Walmart Inc. (NYSE:WMT) Shares Sold by Atwater Malick LLC

Atwater Malick LLC decreased its position in Walmart Inc. (NYSE:WMT) by 1.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 162,407 shares of the retailer’s stock after selling 2,633 shares during the period. Walmart accounts for about 4.9% of Atwater Malick LLC’s portfolio, making the stock its 5th largest holding. Atwater Malick LLC’s holdings in Walmart were worth $14,673,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Dakota Community Bank & Trust NA grew its stake in shares of Walmart by 4.0% in the fourth quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock valued at $260,000 after acquiring an additional 110 shares in the last quarter. TrueWealth Advisors LLC grew its position in Walmart by 13.2% during the fourth quarter. TrueWealth Advisors LLC now owns 11,751 shares of the retailer’s stock worth $1,062,000 after buying an additional 1,371 shares in the last quarter. Retirement Wealth Solutions LLC bought a new position in Walmart during the 4th quarter worth $63,000. Brooklyn Investment Group raised its holdings in Walmart by 6.0% in the 4th quarter. Brooklyn Investment Group now owns 34,027 shares of the retailer’s stock valued at $3,074,000 after acquiring an additional 1,930 shares in the last quarter. Finally, Somerset Trust Co lifted its position in shares of Walmart by 1.7% during the 4th quarter. Somerset Trust Co now owns 75,898 shares of the retailer’s stock valued at $6,857,000 after acquiring an additional 1,303 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $92.60, for a total value of $1,215,375.00. Following the sale, the executive vice president now directly owns 566,794 shares of the company’s stock, valued at $52,485,124.40. This represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock worth $12,478,149 over the last quarter. Corporate insiders own 45.58% of the company’s stock.

Walmart Trading Up 0.8 %

Shares of Walmart stock opened at $92.02 on Friday. The firm has a market cap of $739.19 billion, a PE ratio of 37.76, a P/E/G ratio of 4.41 and a beta of 0.55. Walmart Inc. has a 1 year low of $53.44 and a 1 year high of $96.18. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The stock has a fifty day moving average price of $91.15 and a 200-day moving average price of $81.27.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter last year, the company posted $0.51 earnings per share. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. Equities research analysts anticipate that Walmart Inc. will post 2.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on WMT. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target for the company. in a research note on Thursday, November 21st. Piper Sandler lifted their price target on Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Robert W. Baird upped their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Roth Mkm upped their target price on Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, Oppenheimer raised their price target on shares of Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $94.49.

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.