Venture Visionary Partners LLC Has $24.97 Million Position in Walmart Inc. $WMT

Venture Visionary Partners LLC increased its position in shares of Walmart Inc. (NASDAQ:WMT) by 3.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 223,221 shares of the retailer’s stock after purchasing an additional 7,447 shares during the quarter. Walmart comprises approximately 0.8% of Venture Visionary Partners LLC’s portfolio, making the stock its 24th biggest holding. Venture Visionary Partners LLC’s holdings in Walmart were worth $24,972,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in WMT. Entrust Financial LLC acquired a new stake in Walmart during the 4th quarter worth approximately $27,000. Redmont Wealth Advisors LLC acquired a new stake in Walmart during the 3rd quarter worth approximately $30,000. Beacon Financial Strategies CORP acquired a new stake in Walmart during the 4th quarter worth approximately $30,000. Bay Harbor Wealth Management LLC lifted its holdings in Walmart by 57.4% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock worth $32,000 after purchasing an additional 105 shares during the last quarter. Finally, Clayton Financial Group LLC raised its holdings in Walmart by 193.0% in the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer’s stock valued at $33,000 after acquiring an additional 193 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Walmart news, Director C Douglas Mcmillon sold 19,416 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $118.63, for a total transaction of $2,303,320.08. Following the sale, the director owned 4,174,579 shares of the company’s stock, valued at approximately $495,230,306.77. The trade was a 0.46% decrease in their ownership of the stock. 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, CEO John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $124.08, for a total value of $1,628,550.00. Following the completion of the transaction, the chief executive officer owned 661,037 shares of the company’s stock, valued at $82,021,470.96. The trade was a 1.95% 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. In the last quarter, insiders have sold 128,986 shares of company stock valued at $15,927,908. 0.09% of the stock is currently owned by insiders.

Walmart Price Performance

Walmart stock opened at $120.82 on Tuesday. 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 Inc. has a 52 week low of $93.62 and a 52 week high of $135.15. The stock has a market capitalization of $961.50 billion, a P/E ratio of 42.39, a price-to-earnings-growth ratio of 4.52 and a beta of 0.60. The stock has a fifty day moving average of $125.18 and a 200-day moving average of $121.88.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting analysts’ consensus estimates of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The company had revenue of $177.75 billion during the quarter, compared to analysts’ expectations of $174.84 billion. During the same quarter in the previous year, the firm earned $0.61 EPS. Walmart’s revenue 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, sell-side analysts expect that Walmart Inc. will post 2.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WMT. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walmart in a report on Monday, June 8th. HSBC cut Walmart from a “buy” rating to a “hold” rating and lifted their price objective for the company from $122.00 to $131.00 in a report on Friday, February 20th. Jefferies Financial Group set a $145.00 price objective on Walmart in a report on Friday, February 20th. TD Cowen reaffirmed a “buy” rating and issued a $150.00 price objective (up from $145.00) on shares of Walmart in a report on Thursday, May 7th. Finally, Guggenheim lifted their price objective on Walmart from $120.00 to $137.00 and gave the company a “buy” rating in a report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average price target of $138.85.

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.