Perryman Financial Advisory Inc. AD Purchases New Position in Walmart Inc. $WMT

Perryman Financial Advisory Inc. AD acquired a new stake in Walmart Inc. (NASDAQ:WMT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 27,174 shares of the retailer’s stock, valued at approximately $3,027,000.

Other institutional investors have also modified their holdings of the company. Entrust Financial LLC bought a new stake in shares of Walmart in the 4th quarter valued at approximately $27,000. Redmont Wealth Advisors LLC bought a new stake in shares of Walmart in the 3rd quarter valued at approximately $30,000. Beacon Financial Strategies CORP bought a new stake in shares of Walmart in the 4th quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC lifted its stake in shares of Walmart by 57.4% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 288 shares of the retailer’s stock valued at $32,000 after purchasing an additional 105 shares during the last quarter. Finally, Clayton Financial Group LLC lifted its stake in shares of 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 purchasing an additional 193 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WMT has been the subject of several analyst reports. Evercore reaffirmed an “outperform” rating on shares of Walmart in a research note on Monday, May 18th. Tigress Financial reiterated a “buy” rating and issued a $155.00 price target (up from $150.00) on shares of Walmart in a report on Friday, May 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $137.00 price target (down from $140.00) on shares of Walmart in a report on Friday, May 22nd. Freedom Capital upgraded Walmart from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Bank of America started coverage on Walmart in a report on Friday, February 27th. They issued a “buy” rating and a $150.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $138.85.

Insider Activity at Walmart

In other Walmart news, EVP David W. Guggina sold 11,978 shares of the firm’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $119.82, for a total transaction of $1,435,203.96. Following the transaction, the executive vice president directly owned 125,067 shares in the company, valued at $14,985,527.94. This trade represents a 8.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Latriece Watkins sold 11,000 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.97, for a total value of $1,308,670.00. Following the transaction, the executive vice president owned 120,203 shares in the company, valued at $14,300,550.91. The trade was a 8.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 128,986 shares of company stock worth $15,927,908 over the last three months. Corporate insiders own 0.09% of the company’s stock.

Walmart Stock Performance

Shares of NASDAQ WMT opened at $121.04 on Monday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.77. The business’s 50 day moving average price is $125.28 and its 200-day moving average price is $121.78. Walmart Inc. has a fifty-two week low of $93.62 and a fifty-two week high of $135.15. The company has a market cap of $963.25 billion, a price-to-earnings ratio of 42.47, a PEG ratio of 4.52 and a beta of 0.60.

Walmart (NASDAQ:WMT) last released its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 EPS for the quarter, hitting the consensus estimate of $0.66. The company had revenue of $177.75 billion for the quarter, compared to the consensus estimate of $174.84 billion. Walmart had a return on equity of 21.25% and a net margin of 3.13%.Walmart’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the business posted $0.61 EPS. 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 year.

Walmart 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.