Walmart Inc. (NYSE:WMT) Shares Acquired by Maia Wealth LLC

Maia Wealth LLC grew its stake in Walmart Inc. (NYSE:WMT) by 6.4% during the 4th quarter, Holdings Channel reports. The firm owned 7,421 shares of the retailer’s stock after purchasing an additional 448 shares during the quarter. Maia Wealth LLC’s holdings in Walmart were worth $723,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. FPC Investment Advisory Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at about $25,000. Fiduciary Advisors Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at about $27,000. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the third quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at about $32,000. Finally, Noble Wealth Management PBC purchased a new position in shares of Walmart in the fourth quarter worth about $37,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Walmart from $97.00 to $112.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. TD Cowen raised their price target on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Citigroup reissued a “positive” rating on shares of Walmart in a research note on Thursday, February 20th. Guggenheim reissued a “buy” rating and issued a $100.00 price target on shares of Walmart in a research note on Monday, February 24th. Finally, Roth Mkm reissued a “buy” rating and issued a $108.00 price target (up from $97.00) on shares of Walmart in a research note on Friday, February 21st. One equities research analyst has rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $103.07.

Walmart Trading Up 1.9 %

Shares of WMT stock opened at $98.65 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The stock has a market capitalization of $792.52 billion, a P/E ratio of 40.94, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. The company has a 50 day moving average price of $95.90 and a 200 day moving average price of $87.58. Walmart Inc. has a fifty-two week low of $58.20 and a fifty-two week high of $105.30.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The company had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. Equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a yield of 0.95%. The ex-dividend date is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $96.95, for a total transaction of $2,823,571.80. Following the completion of the transaction, the chief executive officer now owns 3,558,247 shares in the company, valued at $344,972,046.65. The trade was a 0.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares of the company’s stock, valued at $41,956,404.35. This represents a 0.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 188,777 shares of company stock worth $17,934,726 in the last 90 days. Corporate insiders own 45.58% of the company’s stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.