Cycle Investment Partners Ltd bought a new position in Walmart during the 4th quarter worth about $40,855,000. Finally, Tennessee Valley Asset Management Partners increased its position in Walmart by 466.6% during the 3rd quarter. Tennessee Valley Asset Management Partners now owns 13,343 shares of the retailer’s stock valued at $1,375,000 after purchasing an additional 10,988 shares during the period. Institutional investors own 26.76% of the company’s stock.
Insider Buying and Selling at Walmart
In other news, EVP Daniel J. Bartlett sold 1,385 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $119.83, for a total transaction of $165,964.55. Following the transaction, the executive vice president owned 633,784 shares in the company, valued at $75,946,336.72. This represents a 0.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $123.92, for a total transaction of $359,368.00. Following the completion of the transaction, the executive vice president directly owned 577,853 shares of the company’s stock, valued at $71,607,543.76. The trade was a 0.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 117,246 shares of company stock valued at $14,493,147. Insiders own 0.09% of the company’s stock.
Walmart Price Performance
Walmart (NASDAQ:WMT – Get Free Report) last announced its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same period in the prior year, the company posted $0.61 EPS. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. Equities research analysts forecast that Walmart Inc. will post 2.89 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have recently commented on WMT. Bank of America assumed coverage on shares of Walmart in a report on Friday, February 27th. They issued a “buy” rating and a $150.00 price target for the company. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research note on Monday, June 8th. Craig Hallum set a $150.00 price objective on shares of Walmart in a research note on Friday, March 6th. Wolfe Research reiterated an “outperform” rating and issued a $137.00 price target (up from $135.00) on shares of Walmart in a report on Monday, May 11th. Finally, Guggenheim raised their price objective on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $138.85.
Read Our Latest Stock Report on WMT
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.
Featured Stories
- Five stocks we like better than Walmart
- 3 Retail Winners Using Cash Flow to Stay Ahead
- 3 Tech ETFs That Could Bounce Back After the AI Selloff
- 3 Penny Stocks Under $5 Backed by Real Revenue Growth
- 3 Non-Pharma Firms That Could Benefit From the GLP-1 Trend
Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NASDAQ:WMT – Free Report).
Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.
