Tcfg Wealth Management LLC Boosts Stock Holdings in Walmart Inc. $WMT

Tcfg Wealth Management LLC grew its position in Walmart Inc. (NASDAQ:WMT) by 117.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,697 shares of the retailer’s stock after buying an additional 5,244 shares during the quarter. Tcfg Wealth Management LLC’s holdings in Walmart were worth $999,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in WMT. Brighton Jones LLC grew its holdings in shares of Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock worth $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock worth $800,000 after acquiring an additional 485 shares during the last quarter. Peterson Wealth Management grew its stake in Walmart by 3.5% during the 1st quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock valued at $4,416,000 after acquiring an additional 1,715 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock valued at $1,272,000 after acquiring an additional 116 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its holdings in Walmart by 1.2% in the 2nd quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after acquiring an additional 1,048 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WMT has been the topic of several recent research reports. BMO Capital Markets restated an “outperform” rating on shares of Walmart in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Walmart in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft set a $120.00 price objective on Walmart in a research report on Friday, February 20th. Craig Hallum set a $150.00 price objective on Walmart in a research note on Friday, March 6th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $135.00 target price on shares of Walmart in a research note on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $135.76.

Insider Activity

In other Walmart news, CEO John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $129.10, for a total transaction of $1,694,437.50. Following the completion of the sale, the chief executive officer directly owned 591,084 shares in the company, valued at $76,308,944.40. This trade represents a 2.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Latriece Watkins sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $121.46, for a total transaction of $1,214,600.00. Following the completion of the transaction, the executive vice president owned 108,294 shares in the company, valued at approximately $13,153,389.24. This represents a 8.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 278,278 shares of company stock worth $33,974,118. 0.10% of the stock is currently owned by corporate insiders.

Walmart Stock Down 0.7%

Shares of NASDAQ WMT opened at $125.08 on Wednesday. The company has a market capitalization of $996.91 billion, a P/E ratio of 45.65, a P/E/G ratio of 4.69 and a beta of 0.66. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.79 and a quick ratio of 0.24. The company has a 50 day simple moving average of $123.64 and a 200-day simple moving average of $112.47. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $134.69.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, February 19th. The retailer reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. The firm had revenue of $190.66 billion for the quarter, compared to analysts’ expectations of $188.37 billion. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.66 earnings per share. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be issued a dividend of $0.2475 per share. The ex-dividend date is Friday, December 11th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. Walmart’s dividend payout ratio is currently 36.13%.

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.