Baron Silver Stevens Financial Advisors LLC Has $605,000 Position in Walmart Inc. (NYSE:WMT)

Baron Silver Stevens Financial Advisors LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 3.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 7,493 shares of the retailer’s stock after acquiring an additional 284 shares during the period. Baron Silver Stevens Financial Advisors LLC’s holdings in Walmart were worth $605,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of WMT. EntryPoint Capital LLC acquired a new position in shares of Walmart in the 1st quarter valued at $25,000. TruNorth Capital Management LLC grew its stake in Walmart by 138.3% in the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after acquiring an additional 249 shares during the period. Cultivar Capital Inc. bought a new stake in shares of Walmart in the second quarter worth about $29,000. FSA Wealth Management LLC lifted its holdings in shares of Walmart by 253.0% during the 1st quarter. FSA Wealth Management LLC now owns 526 shares of the retailer’s stock valued at $32,000 after purchasing an additional 377 shares in the last quarter. Finally, Kozak & Associates Inc. lifted its holdings in shares of Walmart by 216.4% during the 1st quarter. Kozak & Associates Inc. now owns 503 shares of the retailer’s stock valued at $32,000 after purchasing an additional 344 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WMT. Melius Research began coverage on shares of Walmart in a report on Monday, September 23rd. They set a “buy” rating and a $95.00 target price on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, August 16th. DA Davidson increased their target price on Walmart from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Piper Sandler restated an “overweight” rating and issued a $83.00 price target (up from $81.00) on shares of Walmart in a report on Friday, August 16th. Finally, Sanford C. Bernstein started coverage on Walmart in a research report on Tuesday, October 22nd. They set an “outperform” rating and a $95.00 price objective for the company. One research analyst has rated the stock with a hold rating, twenty-nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Buy” and an average price target of $83.89.

Insider Buying and Selling at Walmart

In other news, major shareholder S Robson Walton sold 4,057,369 shares of Walmart stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the sale, the insider now directly owns 611,988,318 shares in the company, valued at approximately $47,245,498,149.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, major shareholder S Robson Walton sold 4,057,369 shares of the business’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the transaction, the insider now owns 611,988,318 shares of the company’s stock, valued at $47,245,498,149.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $82.96, for a total transaction of $1,088,850.00. Following the sale, the executive vice president now owns 593,040 shares in the company, valued at $49,198,598.40. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,334,337 shares of company stock valued at $958,577,287 in the last quarter. Company insiders own 45.58% of the company’s stock.

Walmart Stock Up 0.7 %

Walmart stock opened at $81.96 on Friday. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $83.34. The stock has a market cap of $658.81 billion, a P/E ratio of 42.61, a P/E/G ratio of 4.08 and a beta of 0.51. The company’s 50-day moving average price is $79.67 and its two-hundred day moving average price is $70.94. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The firm had revenue of $169.30 billion for the quarter, compared to analyst estimates of $168.56 billion. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.61 EPS. As a group, analysts expect that Walmart Inc. will post 2.44 EPS for the current year.

About Walmart

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.