Walmart Inc. $WMT Shares Acquired by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners raised its position in shares of Walmart Inc. (NASDAQ:WMT) by 466.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,343 shares of the retailer’s stock after buying an additional 10,988 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in Walmart were worth $1,375,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in WMT. Revolve Wealth Partners LLC boosted its holdings in Walmart by 1.0% in the third quarter. Revolve Wealth Partners LLC now owns 9,926 shares of the retailer’s stock worth $1,023,000 after purchasing an additional 96 shares during the period. Meridian Wealth Partners LLC boosted its holdings in shares of Walmart by 2.1% in the 2nd quarter. Meridian Wealth Partners LLC now owns 4,804 shares of the retailer’s stock valued at $470,000 after buying an additional 99 shares during the period. Hemington Wealth Management boosted its holdings in shares of Walmart by 1.8% in the 3rd quarter. Hemington Wealth Management now owns 5,695 shares of the retailer’s stock valued at $586,000 after buying an additional 99 shares during the period. Boomfish Wealth Group LLC grew its position in shares of Walmart by 2.7% during the 3rd quarter. Boomfish Wealth Group LLC now owns 3,701 shares of the retailer’s stock valued at $381,000 after buying an additional 99 shares during the last quarter. Finally, Bailard Inc. raised its stake in Walmart by 0.3% during the third quarter. Bailard Inc. now owns 29,445 shares of the retailer’s stock worth $3,035,000 after acquiring an additional 99 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other news, EVP Christopher James Nicholas sold 34,082 shares of Walmart stock in a transaction on Friday, February 20th. The stock was sold at an average price of $122.00, for a total transaction of $4,158,004.00. Following the transaction, the executive vice president directly owned 533,466 shares in the company, valued at approximately $65,082,852. This trade represents a 6.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Donna Morris sold 76,181 shares of the business’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $123.79, for a total value of $9,430,445.99. Following the completion of the sale, the executive vice president directly owned 402,072 shares in the company, valued at $49,772,492.88. This represents a 15.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 279,703 shares of company stock valued at $34,140,843. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Piper Sandler reaffirmed an “overweight” rating on shares of Walmart in a report on Tuesday, February 24th. BMO Capital Markets restated an “outperform” rating on shares of Walmart in a research report on Wednesday, January 14th. DA Davidson set a $150.00 target price on Walmart and gave the stock a “buy” rating in a research report on Friday, February 20th. Morgan Stanley reiterated an “overweight” rating and issued a $135.00 target price (up from $125.00) on shares of Walmart in a research note on Thursday, January 15th. Finally, Rothschild & Co Redburn set a $150.00 price target on shares of Walmart in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $135.76.

Walmart Trading Down 1.3%

Shares of WMT stock opened at $123.49 on Thursday. Walmart Inc. has a 1 year low of $79.81 and a 1 year high of $134.69. The firm has a market capitalization of $984.24 billion, a PE ratio of 45.07, a price-to-earnings-growth ratio of 4.66 and a beta of 0.66. The stock has a fifty day moving average of $122.61 and a two-hundred day moving average of $111.53. 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 (NASDAQ:WMT) last issued its quarterly earnings data 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. The business had revenue of $190.66 billion for the quarter, compared to analysts’ expectations of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The company’s revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the business earned $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. As a group, research analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be issued a $0.2475 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.99 annualized dividend and a dividend yield of 0.8%. Walmart’s dividend payout ratio (DPR) 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.