Bokf Na Reduces Stock Position in Walmart Inc. $WMT

Bokf Na lowered its stake in Walmart Inc. (NASDAQ:WMT) by 2.8% during the 4th quarter, HoldingsChannel reports. The firm owned 532,112 shares of the retailer’s stock after selling 15,564 shares during the period. Walmart comprises 0.9% of Bokf Na’s holdings, making the stock its 22nd largest position. Bokf Na’s holdings in Walmart were worth $59,283,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Walmart by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock worth $49,015,626,000 after purchasing an additional 4,304,436 shares during the last quarter. State Street Corp boosted its holdings in Walmart by 1.2% in the third quarter. State Street Corp now owns 184,805,978 shares of the retailer’s stock worth $19,046,104,000 after purchasing an additional 2,242,364 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Walmart by 1.6% in the third quarter. Fisher Asset Management LLC now owns 40,298,623 shares of the retailer’s stock worth $4,153,176,000 after purchasing an additional 634,211 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Walmart by 3.5% during the 3rd quarter. Legal & General Group Plc now owns 27,268,463 shares of the retailer’s stock worth $2,810,288,000 after acquiring an additional 934,468 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Walmart by 0.4% during the 3rd quarter. Raymond James Financial Inc. now owns 24,990,692 shares of the retailer’s stock worth $2,575,541,000 after acquiring an additional 93,459 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Piper Sandler reiterated an “overweight” rating on shares of Walmart in a research note on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft set a $120.00 price target on shares of Walmart in a research note on Friday, February 20th. Barclays reiterated an “overweight” rating and set a $125.00 price target (up from $108.00) on shares of Walmart in a research note on Thursday, January 8th. Craig Hallum set a $150.00 price target on shares of Walmart in a research note on Friday, March 6th. Finally, Jefferies Financial Group set a $145.00 price target on shares of Walmart in a research note on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $137.79.

Insider Activity at Walmart

In related news, EVP Latriece Watkins sold 10,000 shares of Walmart stock in a transaction on Friday, February 20th. The shares were sold at an average price of $121.46, for a total transaction of $1,214,600.00. Following the transaction, the executive vice president owned 108,294 shares in the company, valued at approximately $13,153,389.24. The trade was a 8.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John D. Rainey sold 20,000 shares of Walmart stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $127.79, for a total transaction of $2,555,800.00. Following the transaction, the executive vice president owned 486,764 shares in the company, valued at approximately $62,203,571.56. This trade represents a 3.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 167,195 shares of company stock worth $20,975,804 in the last 90 days. Company insiders own 0.10% of the company’s stock.

Walmart Stock Up 0.4%

WMT opened at $130.79 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. Walmart Inc. has a fifty-two week low of $91.89 and a fifty-two week high of $134.69. The firm’s fifty day moving average is $125.76 and its 200 day moving average is $117.90. The stock has a market cap of $1.04 trillion, a price-to-earnings ratio of 47.73, a price-to-earnings-growth ratio of 4.85 and a beta of 0.65.

Walmart (NASDAQ:WMT) last released its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The company had revenue of $190.66 billion for the quarter, compared to analysts’ expectations of $188.37 billion. During the same quarter in the previous year, the company earned $0.66 EPS. Walmart’s revenue for the quarter was up 5.6% on a year-over-year basis. 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, sell-side analysts forecast that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 11th will be paid 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 payout ratio is 36.13%.

Walmart Company 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.