Robeco Institutional Asset Management B.V. Increases Holdings in Walmart Inc. (NYSE:WMT)

Robeco Institutional Asset Management B.V. boosted its holdings in shares of Walmart Inc. (NYSE:WMTFree Report) by 18.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,584,166 shares of the retailer’s stock after purchasing an additional 546,917 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Walmart were worth $323,829,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Sumitomo Life Insurance Co. lifted its stake in Walmart by 4.8% in the 4th quarter. Sumitomo Life Insurance Co. now owns 118,144 shares of the retailer’s stock worth $10,674,000 after purchasing an additional 5,402 shares in the last quarter. R Squared Ltd purchased a new position in shares of Walmart during the fourth quarter valued at about $246,000. Foster Group Inc. increased its holdings in shares of Walmart by 33.3% in the fourth quarter. Foster Group Inc. now owns 20,111 shares of the retailer’s stock worth $1,817,000 after purchasing an additional 5,023 shares during the last quarter. Fulton Breakefield Broenniman LLC lifted its position in shares of Walmart by 73.1% in the fourth quarter. Fulton Breakefield Broenniman LLC now owns 8,176 shares of the retailer’s stock worth $739,000 after buying an additional 3,453 shares in the last quarter. Finally, NorthStar Asset Management LLC NJ bought a new position in Walmart during the fourth quarter valued at approximately $213,000. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the sale, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This represents a 0.76 % decrease in their ownership of the stock. 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 Walmart stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 460,705 shares in the company, valued at $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 137,177 shares of company stock worth $12,649,328 in the last three months. 45.58% of the stock is owned by insiders.

Analyst Ratings Changes

WMT has been the topic of several recent research reports. Oppenheimer upped their price objective on Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $105.00 price target on shares of Walmart in a research note on Wednesday, January 15th. BMO Capital Markets lifted their price objective on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Barclays upped their target price on shares of Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. Finally, Truist Financial increased their price target on shares of Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $94.69.

Get Our Latest Stock Report on Walmart

Walmart Trading Up 1.1 %

NYSE WMT opened at $98.61 on Friday. Walmart Inc. has a one year low of $55.04 and a one year high of $98.93. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The company has a market capitalization of $792.15 billion, a price-to-earnings ratio of 40.47, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. The company’s 50-day simple moving average is $92.71 and its two-hundred day simple moving average is $82.79.

Walmart (NYSE:WMTGet Free Report) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $0.51 earnings per share. Equities analysts forecast that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Walmart Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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