Walmart Inc. $WMT Shares Sold by Entropy Technologies LP

Entropy Technologies LP trimmed its holdings in Walmart Inc. (NASDAQ:WMT) by 24.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 94,595 shares of the retailer’s stock after selling 31,320 shares during the period. Entropy Technologies LP’s holdings in Walmart were worth $10,539,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in WMT. Norges Bank acquired a new stake in shares of Walmart during the 4th quarter valued at approximately $6,458,529,000. AQR Capital Management LLC raised its position in shares of Walmart by 188.1% during the 3rd quarter. AQR Capital Management LLC now owns 11,663,172 shares of the retailer’s stock valued at $1,199,907,000 after acquiring an additional 7,614,172 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Walmart by 6.8% during the 4th quarter. Geode Capital Management LLC now owns 103,010,709 shares of the retailer’s stock valued at $11,426,753,000 after acquiring an additional 6,517,394 shares in the last quarter. Capital International Investors acquired a new stake in shares of Walmart during the 4th quarter valued at approximately $592,848,000. Finally, Vanguard Group Inc. raised its position in shares of Walmart by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 439,957,146 shares of the retailer’s stock valued at $49,015,626,000 after acquiring an additional 4,304,436 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In other Walmart news, CEO John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $124.08, for a total value of $1,628,550.00. Following the sale, the chief executive officer directly owned 661,037 shares of the company’s stock, valued at $82,021,470.96. This trade represents a 1.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP David W. Guggina sold 11,978 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total value of $1,435,203.96. Following the completion of the sale, the executive vice president directly owned 125,067 shares in the company, valued at $14,985,527.94. This 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 128,986 shares of company stock valued at $15,927,908 over the last three months. 0.09% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Wolfe Research reissued an “outperform” rating and set a $137.00 price target (up from $135.00) on shares of Walmart in a research report on Monday, May 11th. HSBC lowered Walmart from a “buy” rating to a “hold” rating and upped their price target for the company from $122.00 to $131.00 in a research report on Friday, February 20th. Evercore reissued an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. Tigress Financial reissued a “buy” rating and set a $155.00 price target (up from $150.00) on shares of Walmart in a research report on Friday, May 29th. Finally, Rothschild & Co Redburn set a $150.00 price target on Walmart in a research report on Tuesday, February 17th. One equities 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 company’s stock. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average target price of $138.85.

Walmart Price Performance

Shares of NASDAQ WMT opened at $121.04 on Friday. Walmart Inc. has a 1-year low of $93.62 and a 1-year high of $135.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. The business’s fifty day moving average price is $125.28 and its two-hundred day moving average price is $121.66. The firm has a market capitalization of $963.25 billion, a PE ratio of 42.47, a P/E/G ratio of 4.52 and a beta of 0.59.

Walmart (NASDAQ:WMT) last issued its earnings results on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion for the quarter, compared to analyst estimates of $174.84 billion. During the same period last year, the company earned $0.61 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. On average, research analysts expect that Walmart Inc. will post 2.89 EPS for the current year.

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.