Walmart Inc. (NYSE:WMT) Stock Position Increased by Stillwater Capital Advisors LLC

Stillwater Capital Advisors LLC increased its holdings in Walmart Inc. (NYSE:WMT) by 0.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 253,659 shares of the retailer’s stock after acquiring an additional 2,000 shares during the period. Walmart makes up about 2.8% of Stillwater Capital Advisors LLC’s holdings, making the stock its 9th largest holding. Stillwater Capital Advisors LLC’s holdings in Walmart were worth $22,918,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its stake in shares of Walmart by 3.2% in the second quarter. Pacer Advisors Inc. now owns 383,412 shares of the retailer’s stock valued at $25,961,000 after buying an additional 11,816 shares in the last quarter. Sei Investments Co. boosted its holdings in Walmart by 19.3% during the 2nd quarter. Sei Investments Co. now owns 1,541,659 shares of the retailer’s stock valued at $104,388,000 after acquiring an additional 249,232 shares during the period. Summit Trail Advisors LLC grew its position in Walmart by 27.3% in the 2nd quarter. Summit Trail Advisors LLC now owns 35,845 shares of the retailer’s stock valued at $2,427,000 after acquiring an additional 7,698 shares in the last quarter. Lavaca Capital LLC lifted its position in shares of Walmart by 1.6% during the second quarter. Lavaca Capital LLC now owns 20,745 shares of the retailer’s stock worth $1,405,000 after purchasing an additional 324 shares in the last quarter. Finally, Kowal Investment Group LLC boosted its stake in shares of Walmart by 4.6% in the second quarter. Kowal Investment Group LLC now owns 22,052 shares of the retailer’s stock valued at $1,493,000 after purchasing an additional 976 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the transaction, the chief executive officer now directly owns 3,843,929 shares of the company’s stock, valued at $318,238,881.91. This represents a 0.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP David Chojnowski sold 5,600 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the sale, the senior vice president now owns 87,404 shares of the company’s stock, valued at $7,993,095.80. This trade represents a 6.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 140,177 shares of company stock valued at $12,478,149 over the last quarter. Company insiders own 45.58% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on WMT shares. Truist Financial raised their price target on shares of Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Tigress Financial lifted their target price on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a report on Friday, December 13th. Melius Research began coverage on Walmart in a research report on Monday, September 23rd. They issued a “buy” rating and a $95.00 price target on the stock. Redburn Atlantic raised Walmart to a “strong-buy” rating in a research report on Monday, September 23rd. Finally, UBS Group raised their target price on shares of Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average price target of $94.49.

Walmart Stock Performance

Shares of WMT stock opened at $92.02 on Monday. The stock’s 50-day moving average price is $91.15 and its 200 day moving average price is $81.37. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $739.19 billion, a PE ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. Walmart Inc. has a 52-week low of $53.44 and a 52-week high of $96.18.

Walmart (NYSE:WMT) last released its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter last year, the business earned $0.51 EPS. The business’s revenue was up 5.5% on a year-over-year basis. As a group, equities research analysts forecast that Walmart Inc. will post 2.47 EPS for the current year.

About Walmart

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.