Hilltop Holdings Inc. reduced its stake in Walmart Inc. (NASDAQ:WMT – Free Report) by 54.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 64,848 shares of the retailer’s stock after selling 76,543 shares during the period. Walmart accounts for 0.7% of Hilltop Holdings Inc.’s holdings, making the stock its 19th biggest holding. Hilltop Holdings Inc.’s holdings in Walmart were worth $8,059,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Walmart by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after buying an additional 4,304,436 shares during the period. State Street Corp raised its stake in Walmart by 1.2% during the 3rd quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after buying an additional 2,242,364 shares during the period. Geode Capital Management LLC raised its stake in Walmart by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock worth $11,426,753,000 after buying an additional 6,517,394 shares during the period. Norges Bank bought a new position in Walmart in the fourth quarter worth approximately $6,458,529,000. Finally, Fisher Asset Management LLC grew its stake in Walmart by 0.8% in the fourth quarter. Fisher Asset Management LLC now owns 40,626,852 shares of the retailer’s stock valued at $4,526,238,000 after acquiring an additional 328,229 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.
Insiders Place Their Bets
In related news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the completion of the sale, the director directly owned 4,174,579 shares of the company’s stock, valued at approximately $495,230,306.77. This represents a 0.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $119.82, for a total value of $1,435,203.96. Following the transaction, the executive vice president owned 125,067 shares in the company, valued at approximately $14,985,527.94. This trade represents a 8.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 67,729 shares of company stock worth $8,124,931 in the last three months. 0.09% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Read Our Latest Research Report on Walmart
Key Headlines Impacting Walmart
Here are the key news stories impacting Walmart this week:
- Positive Sentiment: Royal Bank of Canada reportedly reaffirmed an Outperform rating on Walmart, a supportive signal that may help bolster investor confidence. Walmart (NASDAQ:WMT) Earns Outperform Rating from Royal Bank Of Canada
- Positive Sentiment: Walmart was highlighted as a wide-moat, sustainable growth stock, reinforcing the view that it can keep delivering steady results even in choppy markets. Top Wide-Moat Stocks to Invest in for Sustainable Growth
- Positive Sentiment: Walmart partnered with ReturnPro to refurbish and resell returned products, which could improve e-commerce efficiency and reduce losses from returns. Walmart (WMT) Partners With ReturnPro To Resell Returned Products
- Positive Sentiment: Coverage suggesting Walmart may be a solid growth stock could keep investors focused on its durable financial performance and scale advantages. Is Walmart (WMT) a Solid Growth Stock? 3 Reasons to Think “Yes”
- Neutral Sentiment: Investors are closely watching Walmart ahead of earnings, with previews focusing on what the company may report rather than providing a fresh catalyst by themselves. Walmart’s quarterly earnings preview: What you need to know
- Neutral Sentiment: Walmart being one of Zacks’ most-searched stocks indicates strong investor interest, but not necessarily a direct fundamental driver. Investors Heavily Search Walmart Inc. (WMT): Here is What You Need to Know
- Neutral Sentiment: Articles discussing Walmart’s dividend profile may appeal to income investors, but they are unlikely to move the stock on their own. Does Walmart pay dividends? Its yield & payouts explained
- Negative Sentiment: One article noted Walmart’s extended share-price weakness and suggested the stock could be in a comeback setup, reflecting lingering concern after a recent downtrend. Walmart stock’s extended downturn could trigger a possible comeback
- Negative Sentiment: A bearish comparison piece argued investors might prefer another stock over WMT, citing weaker recent share performance and softer quarterly results. 3 Reasons to Sell WMT and 1 Stock to Buy Instead
Walmart Stock Performance
Shares of WMT opened at $109.47 on Friday. The firm has a market capitalization of $871.17 billion, a P/E ratio of 38.41, a P/E/G ratio of 4.04 and a beta of 0.60. Walmart Inc. has a 52 week low of $95.42 and a 52 week high of $135.15. The stock has a 50 day moving average price of $116.75 and a two-hundred day moving average price of $121.97. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77.
Walmart (NASDAQ:WMT – Get Free Report) last posted its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.66. The company had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the company 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. Equities analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.
Walmart Profile
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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